Call reports 2006
MINNWEST BANK CENTRAL — 2006
What MINNWEST BANK CENTRAL reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 247,966,000 | 262,271,000 | 266,689,000 | 280,931,000 |
| Total loans | 209,625,000 | 227,333,000 | 226,061,000 | 241,286,000 |
| Allowance for loan losses | 2,640,000 | 2,735,000 | 2,869,000 | 3,250,000 |
| Securities available for sale | 25,382,000 | 24,971,000 | 24,694,000 | 25,339,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 208,729,000 | 219,657,000 | 226,963,000 | 239,372,000 |
| Interest-bearing deposits | 190,918,000 | 203,795,000 | 207,526,000 | 220,688,000 |
| Noninterest-bearing deposits | 17,811,000 | 15,862,000 | 19,437,000 | 18,684,000 |
| Equity capital | 20,102,000 | 20,684,000 | 21,267,000 | 22,990,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 4,004,000 | 8,651,000 | 13,464,000 | 18,521,000 |
| Interest expense | 1,659,000 | 3,737,000 | 6,083,000 | 8,568,000 |
| Net interest income | 2,345,000 | 4,914,000 | 7,381,000 | 9,953,000 |
| Noninterest income | 279,000 | 526,000 | 764,000 | 1,029,000 |
| Noninterest expense | 1,733,000 | 3,355,000 | 5,135,000 | 6,746,000 |
| Provision for loan losses | 136,000 | 273,000 | 470,000 | 600,000 |
| Pretax income | 755,000 | 1,812,000 | 2,540,000 | 3,636,000 |
| Income tax | 275,000 | 678,000 | 947,000 | 1,362,000 |
| Net income | 480,000 | 1,134,000 | 1,593,000 | 2,274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,822,000 | 20,489,000 | 20,961,000 | 22,654,000 |
| Total capital | 22,406,000 | 23,224,000 | 23,820,000 | 25,698,000 |
| Risk-weighted assets | 206,680,000 | 227,704,000 | 228,731,000 | 243,277,000 |