Call reports 2018
MINERS NATIONAL BANK OF EVELETH, THE — 2018
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 68,745,000 | 65,228,000 | 69,285,000 | 67,986,000 |
| Total loans | 25,549,000 | 27,819,000 | 28,732,000 | 29,668,000 |
| Allowance for loan losses | 243,000 | 243,000 | 243,000 | 243,000 |
| Securities available for sale | 21,926,000 | 19,267,000 | 19,210,000 | 19,139,000 |
| Securities held to maturity | 3,572,000 | 3,510,000 | 3,479,000 | 3,501,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,798,000 | 59,311,000 | 63,281,000 | 61,847,000 |
| Interest-bearing deposits | 48,006,000 | 46,794,000 | 49,755,000 | 49,405,000 |
| Noninterest-bearing deposits | 14,792,000 | 12,517,000 | 13,526,000 | 12,442,000 |
| Equity capital | 5,350,000 | 5,324,000 | 5,387,000 | 5,535,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 528,000 | 1,073,000 | 1,705,000 | 2,328,000 |
| Interest expense | 58,000 | 115,000 | 173,000 | 230,000 |
| Net interest income | 470,000 | 958,000 | 1,532,000 | 2,098,000 |
| Noninterest income | 34,000 | 71,000 | 112,000 | 168,000 |
| Noninterest expense | 422,000 | 940,000 | 1,405,000 | 1,957,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 82,000 | 89,000 | 238,000 | 308,000 |
| Income tax | 9,000 | 23,000 | 37,000 | 34,000 |
| Net income | 73,000 | 66,000 | 201,000 | 274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,211,000 | 5,166,000 | 5,267,000 | 5,308,000 |
| Total capital | 5,454,000 | 5,409,000 | 5,510,000 | 5,551,000 |
| Risk-weighted assets | 29,943,000 | 31,102,000 | 31,528,000 | 29,932,000 |