Call reports 2024
MINNESOTA NATIONAL BANK — 2024
What MINNESOTA NATIONAL 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 | 297,345,000 | 301,075,000 | 303,372,000 | 302,631,000 |
| Total loans | 208,736,000 | 215,480,000 | 219,110,000 | 219,117,000 |
| Allowance for loan losses | 2,298,000 | 2,313,000 | 2,532,000 | 2,528,000 |
| Securities available for sale | 66,820,000 | 64,003,000 | 60,834,000 | 54,448,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 247,839,000 | 243,996,000 | 252,230,000 | 250,154,000 |
| Interest-bearing deposits | 212,036,000 | 208,197,000 | 211,111,000 | 215,952,000 |
| Noninterest-bearing deposits | 35,803,000 | 35,799,000 | 41,119,000 | 34,202,000 |
| Equity capital | 23,634,000 | 24,500,000 | 26,028,000 | 26,169,000 |
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 | 3,693,000 | 7,569,000 | 11,599,000 | 15,661,000 |
| Interest expense | 1,486,000 | 3,089,000 | 4,797,000 | 6,370,000 |
| Net interest income | 2,207,000 | 4,480,000 | 6,802,000 | 9,291,000 |
| Noninterest income | 412,000 | 849,000 | 1,276,000 | 1,686,000 |
| Noninterest expense | 1,931,000 | 3,704,000 | 5,657,000 | 7,425,000 |
| Provision for loan losses | 40,000 | 60,000 | 280,000 | 310,000 |
| Pretax income | 648,000 | 1,811,000 | 2,387,000 | 3,489,000 |
| Income tax | 85,000 | 168,000 | 250,000 | 333,000 |
| Net income | 563,000 | 1,643,000 | 2,137,000 | 3,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,749,000 | 24,548,000 | 24,624,000 | 25,323,000 |
| Total capital | 26,047,000 | 26,861,000 | 27,156,000 | 27,851,000 |
| Risk-weighted assets | 230,368,000 | 233,532,000 | 231,722,000 | 236,319,000 |