Call reports 2016
PIONEER NATIONAL BANK OF DULUTH, THE — 2016
What PIONEER NATIONAL BANK OF DULUTH, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 81,368,000 | 79,956,000 | 80,665,000 | 80,497,000 |
| Total loans | 58,148,000 | 60,021,000 | 58,729,000 | 58,628,000 |
| Allowance for loan losses | 642,000 | 653,000 | 663,000 | 674,000 |
| Securities available for sale | 2,991,000 | 2,971,000 | 2,911,000 | 3,521,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,487,000 | 69,124,000 | 70,606,000 | 70,737,000 |
| Interest-bearing deposits | 54,935,000 | 54,507,000 | 53,681,000 | 54,284,000 |
| Noninterest-bearing deposits | 16,552,000 | 14,617,000 | 16,925,000 | 16,453,000 |
| Equity capital | 8,837,000 | 8,933,000 | 9,022,000 | 8,776,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 805,000 | 1,640,000 | 2,504,000 | 3,340,000 |
| Interest expense | 38,000 | 78,000 | 109,000 | 138,000 |
| Net interest income | 767,000 | 1,562,000 | 2,395,000 | 3,202,000 |
| Noninterest income | 66,000 | 135,000 | 176,000 | 247,000 |
| Noninterest expense | 664,000 | 1,324,000 | 1,975,000 | 2,672,000 |
| Provision for loan losses | 10,000 | 21,000 | 31,000 | 42,000 |
| Pretax income | 159,000 | 352,000 | 565,000 | 735,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 157,000 | 350,000 | 563,000 | 733,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,736,000 | 8,809,000 | 8,906,000 | 8,776,000 |
| Total capital | 9,378,000 | 9,462,000 | 9,569,000 | 9,450,000 |
| Risk-weighted assets | 53,316,000 | 54,668,000 | 54,521,000 | 54,010,000 |