Call reports 2013
MINNWEST BANK CENTRAL — 2013
What MINNWEST BANK CENTRAL reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 297,293,000 | 278,069,000 | 280,714,000 | 302,139,000 |
| Total loans | 227,281,000 | 217,543,000 | 221,247,000 | 251,963,000 |
| Allowance for loan losses | 3,116,000 | 3,136,000 | 3,136,000 | 3,046,000 |
| Securities available for sale | 18,819,000 | 19,369,000 | 21,751,000 | 17,721,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,046,000 | 229,915,000 | 232,539,000 | 235,509,000 |
| Interest-bearing deposits | 215,297,000 | 201,226,000 | 196,267,000 | 191,491,000 |
| Noninterest-bearing deposits | 29,749,000 | 28,689,000 | 36,272,000 | 44,018,000 |
| Equity capital | 30,913,000 | 30,814,000 | 30,742,000 | 30,824,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,102,000 | 6,000,000 | 8,836,000 | 11,785,000 |
| Interest expense | 393,000 | 745,000 | 1,066,000 | 1,351,000 |
| Net interest income | 2,709,000 | 5,255,000 | 7,770,000 | 10,434,000 |
| Noninterest income | 331,000 | 742,000 | 1,033,000 | 1,315,000 |
| Noninterest expense | 1,541,000 | 3,317,000 | 5,025,000 | 6,592,000 |
| Provision for loan losses | 45,000 | 45,000 | 45,000 | 45,000 |
| Pretax income | 1,454,000 | 2,635,000 | 3,733,000 | 5,112,000 |
| Income tax | 548,000 | 996,000 | 1,413,000 | 1,945,000 |
| Net income | 906,000 | 1,639,000 | 2,320,000 | 3,167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,430,000 | 30,413,000 | 30,344,000 | 30,441,000 |
| Total capital | 33,410,000 | 33,326,000 | 33,279,000 | 33,487,000 |
| Risk-weighted assets | 238,304,000 | 232,842,000 | 234,634,000 | 268,962,000 |