Call reports 2024
MINERS NATIONAL BANK OF EVELETH, THE — 2024
What MINERS NATIONAL BANK OF EVELETH, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 89,429,000 | 86,537,000 | 93,769,000 | 94,345,000 |
| Total loans | 64,959,000 | 65,485,000 | 66,023,000 | 65,703,000 |
| Allowance for loan losses | 677,000 | 677,000 | 700,000 | 700,000 |
| Securities available for sale | 10,987,000 | 10,848,000 | 10,252,000 | 9,190,000 |
| Securities held to maturity | 2,523,000 | 2,439,000 | 2,367,000 | 2,267,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,751,000 | 75,475,000 | 82,711,000 | 83,303,000 |
| Interest-bearing deposits | 61,656,000 | 58,608,000 | 64,513,000 | 64,858,000 |
| Noninterest-bearing deposits | 19,095,000 | 16,867,000 | 18,198,000 | 18,445,000 |
| Equity capital | 7,761,000 | 7,982,000 | 8,347,000 | 8,399,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,063,000 | 2,192,000 | 3,375,000 | 4,603,000 |
| Interest expense | 172,000 | 418,000 | 666,000 | 971,000 |
| Net interest income | 891,000 | 1,774,000 | 2,709,000 | 3,632,000 |
| Noninterest income | 37,000 | 64,000 | 90,000 | 98,000 |
| Noninterest expense | 617,000 | 1,240,000 | 1,890,000 | 2,715,000 |
| Provision for loan losses | 0 | 0 | 23,000 | 23,000 |
| Pretax income | 311,000 | 598,000 | 886,000 | 992,000 |
| Income tax | 96,000 | 171,000 | 231,000 | 242,000 |
| Net income | 215,000 | 427,000 | 655,000 | 750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,107,000 | 8,299,000 | 8,527,000 | 8,602,000 |
| Total capital | 8,678,000 | 8,881,000 | 9,112,000 | 9,169,000 |
| Risk-weighted assets | 45,581,000 | 46,484,000 | 46,700,000 | 45,238,000 |