Call reports 2015
PIONEER NATIONAL BANK OF DULUTH, THE — 2015
What PIONEER NATIONAL BANK OF DULUTH, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 81,045,000 | 80,432,000 | 79,591,000 | 79,796,000 |
| Total loans | 63,858,000 | 64,263,000 | 64,561,000 | 58,047,000 |
| Allowance for loan losses | 639,000 | 630,000 | 614,000 | 632,000 |
| Securities available for sale | 2,499,000 | 2,393,000 | 2,320,000 | 2,233,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,138,000 | 67,403,000 | 69,396,000 | 69,919,000 |
| Interest-bearing deposits | 52,729,000 | 51,889,000 | 53,097,000 | 52,994,000 |
| Noninterest-bearing deposits | 17,409,000 | 15,514,000 | 16,300,000 | 16,925,000 |
| Equity capital | 8,838,000 | 8,951,000 | 9,102,000 | 8,811,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 893,000 | 1,773,000 | 2,667,000 | 3,500,000 |
| Interest expense | 47,000 | 93,000 | 136,000 | 177,000 |
| Net interest income | 846,000 | 1,680,000 | 2,531,000 | 3,323,000 |
| Noninterest income | 77,000 | 143,000 | 204,000 | 256,000 |
| Noninterest expense | 677,000 | 1,339,000 | 2,010,000 | 2,656,000 |
| Provision for loan losses | 11,000 | 21,000 | 32,000 | 42,000 |
| Pretax income | 235,000 | 463,000 | 693,000 | 881,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 233,000 | 461,000 | 691,000 | 879,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,698,000 | 8,834,000 | 8,981,000 | 8,694,000 |
| Total capital | 9,337,000 | 9,464,000 | 9,595,000 | 9,326,000 |
| Risk-weighted assets | 58,635,000 | 58,740,000 | 58,533,000 | 52,861,000 |