Call reports 2010
MINNWEST BANK CENTRAL — 2010
What MINNWEST BANK CENTRAL reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 310,171,000 | 320,156,000 | 322,101,000 | 328,321,000 |
| Total loans | 257,365,000 | 268,226,000 | 262,549,000 | 259,883,000 |
| Allowance for loan losses | 2,725,000 | 2,973,000 | 3,031,000 | 2,983,000 |
| Securities available for sale | 22,802,000 | 22,638,000 | 21,972,000 | 27,390,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 255,520,000 | 256,632,000 | 263,133,000 | 269,634,000 |
| Interest-bearing deposits | 236,555,000 | 237,868,000 | 245,185,000 | 245,737,000 |
| Noninterest-bearing deposits | 18,965,000 | 18,764,000 | 17,948,000 | 23,897,000 |
| Equity capital | 27,769,000 | 28,028,000 | 28,882,000 | 29,343,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,050,000 | 8,302,000 | 12,533,000 | 16,523,000 |
| Interest expense | 1,377,000 | 2,752,000 | 4,119,000 | 5,455,000 |
| Net interest income | 2,673,000 | 5,550,000 | 8,414,000 | 11,068,000 |
| Noninterest income | 311,000 | 475,000 | 696,000 | 679,000 |
| Noninterest expense | 1,769,000 | 3,537,000 | 5,190,000 | 6,842,000 |
| Provision for loan losses | 595,000 | 865,000 | 985,000 | 1,105,000 |
| Pretax income | 620,000 | 1,623,000 | 2,935,000 | 3,800,000 |
| Income tax | 194,000 | 543,000 | 1,018,000 | 1,313,000 |
| Net income | 426,000 | 1,080,000 | 1,917,000 | 2,487,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,169,000 | 27,495,000 | 28,332,000 | 28,902,000 |
| Total capital | 29,894,000 | 30,468,000 | 31,363,000 | 31,885,000 |
| Risk-weighted assets | 268,043,000 | 280,165,000 | 280,816,000 | 277,462,000 |