Call reports 2001
MINERS NATIONAL BANK OF EVELETH, THE — 2001
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 35,847,000 | 36,879,000 | 39,092,000 | 40,242,000 |
| Total loans | 22,025,000 | 22,255,000 | 23,425,000 | 23,526,000 |
| Allowance for loan losses | 241,000 | 259,000 | 262,000 | 280,000 |
| Securities available for sale | 7,342,000 | 6,404,000 | 8,765,000 | 10,050,000 |
| Securities held to maturity | 722,000 | 673,000 | 674,000 | 675,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,375,000 | 32,299,000 | 34,453,000 | 35,574,000 |
| Interest-bearing deposits | 25,313,000 | 25,115,000 | 27,594,000 | 28,422,000 |
| Noninterest-bearing deposits | 6,062,000 | 7,184,000 | 6,859,000 | 7,152,000 |
| Equity capital | 4,159,000 | 4,219,000 | 4,343,000 | 4,379,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 671,000 | 1,303,000 | 1,954,000 | 2,566,000 |
| Interest expense | 250,000 | 477,000 | 709,000 | 903,000 |
| Net interest income | 421,000 | 826,000 | 1,245,000 | 1,663,000 |
| Noninterest income | 53,000 | 95,000 | 140,000 | 182,000 |
| Noninterest expense | 355,000 | 672,000 | 1,000,000 | 1,325,000 |
| Provision for loan losses | 0 | 15,000 | 15,000 | 15,000 |
| Pretax income | 119,000 | 234,000 | 371,000 | 506,000 |
| Income tax | 59,000 | 94,000 | 131,000 | 179,000 |
| Net income | 60,000 | 140,000 | 240,000 | 327,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,095,000 | 4,154,000 | 4,255,000 | 4,321,000 |
| Total capital | 4,336,000 | 4,414,000 | 4,517,000 | 4,601,000 |
| Risk-weighted assets | 22,237,000 | 23,379,000 | 26,367,000 | 26,447,000 |