Call reports 2014
PIONEER NATIONAL BANK OF DULUTH, THE — 2014
What PIONEER NATIONAL BANK OF DULUTH, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 81,259,000 | 78,111,000 | 80,690,000 | 83,478,000 |
| Total loans | 61,675,000 | 62,726,000 | 66,053,000 | 66,549,000 |
| Allowance for loan losses | 614,000 | 631,000 | 641,000 | 620,000 |
| Securities available for sale | 3,360,000 | 2,784,000 | 2,693,000 | 2,562,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,151,000 | 66,410,000 | 69,578,000 | 69,403,000 |
| Interest-bearing deposits | 53,519,000 | 51,693,000 | 54,254,000 | 52,744,000 |
| Noninterest-bearing deposits | 16,632,000 | 14,717,000 | 15,324,000 | 16,659,000 |
| Equity capital | 8,533,000 | 8,621,000 | 8,740,000 | 8,680,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 861,000 | 1,731,000 | 2,631,000 | 3,565,000 |
| Interest expense | 48,000 | 97,000 | 146,000 | 194,000 |
| Net interest income | 813,000 | 1,634,000 | 2,485,000 | 3,371,000 |
| Noninterest income | 69,000 | 142,000 | 216,000 | 296,000 |
| Noninterest expense | 711,000 | 1,425,000 | 2,122,000 | 2,823,000 |
| Provision for loan losses | 10,000 | 17,000 | 28,000 | 38,000 |
| Pretax income | 161,000 | 341,000 | 558,000 | 813,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 159,000 | 339,000 | 556,000 | 811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,425,000 | 8,494,000 | 8,608,000 | 8,548,000 |
| Total capital | 9,039,000 | 9,125,000 | 9,249,000 | 9,168,000 |
| Risk-weighted assets | 59,149,000 | 58,945,000 | 62,426,000 | 63,547,000 |