Call reports 2010
MINNWEST BANK SOUTH — 2010
What MINNWEST BANK SOUTH reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 221,720,000 | 220,923,000 | 222,464,000 | 231,546,000 |
| Total loans | 153,796,000 | 142,767,000 | 136,548,000 | 134,383,000 |
| Allowance for loan losses | 1,714,000 | 1,978,000 | 1,992,000 | 2,513,000 |
| Securities available for sale | 26,310,000 | 35,445,000 | 42,198,000 | 39,811,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,329,000 | 188,357,000 | 189,492,000 | 199,699,000 |
| Interest-bearing deposits | 173,142,000 | 172,746,000 | 172,767,000 | 174,617,000 |
| Noninterest-bearing deposits | 15,187,000 | 15,611,000 | 16,724,000 | 25,082,000 |
| Equity capital | 17,592,000 | 16,991,000 | 17,375,000 | 16,690,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,538,000 | 4,990,000 | 7,377,000 | 9,584,000 |
| Interest expense | 892,000 | 1,770,000 | 2,627,000 | 3,427,000 |
| Net interest income | 1,646,000 | 3,220,000 | 4,750,000 | 6,157,000 |
| Noninterest income | 161,000 | -127,000 | -162,000 | -264,000 |
| Noninterest expense | 1,285,000 | 2,666,000 | 3,870,000 | 5,248,000 |
| Provision for loan losses | 525,000 | 1,475,000 | 1,575,000 | 2,925,000 |
| Pretax income | -3,000 | -1,048,000 | -857,000 | -2,280,000 |
| Income tax | -24,000 | -468,000 | -415,000 | -1,010,000 |
| Net income | 21,000 | -580,000 | -442,000 | -1,270,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,717,000 | 16,116,000 | 16,306,000 | 15,508,000 |
| Total capital | 18,431,000 | 18,094,000 | 18,246,000 | 17,406,000 |
| Risk-weighted assets | 169,937,000 | 159,545,000 | 155,129,000 | 151,215,000 |