Call reports 2004
MINNWEST BANK CENTRAL — 2004
What MINNWEST BANK CENTRAL reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 182,253,000 | 176,364,000 | 181,336,000 | 199,966,000 |
| Total loans | 147,370,000 | 152,534,000 | 158,477,000 | 170,991,000 |
| Allowance for loan losses | 1,963,000 | 2,032,000 | 2,055,000 | 2,099,000 |
| Securities available for sale | 19,594,000 | 15,319,000 | 13,732,000 | 15,745,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,224,000 | 145,032,000 | 144,611,000 | 164,818,000 |
| Interest-bearing deposits | 135,348,000 | 130,764,000 | 129,333,000 | 144,587,000 |
| Noninterest-bearing deposits | 15,876,000 | 14,268,000 | 15,278,000 | 20,231,000 |
| Equity capital | 15,880,000 | 16,447,000 | 17,162,000 | 17,630,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,557,000 | 5,320,000 | 7,968,000 | 10,920,000 |
| Interest expense | 823,000 | 1,595,000 | 2,367,000 | 3,231,000 |
| Net interest income | 1,734,000 | 3,725,000 | 5,601,000 | 7,689,000 |
| Noninterest income | 246,000 | 492,000 | 755,000 | 1,002,000 |
| Noninterest expense | 1,081,000 | 2,149,000 | 3,250,000 | 4,734,000 |
| Provision for loan losses | 75,000 | 150,000 | 195,000 | 240,000 |
| Pretax income | 824,000 | 1,918,000 | 2,926,000 | 3,732,000 |
| Income tax | 303,000 | 715,000 | 1,092,000 | 1,388,000 |
| Net income | 521,000 | 1,203,000 | 1,834,000 | 2,344,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,242,000 | 15,936,000 | 16,581,000 | 17,104,000 |
| Total capital | 17,113,000 | 17,797,000 | 18,507,000 | 19,185,000 |
| Risk-weighted assets | 149,599,000 | 148,725,000 | 153,917,000 | 166,435,000 |