Call reports 2024
MINERS EXCHANGE BANK — 2024
What MINERS EXCHANGE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 91,608,000 | 92,731,000 | 91,505,000 | 93,972,000 |
| Total loans | 52,737,000 | 55,038,000 | 55,737,000 | 56,511,000 |
| Allowance for loan losses | 602,000 | 600,000 | 596,000 | 619,000 |
| Securities available for sale | 22,077,000 | 21,840,000 | 21,795,000 | 21,071,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,285,000 | 81,094,000 | 79,197,000 | 81,864,000 |
| Interest-bearing deposits | 37,735,000 | 39,455,000 | 38,642,000 | 38,774,000 |
| Noninterest-bearing deposits | 42,550,000 | 41,639,000 | 40,555,000 | 43,090,000 |
| Equity capital | 9,888,000 | 10,015,000 | 10,602,000 | 10,281,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,129,000 | 2,339,000 | 3,561,000 | 4,767,000 |
| Interest expense | 122,000 | 324,000 | 538,000 | 764,000 |
| Net interest income | 1,007,000 | 2,015,000 | 3,023,000 | 4,003,000 |
| Noninterest income | 182,000 | 356,000 | 518,000 | 702,000 |
| Noninterest expense | 1,093,000 | 2,207,000 | 3,320,000 | 4,473,000 |
| Provision for loan losses | 5,000 | 12,000 | 20,000 | 55,000 |
| Pretax income | 91,000 | 152,000 | 201,000 | 177,000 |
| Income tax | 18,000 | 29,000 | 36,000 | 30,000 |
| Net income | 73,000 | 123,000 | 165,000 | 147,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,841,000 | 11,888,000 | 11,930,000 | 11,913,000 |
| Total capital | 12,449,000 | 12,494,000 | 12,532,000 | 12,538,000 |
| Risk-weighted assets | 52,605,000 | 54,680,000 | 54,658,000 | 57,278,000 |