Call reports 2003

MINERS NATIONAL BANK OF EVELETH, THE — 2003

Name: MINERS NATIONAL BANK OF EVELETH, THE — FFIEC call report 2003
Creator: MINERS NATIONAL BANK OF EVELETH, THE

What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2003, quarter by quarter.

PERIOD: 2003SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/fb9ac218-c06e-4cfb-b490-21ec9e2a9dd6/2003

Balance sheet

What the bank holds and owes at quarter end

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Total assets	38,933,000	38,914,000	42,460,000	40,762,000
Total loans	22,860,000	22,036,000	21,501,000	21,022,000
Allowance for loan losses	306,000	315,000	338,000	413,000
Securities available for sale	8,505,000	8,683,000	8,717,000	10,160,000
Securities held to maturity	309,000	310,000	311,000	842,000
Trading assets	0	0	0	0
Total deposits	34,278,000	34,265,000	37,856,000	36,169,000
Interest-bearing deposits	28,159,000	26,534,000	29,600,000	29,465,000
Noninterest-bearing deposits	6,119,000	7,731,000	8,256,000	6,704,000
Equity capital	4,390,000	4,382,000	4,381,000	4,347,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Interest income	520,000	1,005,000	1,449,000	1,890,000
Interest expense	113,000	215,000	312,000	405,000
Net interest income	407,000	790,000	1,137,000	1,485,000
Noninterest income	41,000	73,000	142,000	180,000
Noninterest expense	371,000	728,000	1,111,000	1,446,000
Provision for loan losses	15,000	40,000	65,000	140,000
Pretax income	62,000	95,000	103,000	79,000
Income tax	21,000	27,000	21,000	3,000
Net income	41,000	68,000	82,000	76,000

Basel measures — not reported for every quarter

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Tier 1 capital	4,331,000	4,338,000	4,353,000	4,326,000
Total capital	4,637,000	4,622,000	4,653,000	4,616,000
Risk-weighted assets	24,377,000	22,701,000	23,965,000	23,073,000