Call reports 2018
MINNESOTA FIRST CREDIT AND SAVINGS, INCORPORATED — 2018
What MINNESOTA FIRST CREDIT AND SAVINGS, INCORPORATED reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 27,508,000 | 27,243,000 | 26,492,000 | 26,518,000 |
| Total loans | 24,489,000 | 23,913,000 | 23,769,000 | 23,865,000 |
| Allowance for loan losses | 418,000 | 415,000 | 419,000 | 400,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,467,000 | 22,187,000 | 21,494,000 | 21,059,000 |
| Interest-bearing deposits | 22,467,000 | 22,187,000 | 21,494,000 | 21,059,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 4,089,000 | 4,081,000 | 4,098,000 | 4,110,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 457,000 | 909,000 | 1,365,000 | 1,818,000 |
| Interest expense | 76,000 | 160,000 | 250,000 | 345,000 |
| Net interest income | 381,000 | 749,000 | 1,115,000 | 1,473,000 |
| Noninterest income | 13,000 | 30,000 | 51,000 | 64,000 |
| Noninterest expense | 345,000 | 691,000 | 1,020,000 | 1,374,000 |
| Provision for loan losses | 14,000 | 18,000 | 37,000 | 42,000 |
| Pretax income | 35,000 | 70,000 | 109,000 | 121,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 34,000 | 69,000 | 108,000 | 120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,089,000 | 4,081,000 | 4,098,000 | 4,110,000 |
| Total capital | 4,341,000 | 4,329,000 | 4,344,000 | 4,354,000 |
| Risk-weighted assets | 19,981,000 | 19,663,000 | 19,480,000 | 19,363,000 |