Miyazaki Bank : Financial Statements（125KB）

Financial Statements

TheMIYAZAKIConsolidatedBANKFinancial'14 StatementsINFORMATIONincluded in this report were prepared based on the Consolidated Financial Statements audited by Deloitte Touche Tohmatsu LLC pursuant to the provisions of Article 396, Paragraph 1 of the Companies Act and Article 193-2, Paragraph 1 of the Financial Instruments and Exchange Act.

Non-Consolidated Balance Sheet

(Assets)	Millions of Japanese Yen		Thousands of
				U.S. Dollars
	FY 2021	FY 2022		FY 2022
Cash and due from banks	720,599	1,189,707		9,720,623
Cash	35,348	39,163		319,985
Due from banks	685,251	1,150,543		9,400,629
Call loans	－	1,012	8,269
Monetary claims bought	11	－		－
Money held in trust	14,000	11,000		89,877
Securities	700,000	715,797		5,848,493
Government bonds	115,708	76,473		624,830
Local government bonds	279,706	307,591		2,513,204
Corporate bonds	73,952	76,761		627,184
Stocks	52,830	76,181		622,445
Other securities	177,802	178,790		1,460,822
Loans and bills discounted	2,157,703	2,263,593		18,494,918
Bills discounted	3,119	3,592		29,349
Loans on bills	34,306	33,343		272,432
Loans on deeds	1,890,537	1,982,581		16,198,881
Overdrafts	229,740	244,076		1,994,248
Foreign exchanges	1,794	2,416		19,740
Due from foreign banks (our accounts)	1,752	2,366		19,332
Foreign bills bought	－	0		0
Foreign exchange receivable	42	49		400
Other assets	23,194	23,737		193,946
Prepaid expenses	47	60		490
Accrued revenue	2,271	2,568		20,982
Financial derivatives	51	57		466
Other	20,823	21,050		171,991
Property, plant and equip	22,980	22,495		183,798
Buildings	7,738	7,542		61,623
Land	13,401	13,327		108,890
Lease assets	590	513		4,192
Other	1,250	1,111		9,078
Intangible assets	4,555	4,346		35,509
Software	4,491	4,281		34,978
Other	64	64		523
Prepaid pension cost	－	240		1,961
Deferred tax assets	3,095	5,433		44,391
Customers' liabilities for acceptances and guarantees	5,177	4,940		40,363
Allowance for loan losses	(8,979)	(12,271)		(100,261)
Total assets	3,644,134	4,232,450		34,581,665

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(Liabilities and Net Assets)

Millions of Japanese Yen	Thousands of
U.S. Dollars

	FY 2021	FY 2022		FY 2022
Liabilities:
Deposits	2,803,722	2,952,975		24,127,584
Current deposits	56,384	63,104		515,598
Ordinary deposits	1,921,350	2,097,927		17,141,327
Savings deposits	16,046	16,048		131,122
Deposits at notice	214	141		1,152
Time deposits	722,995	728,229		5,950,069
Installment savings	1,067	1,125		9,192
Other deposits	85,662	46,397		379,091
Negotiable certificates of deposit	16,374	45,065		368,208
Call money	245,849	326,871		2,670,733
Cash collateral received for securities lent	138,240	119,274		974,540
Borrowed money	264,544	614,193		5,018,327
Borrowings from other banks	264,544	614,193		5,018,327
Foreign exchanges	60	99		809
Foreign bills sold	50	43		351
Foreign bills payable	9	56		458
Other liabilities	7,825	8,947		73,102
Domestic exchange settlement account, credit	19	34		278
Income taxes payable	2,039	1,721		14,062
Accrued expenses	1,009	930		7,599
Unearned revenue	1,784	2,293		18,735
Reserve for interest on installment savings	1	1		8
Financial derivatives	814	1,947		15,908
Lease liabilities	651	572		4,674
Asset retirement obligations	139	141		1,152
Other	1,364	1,303		10,646
Provision for bonuses for directors (and other officers)	35	35		286
Provision for retirement benefits	3,861	1,937		15,826
Provision for reimbursement of deposits	194	284		2,320
Provision for contingent loss	147	135		1,103
Deferred tax liabilities for land revaluation	2,185	2,176		17,779
Acceptances and guarantees	5,177	4,940		40,363
Total liabilities	3,488,218	4,076,936	33,311,022
Net assets:
Share capital	14,697	14,697		120,083
Capital surplus	8,773	8,772		71,673
Legal capital surplus	8,771	8,771		71,664
Other capital surplus	1	0		0
Retained earnings	122,149	127,081		1,038,328
Legal retained earnings	6,473	6,473		52,888
Other retained earnings	115,675	120,607		985,432
General reserve	107,401	113,001		923,286
Retained earnings brought forward	8,274	7,606		62,146
Treasury shares	(1,191)	(1,191)		(9,731)
Total shareholders' equity	144,429	149,359		1,220,353
Valuation difference on available-for-sale securities	8,504	3,143		25,680
Revaluation reserve for land	2,790	2,773		22,657
Total valuation and translation adjustments	11,294	5,917		48,345
Share acquisition rights	191	236		1,928
Total net assets	155,915	155,513		1,270,635
Total liabilities and net assets	3,644,134	4,232,450		34,581,665

