Call reports 2002
MINERS NATIONAL BANK OF EVELETH, THE — 2002
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 40,056,000 | 38,502,000 | 40,286,000 | 39,783,000 |
| Total loans | 22,863,000 | 23,067,000 | 23,305,000 | 23,384,000 |
| Allowance for loan losses | 287,000 | 287,000 | 287,000 | 288,000 |
| Securities available for sale | 9,779,000 | 10,100,000 | 9,773,000 | 9,631,000 |
| Securities held to maturity | 556,000 | 556,000 | 422,000 | 373,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,427,000 | 33,751,000 | 35,424,000 | 35,121,000 |
| Interest-bearing deposits | 28,439,000 | 27,650,000 | 27,786,000 | 28,865,000 |
| Noninterest-bearing deposits | 6,988,000 | 6,101,000 | 7,638,000 | 6,256,000 |
| Equity capital | 4,393,000 | 4,484,000 | 4,565,000 | 4,371,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 584,000 | 1,156,000 | 1,736,000 | 2,275,000 |
| Interest expense | 169,000 | 323,000 | 468,000 | 603,000 |
| Net interest income | 415,000 | 833,000 | 1,268,000 | 1,672,000 |
| Noninterest income | 29,000 | 69,000 | 94,000 | 124,000 |
| Noninterest expense | 387,000 | 716,000 | 1,075,000 | 1,441,000 |
| Provision for loan losses | 0 | 0 | 0 | 370,000 |
| Pretax income | 57,000 | 186,000 | 287,000 | -15,000 |
| Income tax | 15,000 | 64,000 | 101,000 | -23,000 |
| Net income | 42,000 | 122,000 | 186,000 | 8,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,363,000 | 4,423,000 | 4,488,000 | 4,290,000 |
| Total capital | 4,650,000 | 4,710,000 | 4,775,000 | 4,578,000 |
| Risk-weighted assets | 26,129,000 | 25,286,000 | 25,558,000 | 25,568,000 |