Call reports 2003
MINNWEST BANK CENTRAL — 2003
What MINNWEST BANK CENTRAL reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 160,880,000 | 169,637,000 | 177,708,000 | 181,357,000 |
| Total loans | 130,965,000 | 145,209,000 | 151,591,000 | 152,360,000 |
| Allowance for loan losses | 2,129,000 | 2,169,000 | 1,899,000 | 1,930,000 |
| Securities available for sale | 17,380,000 | 15,019,000 | 13,074,000 | 12,228,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,818,000 | 139,512,000 | 138,639,000 | 150,654,000 |
| Interest-bearing deposits | 119,625,000 | 126,281,000 | 124,358,000 | 134,952,000 |
| Noninterest-bearing deposits | 14,193,000 | 13,231,000 | 14,281,000 | 15,702,000 |
| Equity capital | 14,322,000 | 14,780,000 | 14,854,000 | 15,348,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,400,000 | 4,934,000 | 7,550,000 | 10,334,000 |
| Interest expense | 899,000 | 1,783,000 | 2,641,000 | 3,505,000 |
| Net interest income | 1,501,000 | 3,151,000 | 4,909,000 | 6,829,000 |
| Noninterest income | 181,000 | 351,000 | 526,000 | 896,000 |
| Noninterest expense | 998,000 | 1,998,000 | 2,997,000 | 4,380,000 |
| Provision for loan losses | 54,000 | 108,000 | 1,835,000 | 1,912,000 |
| Pretax income | 630,000 | 1,396,000 | 603,000 | 1,444,000 |
| Income tax | 233,000 | 521,000 | 159,000 | 509,000 |
| Net income | 397,000 | 875,000 | 444,000 | 935,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,865,000 | 14,356,000 | 14,438,000 | 14,707,000 |
| Total capital | 15,520,000 | 16,172,000 | 16,337,000 | 16,617,000 |
| Risk-weighted assets | 131,952,000 | 144,935,000 | 153,920,000 | 152,768,000 |