Call reports 2024
FIRST NATIONAL BANK MINNESOTA — 2024
What FIRST NATIONAL BANK MINNESOTA 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 | 444,176,000 | 450,627,000 | 452,779,000 | 456,482,000 |
| Total loans | 336,302,000 | 344,878,000 | 341,102,000 | 339,887,000 |
| Allowance for loan losses | 4,308,000 | 4,384,000 | 4,330,000 | 5,102,000 |
| Securities available for sale | 75,436,000 | 74,050,000 | 76,347,000 | 72,256,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 382,601,000 | 383,882,000 | 381,115,000 | 393,468,000 |
| Interest-bearing deposits | 303,422,000 | 307,847,000 | 302,821,000 | 307,851,000 |
| Noninterest-bearing deposits | 79,179,000 | 76,035,000 | 78,294,000 | 85,617,000 |
| Equity capital | 35,380,000 | 34,392,000 | 36,542,000 | 36,369,000 |
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 | 5,170,000 | 10,578,000 | 15,998,000 | 21,506,000 |
| Interest expense | 1,665,000 | 3,457,000 | 5,348,000 | 7,155,000 |
| Net interest income | 3,505,000 | 7,121,000 | 10,650,000 | 14,351,000 |
| Noninterest income | 525,000 | 1,060,000 | 1,643,000 | 2,189,000 |
| Noninterest expense | 2,934,000 | 5,910,000 | 8,903,000 | 11,869,000 |
| Provision for loan losses | 40,000 | 115,000 | 291,000 | 1,062,000 |
| Pretax income | 1,054,000 | 2,139,000 | 3,092,000 | 3,608,000 |
| Income tax | 137,000 | 281,000 | 437,000 | 348,000 |
| Net income | 917,000 | 1,858,000 | 2,655,000 | 3,260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,097,000 | 37,385,000 | 37,098,000 | 38,862,000 |
| Total capital | 42,292,000 | 41,619,000 | 41,332,000 | 43,141,000 |
| Risk-weighted assets | 335,526,000 | 338,587,000 | 338,592,000 | 341,493,000 |