Call reports 2024
MINDEN EXCHANGE BANK & TRUST COMPANY — 2024
What MINDEN EXCHANGE BANK & TRUST COMPANY 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 | 188,698,000 | 184,769,000 | 189,776,000 | 185,003,000 |
| Total loans | 83,405,000 | 88,413,000 | 99,293,000 | 96,029,000 |
| Allowance for loan losses | 2,105,000 | 2,098,000 | 2,098,000 | 2,092,000 |
| Securities available for sale | 87,091,000 | 86,557,000 | 80,992,000 | 68,185,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,292,000 | 138,283,000 | 136,247,000 | 142,161,000 |
| Interest-bearing deposits | 116,016,000 | 112,963,000 | 110,737,000 | 113,285,000 |
| Noninterest-bearing deposits | 30,276,000 | 25,320,000 | 25,510,000 | 28,876,000 |
| Equity capital | 32,040,000 | 33,244,000 | 34,990,000 | 35,363,000 |
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 | 2,039,000 | 4,134,000 | 6,216,000 | 8,433,000 |
| Interest expense | 522,000 | 1,007,000 | 1,628,000 | 2,230,000 |
| Net interest income | 1,517,000 | 3,127,000 | 4,588,000 | 6,203,000 |
| Noninterest income | 147,000 | 615,000 | 877,000 | 982,000 |
| Noninterest expense | 870,000 | 1,716,000 | 2,666,000 | 3,270,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 794,000 | 2,026,000 | 2,799,000 | 3,915,000 |
| Income tax | 166,000 | 332,000 | 499,000 | 759,000 |
| Net income | 628,000 | 1,694,000 | 2,300,000 | 3,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,597,000 | 37,663,000 | 37,948,000 | 38,804,000 |