Call reports 2007
MINERS NATIONAL BANK OF EVELETH, THE — 2007
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 42,875,000 | 42,918,000 | 45,359,000 | 44,905,000 |
| Total loans | 19,133,000 | 19,021,000 | 17,867,000 | 17,427,000 |
| Allowance for loan losses | 296,000 | 289,000 | 289,000 | 275,000 |
| Securities available for sale | 17,913,000 | 19,307,000 | 18,720,000 | 22,933,000 |
| Securities held to maturity | 81,000 | 82,000 | 83,000 | 84,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,890,000 | 37,845,000 | 40,160,000 | 39,683,000 |
| Interest-bearing deposits | 31,178,000 | 30,079,000 | 32,817,000 | 32,975,000 |
| Noninterest-bearing deposits | 6,712,000 | 7,766,000 | 7,343,000 | 6,708,000 |
| Equity capital | 4,632,000 | 4,643,000 | 4,713,000 | 4,763,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 646,000 | 1,357,000 | 2,008,000 | 2,671,000 |
| Interest expense | 233,000 | 473,000 | 723,000 | 982,000 |
| Net interest income | 413,000 | 884,000 | 1,285,000 | 1,689,000 |
| Noninterest income | 42,000 | 82,000 | 116,000 | 151,000 |
| Noninterest expense | 396,000 | 778,000 | 1,159,000 | 1,589,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 59,000 | 187,000 | 241,000 | 250,000 |
| Income tax | 26,000 | 72,000 | 94,000 | 82,000 |
| Net income | 33,000 | 115,000 | 147,000 | 168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,650,000 | 4,711,000 | 4,743,000 | 4,744,000 |
| Total capital | 4,928,000 | 4,986,000 | 5,012,000 | 5,014,000 |
| Risk-weighted assets | 22,192,000 | 21,946,000 | 21,523,000 | 21,592,000 |