Call reports 2008
MINNWEST BANK METRO — 2008
What MINNWEST BANK METRO reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 195,761,000 | 249,814,000 | 295,607,000 | 296,585,000 |
| Total loans | 163,834,000 | 216,611,000 | 236,922,000 | 248,359,000 |
| Allowance for loan losses | 1,134,000 | 1,768,000 | 1,764,000 | 2,678,000 |
| Securities available for sale | 16,156,000 | 18,815,000 | 18,462,000 | 22,364,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,512,000 | 191,663,000 | 234,990,000 | 224,602,000 |
| Interest-bearing deposits | 142,487,000 | 180,146,000 | 220,358,000 | 211,404,000 |
| Noninterest-bearing deposits | 14,025,000 | 11,517,000 | 14,632,000 | 13,198,000 |
| Equity capital | 20,346,000 | 25,582,000 | 28,281,000 | 28,775,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,238,000 | 6,776,000 | 10,988,000 | 15,015,000 |
| Interest expense | 1,447,000 | 2,992,000 | 4,798,000 | 6,814,000 |
| Net interest income | 1,791,000 | 3,784,000 | 6,190,000 | 8,201,000 |
| Noninterest income | 63,000 | 133,000 | 209,000 | 150,000 |
| Noninterest expense | 1,546,000 | 3,139,000 | 5,206,000 | 7,361,000 |
| Provision for loan losses | 250,000 | 555,000 | 1,635,000 | 2,960,000 |
| Pretax income | 73,000 | 238,000 | -427,000 | -1,955,000 |
| Income tax | 27,000 | 113,000 | -184,000 | -796,000 |
| Net income | 46,000 | 125,000 | -243,000 | -1,159,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,896,000 | 22,346,000 | 25,009,000 | 25,421,000 |
| Total capital | 18,030,000 | 24,114,000 | 26,773,000 | 28,099,000 |
| Risk-weighted assets | 173,738,000 | 226,348,000 | 253,932,000 | 259,532,000 |