Call reports 2020
MINDEN EXCHANGE BANK & TRUST COMPANY — 2020
What MINDEN EXCHANGE BANK & TRUST COMPANY reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 148,185,000 | 155,776,000 | 158,336,000 | 162,984,000 |
| Total loans | 95,176,000 | 97,246,000 | 101,411,000 | 93,104,000 |
| Allowance for loan losses | 2,016,000 | 2,010,000 | 2,012,000 | 2,048,000 |
| Securities available for sale | 39,216,000 | 41,297,000 | 43,872,000 | 44,930,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,588,000 | 110,314,000 | 112,555,000 | 117,521,000 |
| Interest-bearing deposits | 89,803,000 | 91,099,000 | 94,100,000 | 94,090,000 |
| Noninterest-bearing deposits | 18,785,000 | 19,215,000 | 18,455,000 | 23,431,000 |
| Equity capital | 30,300,000 | 31,067,000 | 31,196,000 | 31,823,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,344,000 | 2,825,000 | 4,130,000 | 5,410,000 |
| Interest expense | 134,000 | 249,000 | 361,000 | 463,000 |
| Net interest income | 1,210,000 | 2,576,000 | 3,769,000 | 4,947,000 |
| Noninterest income | 110,000 | 220,000 | 339,000 | 467,000 |
| Noninterest expense | 795,000 | 1,595,000 | 2,362,000 | 2,962,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 529,000 | 1,207,000 | 1,752,000 | 2,458,000 |
| Income tax | 94,000 | 187,000 | 281,000 | 323,000 |
| Net income | 435,000 | 1,020,000 | 1,471,000 | 2,135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,918,000 | 30,510,000 | 30,639,000 | 31,296,000 |