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Non-Consolidated Statement of Income and Retained Earnings

Millions of Japanese Yen	Thousands of
U.S. Dollars

		FY 2021	FY 2022		FY 2022
Ordinary income	47,157	55,724		455,299
Interest income	34,761	37,828		309,078
Interest on loans and discounts	26,736	27,205		222,281
Interest and dividends on securities	7,872	9,670		79,010
Interest on call loans	4	1		8
Interest on deposits with banks	2	1		8
Other interest income	145	949		7,754
Fees and commissions	8,732	9,545		77,988
Fees and commissions on domestic and foreign exchanges	2,183	1,952		15,949
Other fees and commissions	6,548	7,593		62,039
Other ordinary income	568	421		3,440
Gain on foreign exchange transactions	211	211		1,724
Net gain on trading securities transactions	0	0		0
Gain on sale of bonds	294	210	1,716
Gain on financial derivatives	61	－		－
Other income	3,096	7,928		64,777
Recoveries of written off receivables	59	58		474
Gain on sale of equity securities	2,127	6,819	55,715
Gain on money held in trust	263	－		－
Other	645	1,049		8,571
Ordinary expenses	36,139	45,164		369,017
Interest expenses	707	589		4,812
Interest on deposits	163	109		891
Interest on negotiable certificates of deposit	6	1		8
Interest on call money	25	1		8
Interest expenses on cash collateral received for	133	140	1,144
securities lent
Interest on borrowings and rediscounts	6	4		33
Interest expenses on interest rate swaps	341	299		2,443
Other interest expenses	31	31		253
Fees and commissions payments	5,132	5,270		43,059
Fees and commissions on domestic and foreign exchanges	412	305		2,492
Other fees and commissions	4,719	4,965		40,567
Other ordinary expenses	2,241	4,226		34,529
Loss on sale of bonds	983	1,380		11,275
Loss on redemption of bonds	1,257	2,793		22,820
Loss on devaluation of bonds	－	18		147
Loss on financial derivatives	－	35		286
General and administrative expenses	25,417	24,947		203,832
Other expenses	2,641	10,129		82,760
Provision of allowance for loan losses	1,530	4,400		35,951
Written-off of loans	290	409		3,342
Loss on sale of equity securities	253	4,633		37,854
Loss on devaluation of equity securities	440	240		1,961
Loss on money held in trust	－	230		1,879
Other	125	214		1,749
Ordinary profit	11,017	10,559		86,273
Extraordinary income	0	11		90
Gain on disposal of non-current assets	0	11		90
Extraordinary losses	4	72		588
Loss on disposal of non-current assets	4	52		425
Impairment losses	－	20		163
Profit before income taxes	11,014	10,499		85,783
Income taxes - current	3,762	4,224		34,513
Income taxes - deferred	(7)	(365)		(2,982)
Total income taxes	3,754	3,859		31,530
Profit		7,259	6,639		54,245

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