Call reports 2012
PIONEER NATIONAL BANK OF DULUTH, THE — 2012
What PIONEER NATIONAL BANK OF DULUTH, THE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 78,345,000 | 78,137,000 | 83,184,000 | 81,372,000 |
| Total loans | 63,009,000 | 64,990,000 | 60,437,000 | 57,487,000 |
| Allowance for loan losses | 661,000 | 647,000 | 529,000 | 559,000 |
| Securities available for sale | 4,180,000 | 3,524,000 | 4,440,000 | 4,219,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,112,000 | 64,868,000 | 70,645,000 | 69,189,000 |
| Interest-bearing deposits | 52,335,000 | 52,695,000 | 54,641,000 | 52,802,000 |
| Noninterest-bearing deposits | 12,777,000 | 12,173,000 | 16,004,000 | 16,387,000 |
| Equity capital | 8,591,000 | 8,749,000 | 8,406,000 | 8,581,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,085,000 | 2,082,000 | 3,046,000 | 4,003,000 |
| Interest expense | 96,000 | 175,000 | 249,000 | 322,000 |
| Net interest income | 989,000 | 1,907,000 | 2,797,000 | 3,681,000 |
| Noninterest income | 80,000 | 134,000 | 190,000 | 255,000 |
| Noninterest expense | 766,000 | 1,469,000 | 2,110,000 | 2,810,000 |
| Provision for loan losses | 25,000 | 50,000 | 723,000 | 763,000 |
| Pretax income | 278,000 | 522,000 | 154,000 | 363,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 276,000 | 520,000 | 152,000 | 361,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,406,000 | 8,546,000 | 8,172,000 | 8,381,000 |
| Total capital | 9,067,000 | 9,193,000 | 8,701,000 | 8,940,000 |
| Risk-weighted assets | 59,402,000 | 61,994,000 | 61,517,000 | 57,844,000 |