Call reports 2023
DAKOTA WESTERN BANK — 2023
What DAKOTA WESTERN BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 347,369,000 | 356,833,000 | 376,859,000 | 399,567,000 |
| Total loans | 221,679,000 | 239,480,000 | 240,140,000 | 243,584,000 |
| Allowance for loan losses | 4,755,000 | 4,704,000 | 4,683,000 | 4,766,000 |
| Securities available for sale | 98,059,000 | 94,155,000 | 88,514,000 | 95,284,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 298,275,000 | 302,249,000 | 324,993,000 | 341,095,000 |
| Interest-bearing deposits | 229,165,000 | 235,127,000 | 255,155,000 | 267,722,000 |
| Noninterest-bearing deposits | 69,110,000 | 67,122,000 | 69,838,000 | 73,373,000 |
| Equity capital | 27,701,000 | 26,495,000 | 23,962,000 | 29,169,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,491,000 | 7,470,000 | 11,796,000 | 16,681,000 |
| Interest expense | 833,000 | 2,145,000 | 3,983,000 | 6,207,000 |
| Net interest income | 2,658,000 | 5,325,000 | 7,813,000 | 10,474,000 |
| Noninterest income | 171,000 | 371,000 | 546,000 | 727,000 |
| Noninterest expense | 1,635,000 | 3,174,000 | 4,796,000 | 6,373,000 |
| Provision for loan losses | 0 | 0 | 0 | 187,000 |
| Pretax income | 1,199,000 | 2,538,000 | 3,581,000 | 4,608,000 |
| Income tax | 0 | 10,000 | 15,000 | 20,000 |
| Net income | 1,199,000 | 2,528,000 | 3,566,000 | 4,588,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,609,000 | 38,139,000 | 38,648,000 | 39,266,000 |
| Total capital | 40,881,000 | 41,687,000 | 42,160,000 | 42,848,000 |
| Risk-weighted assets | 260,343,000 | 282,709,000 | 279,815,000 | 285,370,000 |