Call reports 2020
MINERS EXCHANGE BANK — 2020
What MINERS EXCHANGE BANK 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 | 81,929,000 | 86,840,000 | 86,347,000 | 90,270,000 |
| Total loans | 50,766,000 | 53,485,000 | 53,710,000 | 51,636,000 |
| Allowance for loan losses | 532,000 | 549,000 | 535,000 | 527,000 |
| Securities available for sale | 11,505,000 | 11,647,000 | 11,308,000 | 10,952,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,341,000 | 74,017,000 | 73,405,000 | 77,239,000 |
| Interest-bearing deposits | 34,161,000 | 34,818,000 | 33,681,000 | 35,569,000 |
| Noninterest-bearing deposits | 35,180,000 | 39,199,000 | 39,724,000 | 41,670,000 |
| Equity capital | 11,181,000 | 11,378,000 | 11,471,000 | 11,515,000 |
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 | 1,015,000 | 2,061,000 | 3,057,000 | 4,125,000 |
| Interest expense | 74,000 | 137,000 | 197,000 | 254,000 |
| Net interest income | 941,000 | 1,924,000 | 2,860,000 | 3,871,000 |
| Noninterest income | 165,000 | 281,000 | 462,000 | 555,000 |
| Noninterest expense | 1,041,000 | 2,041,000 | 3,050,000 | 4,079,000 |
| Provision for loan losses | 6,000 | 33,000 | 63,000 | 69,000 |
| Pretax income | 63,000 | 135,000 | 245,000 | 292,000 |
| Income tax | 12,000 | 25,000 | 49,000 | 57,000 |
| Net income | 51,000 | 110,000 | 196,000 | 235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,190,000 | 11,249,000 | 11,335,000 | 11,374,000 |
| Total capital | — | — | 11,870,000 | — |
| Risk-weighted assets | — | — | 50,386,000 | — |