Call reports 2004
MINERS NATIONAL BANK OF EVELETH, THE — 2004
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 40,593,000 | 39,479,000 | 41,740,000 | 41,198,000 |
| Total loans | 21,521,000 | 22,327,000 | 23,194,000 | 21,349,000 |
| Allowance for loan losses | 398,000 | 398,000 | 363,000 | 293,000 |
| Securities available for sale | 10,274,000 | 10,330,000 | 10,012,000 | 11,461,000 |
| Securities held to maturity | 809,000 | 806,000 | 804,000 | 801,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,060,000 | 34,980,000 | 37,116,000 | 36,561,000 |
| Interest-bearing deposits | 29,171,000 | 27,250,000 | 28,553,000 | 29,229,000 |
| Noninterest-bearing deposits | 6,889,000 | 7,730,000 | 8,563,000 | 7,332,000 |
| Equity capital | 4,327,000 | 4,272,000 | 4,361,000 | 4,360,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 443,000 | 880,000 | 1,372,000 | 1,859,000 |
| Interest expense | 89,000 | 170,000 | 249,000 | 329,000 |
| Net interest income | 354,000 | 710,000 | 1,123,000 | 1,530,000 |
| Noninterest income | 31,000 | 76,000 | 119,000 | 157,000 |
| Noninterest expense | 409,000 | 756,000 | 1,123,000 | 1,513,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -24,000 | 30,000 | 119,000 | 173,000 |
| Income tax | 3,000 | 14,000 | 34,000 | 31,000 |
| Net income | -27,000 | 16,000 | 85,000 | 142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,299,000 | 4,322,000 | 4,391,000 | 4,427,000 |
| Total capital | 4,590,000 | 4,589,000 | 4,669,000 | 4,690,000 |
| Risk-weighted assets | 23,186,000 | 21,266,000 | 22,146,000 | 21,017,000 |