Call reports 2016
MINERS NATIONAL BANK OF EVELETH, THE — 2016
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 58,611,000 | 58,918,000 | 64,750,000 | 63,695,000 |
| Total loans | 21,085,000 | 20,902,000 | 20,612,000 | 21,603,000 |
| Allowance for loan losses | 218,000 | 223,000 | 225,000 | 225,000 |
| Securities available for sale | 17,511,000 | 20,688,000 | 20,938,000 | 22,331,000 |
| Securities held to maturity | 2,109,000 | 2,063,000 | 2,044,000 | 1,993,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,778,000 | 53,063,000 | 58,840,000 | 58,041,000 |
| Interest-bearing deposits | 40,811,000 | 40,738,000 | 45,665,000 | 45,660,000 |
| Noninterest-bearing deposits | 11,967,000 | 12,325,000 | 13,175,000 | 12,381,000 |
| Equity capital | 5,237,000 | 5,268,000 | 5,314,000 | 5,067,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 412,000 | 837,000 | 1,277,000 | 1,738,000 |
| Interest expense | 41,000 | 84,000 | 129,000 | 184,000 |
| Net interest income | 371,000 | 753,000 | 1,148,000 | 1,554,000 |
| Noninterest income | 30,000 | 61,000 | 90,000 | 125,000 |
| Noninterest expense | 401,000 | 813,000 | 1,196,000 | 1,620,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,000 | 3,000 | 44,000 | 59,000 |
| Income tax | -6,000 | -4,000 | -6,000 | -25,000 |
| Net income | 7,000 | 7,000 | 50,000 | 84,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,103,000 | 5,044,000 | 5,058,000 | 5,032,000 |
| Total capital | 5,321,000 | 5,267,000 | 5,283,000 | 5,257,000 |
| Risk-weighted assets | 24,547,000 | 24,862,000 | 25,077,000 | 25,805,000 |