Call reports 2002
BANKWEST, INCORPORATED — 2002
What BANKWEST, INCORPORATED reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 318,441,000 | 340,218,000 | 361,875,000 | 368,771,000 |
| Total loans | 230,227,000 | 255,143,000 | 261,127,000 | 278,678,000 |
| Allowance for loan losses | 2,985,000 | 3,109,000 | 3,230,000 | 3,035,000 |
| Securities available for sale | 60,465,000 | 56,882,000 | 54,506,000 | 55,042,000 |
| Securities held to maturity | 250,000 | 250,000 | 250,000 | 250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 280,287,000 | 291,021,000 | 312,981,000 | 315,807,000 |
| Interest-bearing deposits | 250,235,000 | 258,745,000 | 275,438,000 | 278,751,000 |
| Noninterest-bearing deposits | 30,052,000 | 32,276,000 | 37,543,000 | 37,057,000 |
| Equity capital | 27,310,000 | 28,875,000 | 30,098,000 | 30,541,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 6,038,000 | 12,457,000 | 19,091,000 | 25,625,000 |
| Interest expense | 2,296,000 | 4,415,000 | 6,568,000 | 8,680,000 |
| Net interest income | 3,742,000 | 8,042,000 | 12,523,000 | 16,945,000 |
| Noninterest income | 1,098,000 | 2,104,000 | 3,632,000 | 4,865,000 |
| Noninterest expense | 3,503,000 | 6,952,000 | 10,650,000 | 14,929,000 |
| Provision for loan losses | 124,000 | 248,000 | 371,000 | 615,000 |
| Pretax income | 1,213,000 | 2,946,000 | 5,166,000 | 6,298,000 |
| Income tax | 377,000 | 917,000 | 1,657,000 | 2,031,000 |
| Net income | 836,000 | 2,029,000 | 3,509,000 | 4,267,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,758,000 | 26,981,000 | 27,891,000 | 28,678,000 |
| Total capital | 28,963,000 | 30,310,000 | 31,341,000 | 31,933,000 |
| Risk-weighted assets | 252,089,000 | 274,926,000 | 285,115,000 | 300,277,000 |