Call reports 2022
MINERS NATIONAL BANK OF EVELETH, THE — 2022
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 89,103,000 | 88,195,000 | 88,749,000 | 91,913,000 |
| Total loans | 54,345,000 | 57,615,000 | 60,022,000 | 62,052,000 |
| Allowance for loan losses | 487,000 | 497,000 | 520,000 | 556,000 |
| Securities available for sale | 12,148,000 | 12,606,000 | 12,771,000 | 12,587,000 |
| Securities held to maturity | 2,761,000 | 2,626,000 | 2,571,000 | 3,085,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,008,000 | 81,125,000 | 81,735,000 | 84,647,000 |
| Interest-bearing deposits | 62,346,000 | 59,712,000 | 61,370,000 | 63,226,000 |
| Noninterest-bearing deposits | 19,662,000 | 21,413,000 | 20,365,000 | 21,421,000 |
| Equity capital | 6,506,000 | 6,482,000 | 6,416,000 | 6,622,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 730,000 | 1,524,000 | 2,474,000 | 3,423,000 |
| Interest expense | 57,000 | 113,000 | 172,000 | 233,000 |
| Net interest income | 673,000 | 1,411,000 | 2,302,000 | 3,190,000 |
| Noninterest income | 51,000 | 100,000 | 152,000 | 202,000 |
| Noninterest expense | 679,000 | 1,253,000 | 1,907,000 | 2,641,000 |
| Provision for loan losses | 0 | 10,000 | 33,000 | 69,000 |
| Pretax income | 45,000 | 248,000 | 514,000 | 682,000 |
| Income tax | -22,000 | 75,000 | 139,000 | 135,000 |
| Net income | 67,000 | 173,000 | 375,000 | 547,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,648,000 | 6,826,000 | 7,008,000 | 7,159,000 |
| Total capital | 7,135,000 | 7,323,000 | 7,528,000 | 7,715,000 |
| Risk-weighted assets | 40,479,000 | 42,900,000 | 43,703,000 | 45,109,000 |