Call reports 2007
MINNWEST BANK CENTRAL — 2007
What MINNWEST BANK CENTRAL reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 288,838,000 | 303,497,000 | 195,691,000 | 207,048,000 |
| Total loans | 252,467,000 | 266,737,000 | 164,346,000 | 166,162,000 |
| Allowance for loan losses | 3,383,000 | 3,605,000 | 1,949,000 | 1,064,000 |
| Securities available for sale | 24,774,000 | 23,085,000 | 20,922,000 | 18,892,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,784,000 | 255,910,000 | 155,116,000 | 173,147,000 |
| Interest-bearing deposits | 220,324,000 | 238,370,000 | 144,826,000 | 158,001,000 |
| Noninterest-bearing deposits | 16,460,000 | 17,540,000 | 10,290,000 | 15,146,000 |
| Equity capital | 23,654,000 | 25,121,000 | 18,821,000 | 18,984,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 5,259,000 | 10,701,000 | 15,730,000 | 18,608,000 |
| Interest expense | 2,573,000 | 5,402,000 | 7,917,000 | 9,596,000 |
| Net interest income | 2,686,000 | 5,299,000 | 7,813,000 | 9,012,000 |
| Noninterest income | 270,000 | 516,000 | 779,000 | 995,000 |
| Noninterest expense | 1,788,000 | 3,522,000 | 5,174,000 | 6,220,000 |
| Provision for loan losses | 162,000 | 384,000 | 562,000 | 772,000 |
| Pretax income | 1,006,000 | 1,909,000 | 2,856,000 | 3,015,000 |
| Income tax | 378,000 | 715,000 | 1,078,000 | 1,115,000 |
| Net income | 628,000 | 1,194,000 | 1,778,000 | 1,900,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,296,000 | 24,874,000 | 18,471,000 | 18,606,000 |
| Total capital | 26,489,000 | 28,255,000 | 20,420,000 | 19,670,000 |
| Risk-weighted assets | 255,222,000 | 270,245,000 | 169,816,000 | 171,601,000 |