Call reports 2006
MINERS NATIONAL BANK OF EVELETH, THE — 2006
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 42,111,000 | 41,682,000 | 43,359,000 | 44,219,000 |
| Total loans | 20,178,000 | 19,889,000 | 19,803,000 | 19,517,000 |
| Allowance for loan losses | 314,000 | 298,000 | 296,000 | 296,000 |
| Securities available for sale | 15,125,000 | 16,046,000 | 15,770,000 | 17,602,000 |
| Securities held to maturity | 131,000 | 132,000 | 78,000 | 79,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,317,000 | 36,789,000 | 38,376,000 | 39,256,000 |
| Interest-bearing deposits | 30,284,000 | 29,421,000 | 31,092,000 | 32,434,000 |
| Noninterest-bearing deposits | 7,032,000 | 7,368,000 | 7,284,000 | 6,822,000 |
| Equity capital | 4,465,000 | 4,424,000 | 4,584,000 | 4,584,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 562,000 | 1,162,000 | 1,753,000 | 2,396,000 |
| Interest expense | 146,000 | 328,000 | 506,000 | 722,000 |
| Net interest income | 416,000 | 834,000 | 1,247,000 | 1,674,000 |
| Noninterest income | 41,000 | 82,000 | 119,000 | 165,000 |
| Noninterest expense | 378,000 | 799,000 | 1,177,000 | 1,627,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 79,000 | 117,000 | 189,000 | 214,000 |
| Income tax | 23,000 | 32,000 | 57,000 | 68,000 |
| Net income | 56,000 | 85,000 | 132,000 | 146,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,568,000 | 4,577,000 | 4,624,000 | 4,617,000 |
| Total capital | 4,831,000 | 4,844,000 | 4,899,000 | 4,904,000 |
| Risk-weighted assets | 21,015,000 | 21,339,000 | 21,956,000 | 22,935,000 |