Call reports 2013
PIONEER NATIONAL BANK OF DULUTH, THE — 2013
What PIONEER NATIONAL BANK OF DULUTH, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 77,415,000 | 80,045,000 | 78,912,000 | 79,866,000 |
| Total loans | 59,362,000 | 59,312,000 | 62,718,000 | 62,380,000 |
| Allowance for loan losses | 584,000 | 590,000 | 596,000 | 632,000 |
| Securities available for sale | 3,978,000 | 3,469,000 | 3,309,000 | 3,609,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,055,000 | 68,700,000 | 67,346,000 | 67,472,000 |
| Interest-bearing deposits | 53,046,000 | 53,873,000 | 52,980,000 | 50,733,000 |
| Noninterest-bearing deposits | 13,009,000 | 14,827,000 | 14,366,000 | 16,739,000 |
| Equity capital | 8,702,000 | 8,781,000 | 8,963,000 | 8,471,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 903,000 | 1,792,000 | 2,711,000 | 3,616,000 |
| Interest expense | 55,000 | 106,000 | 157,000 | 209,000 |
| Net interest income | 848,000 | 1,686,000 | 2,554,000 | 3,407,000 |
| Noninterest income | 70,000 | 131,000 | 188,000 | 239,000 |
| Noninterest expense | 718,000 | 1,430,000 | 2,133,000 | 2,802,000 |
| Provision for loan losses | 25,000 | 31,000 | 37,000 | 73,000 |
| Pretax income | 175,000 | 358,000 | 574,000 | 773,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 173,000 | 356,000 | 572,000 | 771,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,519,000 | 8,671,000 | 8,852,000 | 8,374,000 |
| Total capital | 9,103,000 | 9,261,000 | 9,448,000 | 9,006,000 |
| Risk-weighted assets | 58,275,000 | 59,191,000 | 60,136,000 | 59,668,000 |