Call reports 2019
MINERS NATIONAL BANK OF EVELETH, THE — 2019
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 66,628,000 | 66,705,000 | 70,010,000 | 69,662,000 |
| Total loans | 29,937,000 | 30,401,000 | 30,103,000 | 33,328,000 |
| Allowance for loan losses | 243,000 | 243,000 | 243,000 | 278,000 |
| Securities available for sale | 16,206,000 | 16,630,000 | 13,369,000 | 12,693,000 |
| Securities held to maturity | 3,340,000 | 4,210,000 | 3,916,000 | 3,728,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,241,000 | 60,156,000 | 63,247,000 | 62,754,000 |
| Interest-bearing deposits | 47,921,000 | 45,632,000 | 49,724,000 | 48,504,000 |
| Noninterest-bearing deposits | 12,320,000 | 14,524,000 | 13,523,000 | 14,250,000 |
| Equity capital | 5,768,000 | 5,949,000 | 6,136,000 | 6,074,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 648,000 | 1,321,000 | 2,060,000 | 2,720,000 |
| Interest expense | 55,000 | 109,000 | 166,000 | 224,000 |
| Net interest income | 593,000 | 1,212,000 | 1,894,000 | 2,496,000 |
| Noninterest income | 34,000 | 75,000 | 114,000 | 173,000 |
| Noninterest expense | 505,000 | 973,000 | 1,465,000 | 2,194,000 |
| Provision for loan losses | 0 | 0 | 0 | 35,000 |
| Pretax income | 122,000 | 306,000 | 535,000 | 432,000 |
| Income tax | -10,000 | 62,000 | 104,000 | 42,000 |
| Net income | 132,000 | 244,000 | 431,000 | 390,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,399,000 | 5,485,000 | 5,673,000 | 5,556,000 |
| Total capital | 5,642,000 | 5,728,000 | 5,916,000 | 5,834,000 |
| Risk-weighted assets | 29,706,000 | 30,260,000 | 29,038,000 | 31,118,000 |