Call reports 2014
MINERS NATIONAL BANK OF EVELETH, THE — 2014
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 57,554,000 | 55,312,000 | 60,488,000 | 60,280,000 |
| Total loans | 18,958,000 | 19,243,000 | 19,484,000 | 19,893,000 |
| Allowance for loan losses | 228,000 | 228,000 | 228,000 | 228,000 |
| Securities available for sale | 15,013,000 | 14,555,000 | 14,590,000 | 14,638,000 |
| Securities held to maturity | 2,361,000 | 2,344,000 | 2,306,000 | 2,259,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,033,000 | 49,736,000 | 54,819,000 | 54,577,000 |
| Interest-bearing deposits | 41,106,000 | 37,975,000 | 42,730,000 | 40,992,000 |
| Noninterest-bearing deposits | 10,927,000 | 11,761,000 | 12,089,000 | 13,585,000 |
| Equity capital | 4,970,000 | 5,034,000 | 5,110,000 | 5,149,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 415,000 | 832,000 | 1,229,000 | 1,656,000 |
| Interest expense | 38,000 | 77,000 | 118,000 | 159,000 |
| Net interest income | 377,000 | 755,000 | 1,111,000 | 1,497,000 |
| Noninterest income | 32,000 | 65,000 | 100,000 | 132,000 |
| Noninterest expense | 418,000 | 766,000 | 1,130,000 | 1,535,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -9,000 | 54,000 | 81,000 | 94,000 |
| Income tax | 0 | 15,000 | 22,000 | 3,000 |
| Net income | -9,000 | 39,000 | 59,000 | 91,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,996,000 | 5,024,000 | 5,044,000 | 5,056,000 |
| Total capital | 5,224,000 | 5,252,000 | 5,272,000 | 5,284,000 |
| Risk-weighted assets | 23,911,000 | 23,816,000 | 24,658,000 | 24,021,000 |