Miners Exchange Bank

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Deposit Rates - May 8, 2021

SAVINGS RATES APY MIN MAX
Savings
0.10% $1 - Compare
CD RATES APY MIN MAX
6 Mo CD
0.40% $1,000 - Compare
12 Mo CD
0.50% $1,000 - Compare
24 Mo CD
0.90% $500 - Compare
30 Mo CD
0.95% $500 - Compare
60 Mo CD
1.10% $500 - Compare
MM RATES APY MIN MAX
Money Market
0.15% $2,500 - Compare
INT CHECKING RATES APY MIN MAX
Int Ckg
0.05% $1 -

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 23989
Date Established 1982
Assets $ 90.16 million
Loans $ 51.11 million
Deposits $ 77.24 million
Capital $ 11.51 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 10.77 million
Interest-bearing balances $ 5.22 million
Total securities $ 10.95 million
Federal funds sold and reverse repurchase $ 11.88 million
Net loans and leases $ 51.11 million
Loan loss allowance $ 0.53 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.81 million
Goodwill and other intangibles N.A.
All other assets $ 2.42 million
     Total Assets $ 78.64 million

LIABILITIES
Total deposits $ 77.24 million
      Interest-bearing deposits $ 35.57 million
      Deposits held in domestic offices $ 77.24 million
      % insured (estimated) 89.11%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.40 millionn
      Total Liabilities $ 78.64 million
      Shareholders’ Equity $ 11.51 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 4.10 million
Total Interest Expense $ 0.25 million
Net interest income $ 3.85 million
Provision for loan and lease losses $ 0.07 million
Total non interest income $ 0.56 million
Total non interest expense $ 4.08 million
Pre-tax Net Operating Income $ 0.25 million

Miners Exchange Bank is an FDIC insured institution headquartered at 483 Front Street, Coeburn, VA 24230.
It was founded in 1982 and has approximately $0 billion in assets. Customers can open an account at one of its 7 branches.