Call reports 2024
DAKOTA WESTERN BANK — 2024
What DAKOTA WESTERN BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 376,768,000 | 391,954,000 | 397,531,000 | 400,433,000 |
| Total loans | 246,298,000 | 261,052,000 | 258,353,000 | 246,493,000 |
| Allowance for loan losses | 4,664,000 | 4,853,000 | 4,860,000 | 4,851,000 |
| Securities available for sale | 97,099,000 | 91,392,000 | 95,007,000 | 97,848,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 325,258,000 | 342,715,000 | 353,019,000 | 358,261,000 |
| Interest-bearing deposits | 259,064,000 | 269,529,000 | 282,938,000 | 302,123,000 |
| Noninterest-bearing deposits | 66,194,000 | 73,186,000 | 70,081,000 | 56,138,000 |
| Equity capital | 29,358,000 | 29,582,000 | 33,568,000 | 32,055,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,795,000 | 9,876,000 | 15,254,000 | 20,957,000 |
| Interest expense | 2,034,000 | 4,221,000 | 6,613,000 | 8,965,000 |
| Net interest income | 2,761,000 | 5,655,000 | 8,641,000 | 11,992,000 |
| Noninterest income | 170,000 | 345,000 | 523,000 | 698,000 |
| Noninterest expense | 1,616,000 | 3,219,000 | 4,841,000 | 6,591,000 |
| Provision for loan losses | -83,000 | 119,000 | 106,000 | 48,000 |
| Pretax income | 1,318,000 | 2,373,000 | 3,917,000 | 5,623,000 |
| Income tax | 5,000 | 10,000 | 15,000 | 20,000 |
| Net income | 1,313,000 | 2,363,000 | 3,902,000 | 5,603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,078,000 | 40,329,000 | 41,363,000 | 42,310,000 |
| Total capital | 43,707,000 | 44,096,000 | 45,096,000 | 45,887,000 |
| Risk-weighted assets | 289,188,000 | 300,314,000 | 297,523,000 | 284,799,000 |