Call reports 2017
MINERS NATIONAL BANK OF EVELETH, THE — 2017
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 65,845,000 | 64,956,000 | 69,516,000 | 69,403,000 |
| Total loans | 22,742,000 | 24,135,000 | 25,460,000 | 26,644,000 |
| Allowance for loan losses | 225,000 | 225,000 | 223,000 | 243,000 |
| Securities available for sale | 23,301,000 | 23,372,000 | 22,061,000 | 21,105,000 |
| Securities held to maturity | 2,250,000 | 2,540,000 | 3,069,000 | 3,611,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,053,000 | 58,537,000 | 63,422,000 | 63,407,000 |
| Interest-bearing deposits | 45,478,000 | 46,249,000 | 49,896,000 | 49,949,000 |
| Noninterest-bearing deposits | 14,575,000 | 12,288,000 | 13,526,000 | 13,458,000 |
| Equity capital | 5,213,000 | 5,339,000 | 5,478,000 | 5,376,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 458,000 | 957,000 | 1,503,000 | 2,040,000 |
| Interest expense | 57,000 | 115,000 | 173,000 | 230,000 |
| Net interest income | 401,000 | 842,000 | 1,330,000 | 1,810,000 |
| Noninterest income | 30,000 | 64,000 | 111,000 | 148,000 |
| Noninterest expense | 366,000 | 770,000 | 1,144,000 | 1,587,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 66,000 | 137,000 | 298,000 | 352,000 |
| Income tax | 3,000 | 23,000 | 43,000 | 47,000 |
| Net income | 63,000 | 114,000 | 255,000 | 305,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,080,000 | 5,100,000 | 5,233,000 | 5,201,000 |
| Total capital | 5,305,000 | 5,325,000 | 5,456,000 | 5,444,000 |
| Risk-weighted assets | 26,836,000 | 28,397,000 | 28,967,000 | 30,469,000 |