Call reports 2010
MINERS EXCHANGE BANK — 2010
What MINERS EXCHANGE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 111,314,000 | 108,017,000 | 115,431,000 | 130,391,000 |
| Total loans | 64,674,000 | 65,942,000 | 68,175,000 | 68,529,000 |
| Allowance for loan losses | 748,000 | 801,000 | 865,000 | 992,000 |
| Securities available for sale | 13,871,000 | 14,974,000 | 17,957,000 | 27,454,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,134,000 | 98,476,000 | 105,685,000 | 120,931,000 |
| Interest-bearing deposits | 81,254,000 | 77,753,000 | 84,434,000 | 98,932,000 |
| Noninterest-bearing deposits | 20,880,000 | 20,723,000 | 21,251,000 | 21,999,000 |
| Equity capital | 8,389,000 | 8,660,000 | 8,883,000 | 8,701,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,385,000 | 2,819,000 | 4,303,000 | 5,847,000 |
| Interest expense | 247,000 | 478,000 | 703,000 | 942,000 |
| Net interest income | 1,138,000 | 2,341,000 | 3,600,000 | 4,905,000 |
| Noninterest income | 76,000 | 339,000 | 559,000 | 729,000 |
| Noninterest expense | 1,006,000 | 2,048,000 | 3,116,000 | 4,207,000 |
| Provision for loan losses | 18,000 | 68,000 | 138,000 | 323,000 |
| Pretax income | 190,000 | 564,000 | 917,000 | 1,258,000 |
| Income tax | 60,000 | 209,000 | 338,000 | 386,000 |
| Net income | 130,000 | 355,000 | 579,000 | 872,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,209,000 | 8,434,000 | 8,658,000 | 8,951,000 |
| Total capital | 8,957,000 | 9,195,000 | 9,459,000 | 9,795,000 |
| Risk-weighted assets | 60,607,000 | 60,815,000 | 64,047,000 | 67,353,000 |