Call reports 2013
MINNWEST BANK SOUTH — 2013
What MINNWEST BANK SOUTH reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 222,479,000 | 203,816,000 | 200,863,000 | 216,964,000 |
| Total loans | 142,202,000 | 148,596,000 | 154,318,000 | 165,970,000 |
| Allowance for loan losses | 2,425,000 | 2,584,000 | 2,902,000 | 2,491,000 |
| Securities available for sale | 24,703,000 | 22,153,000 | 20,076,000 | 16,152,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 187,204,000 | 171,400,000 | 168,429,000 | 183,575,000 |
| Interest-bearing deposits | 161,666,000 | 148,106,000 | 140,255,000 | 139,522,000 |
| Noninterest-bearing deposits | 25,538,000 | 23,294,000 | 28,174,000 | 44,053,000 |
| Equity capital | 21,489,000 | 21,779,000 | 21,904,000 | 22,211,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,919,000 | 3,814,000 | 5,736,000 | 7,727,000 |
| Interest expense | 236,000 | 421,000 | 592,000 | 757,000 |
| Net interest income | 1,683,000 | 3,393,000 | 5,144,000 | 6,970,000 |
| Noninterest income | 178,000 | 425,000 | 642,000 | 800,000 |
| Noninterest expense | 1,084,000 | 2,514,000 | 3,812,000 | 5,259,000 |
| Provision for loan losses | 0 | 0 | 0 | -515,000 |
| Pretax income | 777,000 | 1,304,000 | 1,974,000 | 3,026,000 |
| Income tax | 286,000 | 477,000 | 725,000 | 1,128,000 |
| Net income | 491,000 | 827,000 | 1,249,000 | 1,898,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,662,000 | 20,997,000 | 21,120,000 | 21,469,000 |
| Total capital | 22,553,000 | 22,966,000 | 23,136,000 | 23,620,000 |
| Risk-weighted assets | 150,726,000 | 156,868,000 | 160,423,000 | 171,750,000 |