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Call reports 2023

MINNESOTA NATIONAL BANK — 2023

What MINNESOTA NATIONAL BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/6f363de3-d5f9-495d-abb1-a0f8b6f5e2a5/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets277,868,000282,924,000281,673,000322,800,000
Total loans178,640,000185,866,000188,645,000198,028,000
Allowance for loan losses2,047,0002,096,0002,167,0002,259,000
Securities available for sale80,048,00073,060,00071,383,00069,397,000
Securities held to maturity0000
Trading assets0000
Total deposits234,130,000249,874,000245,812,000286,571,000
Interest-bearing deposits194,999,000212,729,000205,642,000210,651,000
Noninterest-bearing deposits39,131,00037,145,00040,170,00075,920,000
Equity capital21,435,00020,743,00020,804,00023,493,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income2,860,0006,003,0009,303,00012,797,000
Interest expense750,0001,775,0002,983,0004,306,000
Net interest income2,110,0004,228,0006,320,0008,491,000
Noninterest income400,000793,0001,204,0001,582,000
Noninterest expense1,814,0003,532,0005,371,0007,082,000
Provision for loan losses30,00080,000160,000260,000
Pretax income666,000868,0001,452,0002,190,000
Income tax70,000146,000220,000294,000
Net income596,000722,0001,232,0001,896,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital22,782,00022,545,00023,005,00023,518,000
Total capital24,829,00024,641,00025,172,00025,777,000
Risk-weighted assets211,461,000213,517,000217,051,000223,373,000