Call reports 2020
MINNESOTA BANK & TRUST — 2020
What MINNESOTA BANK & TRUST reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 778,834,000 | 951,236,000 | 1,007,934,000 | 1,000,168,000 |
| Total loans | 488,108,000 | 606,363,000 | 614,349,000 | 601,567,000 |
| Allowance for loan losses | 6,096,000 | 6,214,000 | 6,191,000 | 5,898,000 |
| Securities available for sale | 175,984,000 | 254,996,000 | 314,558,000 | 324,929,000 |
| Securities held to maturity | 1,355,000 | 1,353,000 | 1,351,000 | 1,349,000 |
| Trading assets | 7,013,000 | 7,391,000 | 7,068,000 | 6,299,000 |
| Total deposits | 648,560,000 | 820,199,000 | 804,045,000 | 789,555,000 |
| Interest-bearing deposits | 458,835,000 | 525,844,000 | 516,998,000 | 514,878,000 |
| Noninterest-bearing deposits | 189,725,000 | 294,355,000 | 287,047,000 | 274,677,000 |
| Equity capital | 107,306,000 | 114,077,000 | 117,809,000 | 124,117,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 7,567,000 | 15,673,000 | 24,048,000 | 32,972,000 |
| Interest expense | 1,038,000 | 1,716,000 | 2,407,000 | 3,095,000 |
| Net interest income | 6,529,000 | 13,957,000 | 21,641,000 | 29,877,000 |
| Noninterest income | 985,000 | 1,975,000 | 3,061,000 | 4,760,000 |
| Noninterest expense | 4,587,000 | 9,040,000 | 13,004,000 | 17,939,000 |
| Provision for loan losses | 753,000 | 1,483,000 | 1,674,000 | 1,349,000 |
| Pretax income | 2,378,000 | 5,757,000 | 10,376,000 | 15,981,000 |
| Income tax | 555,000 | 1,311,000 | 2,386,000 | 3,651,000 |
| Net income | 1,823,000 | 4,446,000 | 7,990,000 | 12,330,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,651,000 | 71,269,000 | 74,067,000 | 78,661,000 |
| Total capital | 75,777,000 | 78,630,000 | 81,198,000 | 85,566,000 |
| Risk-weighted assets | 607,755,000 | 611,301,000 | 643,036,000 | 652,580,000 |