Call reports 2009
MINERS EXCHANGE BANK — 2009
What MINERS EXCHANGE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 93,435,000 | 89,910,000 | 92,451,000 | 103,575,000 |
| Total loans | 55,895,000 | 58,825,000 | 61,943,000 | 64,430,000 |
| Allowance for loan losses | 680,000 | 661,000 | 670,000 | 750,000 |
| Securities available for sale | 14,163,000 | 11,961,000 | 11,998,000 | 12,381,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,840,000 | 81,009,000 | 83,356,000 | 94,365,000 |
| Interest-bearing deposits | 64,698,000 | 61,322,000 | 63,562,000 | 71,698,000 |
| Noninterest-bearing deposits | 20,142,000 | 19,687,000 | 19,794,000 | 22,667,000 |
| Equity capital | 7,982,000 | 8,156,000 | 8,406,000 | 8,508,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,298,000 | 2,616,000 | 4,001,000 | 5,421,000 |
| Interest expense | 239,000 | 469,000 | 700,000 | 939,000 |
| Net interest income | 1,059,000 | 2,147,000 | 3,301,000 | 4,482,000 |
| Noninterest income | 78,000 | 178,000 | 281,000 | 373,000 |
| Noninterest expense | 918,000 | 1,886,000 | 2,861,000 | 3,910,000 |
| Provision for loan losses | 18,000 | 37,000 | 101,000 | 201,000 |
| Pretax income | 201,000 | 397,000 | 618,000 | 740,000 |
| Income tax | 65,000 | 131,000 | 205,000 | 186,000 |
| Net income | 136,000 | 266,000 | 413,000 | 554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,960,000 | 8,090,000 | 8,237,000 | 8,378,000 |
| Total capital | 8,600,000 | 8,748,000 | 8,907,000 | 9,118,000 |
| Risk-weighted assets | 51,198,000 | 52,608,000 | 54,972,000 | 59,151,000 |