Call reports 2023
MINERS NATIONAL BANK OF EVELETH, THE — 2023
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 86,484,000 | 87,741,000 | 91,389,000 | 91,372,000 |
| Total loans | 63,778,000 | 64,088,000 | 64,971,000 | 65,577,000 |
| Allowance for loan losses | 528,000 | 614,000 | 677,000 | 677,000 |
| Securities available for sale | 11,916,000 | 11,400,000 | 11,181,000 | 11,245,000 |
| Securities held to maturity | 2,896,000 | 2,801,000 | 2,745,000 | 2,645,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,229,000 | 76,509,000 | 79,959,000 | 83,010,000 |
| Interest-bearing deposits | 59,460,000 | 57,678,000 | 61,288,000 | 64,116,000 |
| Noninterest-bearing deposits | 18,769,000 | 18,831,000 | 18,671,000 | 18,894,000 |
| Equity capital | 6,888,000 | 7,037,000 | 7,164,000 | 7,537,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 962,000 | 1,978,000 | 3,039,000 | 4,185,000 |
| Interest expense | 66,000 | 166,000 | 361,000 | 551,000 |
| Net interest income | 896,000 | 1,812,000 | 2,678,000 | 3,634,000 |
| Noninterest income | 40,000 | 73,000 | 118,000 | 163,000 |
| Noninterest expense | 675,000 | 1,272,000 | 1,888,000 | 2,619,000 |
| Provision for loan losses | 5,000 | 70,000 | 133,000 | 133,000 |
| Pretax income | 256,000 | 543,000 | 775,000 | 1,045,000 |
| Income tax | 75,000 | 139,000 | 186,000 | 271,000 |
| Net income | 181,000 | 404,000 | 589,000 | 774,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,340,000 | 7,543,000 | 7,728,000 | 7,892,000 |
| Total capital | 7,868,000 | 8,127,000 | 8,318,000 | 8,470,000 |
| Risk-weighted assets | 46,055,000 | 46,660,000 | 47,135,000 | 46,167,000 |