Call reports 2021
MINERS EXCHANGE BANK — 2021
What MINERS EXCHANGE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 91,373,000 | 92,862,000 | 94,437,000 | 97,003,000 |
| Total loans | 50,454,000 | 51,353,000 | 50,259,000 | 50,565,000 |
| Allowance for loan losses | 501,000 | 502,000 | 528,000 | 565,000 |
| Securities available for sale | 10,324,000 | 12,334,000 | 11,692,000 | 15,048,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,480,000 | 79,826,000 | 81,369,000 | 83,982,000 |
| Interest-bearing deposits | 36,455,000 | 36,831,000 | 38,792,000 | 38,998,000 |
| Noninterest-bearing deposits | 42,025,000 | 42,995,000 | 42,577,000 | 44,984,000 |
| Equity capital | 11,412,000 | 11,505,000 | 11,496,000 | 11,446,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 890,000 | 1,866,000 | 2,823,000 | 3,761,000 |
| Interest expense | 53,000 | 103,000 | 152,000 | 198,000 |
| Net interest income | 837,000 | 1,763,000 | 2,671,000 | 3,563,000 |
| Noninterest income | 138,000 | 313,000 | 623,000 | 780,000 |
| Noninterest expense | 983,000 | 1,990,000 | 2,994,000 | 3,988,000 |
| Provision for loan losses | 8,000 | 19,000 | 89,000 | 91,000 |
| Pretax income | 10,000 | 93,000 | 238,000 | 291,000 |
| Income tax | 3,000 | 21,000 | 46,000 | 45,000 |
| Net income | 7,000 | 72,000 | 192,000 | 246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,380,000 | 11,445,000 | 11,451,000 | 11,505,000 |
| Total capital | 11,881,000 | — | — | — |
| Risk-weighted assets | 49,410,000 | — | — | — |