Call reports 2021
MINERS NATIONAL BANK OF EVELETH, THE — 2021
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 82,146,000 | 83,031,000 | 85,867,000 | 91,425,000 |
| Total loans | 45,829,000 | 48,150,000 | 50,742,000 | 52,361,000 |
| Allowance for loan losses | 424,000 | 444,000 | 474,000 | 487,000 |
| Securities available for sale | 9,126,000 | 8,714,000 | 8,384,000 | 8,664,000 |
| Securities held to maturity | 3,524,000 | 3,241,000 | 3,194,000 | 2,992,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,727,000 | 75,555,000 | 78,383,000 | 84,097,000 |
| Interest-bearing deposits | 56,191,000 | 55,590,000 | 57,967,000 | 63,909,000 |
| Noninterest-bearing deposits | 18,536,000 | 19,965,000 | 20,416,000 | 20,188,000 |
| Equity capital | 6,745,000 | 6,821,000 | 6,862,000 | 6,722,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 834,000 | 1,668,000 | 2,521,000 | 3,368,000 |
| Interest expense | 58,000 | 117,000 | 174,000 | 232,000 |
| Net interest income | 776,000 | 1,551,000 | 2,347,000 | 3,136,000 |
| Noninterest income | 31,000 | 72,000 | 153,000 | 206,000 |
| Noninterest expense | 543,000 | 1,250,000 | 1,989,000 | 2,952,000 |
| Provision for loan losses | 23,000 | 43,000 | 73,000 | 86,000 |
| Pretax income | 241,000 | 330,000 | 438,000 | 304,000 |
| Income tax | 54,000 | 48,000 | 76,000 | 20,000 |
| Net income | 187,000 | 282,000 | 362,000 | 284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,597,000 | 6,682,000 | 6,752,000 | 6,625,000 |
| Total capital | — | 7,126,000 | 7,226,000 | 7,112,000 |
| Risk-weighted assets | — | 38,672,000 | 37,855,000 | 39,032,000 |