Call reports 2019
MINNESOTA FIRST CREDIT AND SAVINGS, INCORPORATED — 2019
What MINNESOTA FIRST CREDIT AND SAVINGS, INCORPORATED reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 26,850,000 | 26,793,000 | 26,659,000 | 26,494,000 |
| Total loans | 23,470,000 | 23,163,000 | 23,236,000 | 23,274,000 |
| Allowance for loan losses | 425,000 | 427,000 | 414,000 | 396,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,373,000 | 21,308,000 | 21,247,000 | 21,068,000 |
| Interest-bearing deposits | 21,373,000 | 21,308,000 | 21,247,000 | 20,980,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 88,000 |
| Equity capital | 4,139,000 | 4,127,000 | 4,119,000 | 4,145,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 448,000 | 888,000 | 1,330,000 | 1,807,000 |
| Interest expense | 105,000 | 220,000 | 342,000 | 466,000 |
| Net interest income | 343,000 | 668,000 | 988,000 | 1,341,000 |
| Noninterest income | 21,000 | 31,000 | 49,000 | 60,000 |
| Noninterest expense | 324,000 | 640,000 | 973,000 | 1,305,000 |
| Provision for loan losses | 5,000 | 5,000 | 5,000 | 10,000 |
| Pretax income | 35,000 | 54,000 | 59,000 | 86,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 35,000 | 54,000 | 59,000 | 86,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,139,000 | 4,127,000 | 4,119,000 | 4,145,000 |
| Total capital | 4,382,000 | 4,364,000 | 4,356,000 | 4,381,000 |
| Risk-weighted assets | 19,239,000 | 18,745,000 | 18,818,000 | 18,708,000 |