Call reports 2024
MINNSTAR BANK NATIONAL ASSOCIATION — 2024
What MINNSTAR BANK NATIONAL ASSOCIATION 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 | 219,344,000 | 205,393,000 | 205,772,000 | 200,680,000 |
| Total loans | 173,974,000 | 169,889,000 | 163,991,000 | 161,611,000 |
| Allowance for loan losses | 2,347,000 | 2,393,000 | 2,391,000 | 2,534,000 |
| Securities available for sale | 9,352,000 | 10,114,000 | 10,132,000 | 11,176,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,634,000 | 173,971,000 | 173,771,000 | 170,005,000 |
| Interest-bearing deposits | 147,428,000 | 137,583,000 | 131,507,000 | 134,172,000 |
| Noninterest-bearing deposits | 36,206,000 | 36,388,000 | 42,264,000 | 35,833,000 |
| Equity capital | 20,046,000 | 20,424,000 | 21,018,000 | 21,221,000 |
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 | 2,954,000 | 5,781,000 | 8,590,000 | 11,316,000 |
| Interest expense | 1,260,000 | 2,482,000 | 3,664,000 | 4,829,000 |
| Net interest income | 1,694,000 | 3,299,000 | 4,926,000 | 6,487,000 |
| Noninterest income | 138,000 | 367,000 | 564,000 | 778,000 |
| Noninterest expense | 1,203,000 | 2,453,000 | 3,721,000 | 4,852,000 |
| Provision for loan losses | 45,000 | 90,000 | 90,000 | 239,000 |
| Pretax income | 584,000 | 1,117,000 | 1,677,000 | 2,176,000 |
| Income tax | 137,000 | 285,000 | 471,000 | 574,000 |
| Net income | 447,000 | 832,000 | 1,206,000 | 1,602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,370,000 | 20,755,000 | 21,129,000 | 21,523,000 |
| Total capital | 22,434,000 | 22,749,000 | 23,069,000 | 23,385,000 |
| Risk-weighted assets | 164,887,000 | 159,187,000 | 154,765,000 | 148,299,000 |