Call reports 2017
PIONEER NATIONAL BANK OF DULUTH, THE — 2017
What PIONEER NATIONAL BANK OF DULUTH, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 79,501,000 | 82,504,000 | 82,848,000 | 82,791,000 |
| Total loans | 57,895,000 | 56,761,000 | 56,674,000 | 56,817,000 |
| Allowance for loan losses | 557,000 | 584,000 | 594,000 | 604,000 |
| Securities available for sale | 4,442,000 | 4,851,000 | 4,761,000 | 4,654,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,692,000 | 72,661,000 | 72,946,000 | 72,880,000 |
| Interest-bearing deposits | 54,965,000 | 55,110,000 | 56,743,000 | 55,704,000 |
| Noninterest-bearing deposits | 14,727,000 | 17,551,000 | 16,203,000 | 17,176,000 |
| Equity capital | 8,797,000 | 8,876,000 | 8,938,000 | 9,024,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 803,000 | 1,607,000 | 2,451,000 | 3,271,000 |
| Interest expense | 29,000 | 57,000 | 86,000 | 117,000 |
| Net interest income | 774,000 | 1,550,000 | 2,365,000 | 3,154,000 |
| Noninterest income | 46,000 | 71,000 | 120,000 | 168,000 |
| Noninterest expense | 699,000 | 1,372,000 | 2,010,000 | 2,622,000 |
| Provision for loan losses | 10,000 | 37,000 | 47,000 | 57,000 |
| Pretax income | 111,000 | 212,000 | 428,000 | 643,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 109,000 | 210,000 | 426,000 | 641,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,790,000 | 8,796,000 | 8,868,000 | 8,982,000 |
| Total capital | 9,347,000 | 9,380,000 | 9,462,000 | 9,586,000 |
| Risk-weighted assets | 53,845,000 | 52,320,000 | 53,068,000 | 53,232,000 |