Call reports 2003
BANKWEST, INCORPORATED — 2003
What BANKWEST, INCORPORATED reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 367,475,000 | 394,811,000 | 402,863,000 | 432,191,000 |
| Total loans | 280,436,000 | 307,831,000 | 312,701,000 | 333,122,000 |
| Allowance for loan losses | 3,128,000 | 3,334,000 | 1,396,000 | 2,970,000 |
| Securities available for sale | 54,024,000 | 53,996,000 | 53,736,000 | 60,406,000 |
| Securities held to maturity | 250,000 | 250,000 | 250,000 | 250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 325,351,000 | 325,789,000 | 344,934,000 | 360,221,000 |
| Interest-bearing deposits | 290,405,000 | 292,418,000 | 306,255,000 | 313,019,000 |
| Noninterest-bearing deposits | 34,946,000 | 33,371,000 | 38,679,000 | 47,202,000 |
| Equity capital | 30,668,000 | 32,039,000 | 38,502,000 | 40,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 6,412,000 | 13,232,000 | 20,317,000 | 27,195,000 |
| Interest expense | 1,985,000 | 3,964,000 | 5,946,000 | 7,846,000 |
| Net interest income | 4,427,000 | 9,268,000 | 14,371,000 | 19,349,000 |
| Noninterest income | 1,245,000 | 2,678,000 | 4,584,000 | 6,642,000 |
| Noninterest expense | 3,899,000 | 8,252,000 | 12,798,000 | 17,337,000 |
| Provision for loan losses | 169,000 | 393,000 | 657,000 | 658,000 |
| Pretax income | 1,604,000 | 3,301,000 | 5,506,000 | 7,944,000 |
| Income tax | 514,000 | 1,077,000 | 1,771,000 | 2,660,000 |
| Net income | 1,090,000 | 2,224,000 | 3,735,000 | 5,284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,000,000 | 30,165,000 | 37,208,000 | 38,787,000 |
| Total capital | 32,317,000 | 33,688,000 | 38,793,000 | 41,946,000 |
| Risk-weighted assets | 307,980,000 | 336,636,000 | 342,676,000 | 364,254,000 |