Call reports 2023
MINDEN EXCHANGE BANK & TRUST COMPANY — 2023
What MINDEN EXCHANGE BANK & TRUST COMPANY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 197,234,000 | 190,292,000 | 195,893,000 | 191,332,000 |
| Total loans | 72,077,000 | 79,686,000 | 91,970,000 | 89,455,000 |
| Allowance for loan losses | 2,107,000 | 2,108,000 | 2,106,000 | 2,105,000 |
| Securities available for sale | 88,071,000 | 95,407,000 | 94,194,000 | 91,218,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,642,000 | 146,481,000 | 135,286,000 | 134,174,000 |
| Interest-bearing deposits | 118,636,000 | 116,641,000 | 108,163,000 | 106,115,000 |
| Noninterest-bearing deposits | 34,006,000 | 29,840,000 | 27,123,000 | 28,059,000 |
| Equity capital | 29,339,000 | 29,752,000 | 29,280,000 | 31,948,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,812,000 | 3,818,000 | 5,856,000 | 7,960,000 |
| Interest expense | 182,000 | 456,000 | 804,000 | 1,380,000 |
| Net interest income | 1,630,000 | 3,362,000 | 5,052,000 | 6,580,000 |
| Noninterest income | 164,000 | 298,000 | 435,000 | 570,000 |
| Noninterest expense | 871,000 | 1,701,000 | 2,439,000 | 3,351,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 923,000 | 1,959,000 | 3,048,000 | 3,799,000 |
| Income tax | 124,000 | 248,000 | 423,000 | 752,000 |
| Net income | 799,000 | 1,711,000 | 2,625,000 | 3,047,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,382,000 | 35,294,000 | 35,886,000 | 36,290,000 |