Call reports 2008
BANKWEST, INCORPORATED — 2008
What BANKWEST, INCORPORATED reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 678,874,000 | 688,966,000 | 709,940,000 | 740,031,000 |
| Total loans | 532,247,000 | 551,143,000 | 579,833,000 | 582,870,000 |
| Allowance for loan losses | 3,171,000 | 3,808,000 | 4,118,000 | 5,343,000 |
| Securities available for sale | 99,251,000 | 90,464,000 | 82,215,000 | 76,677,000 |
| Securities held to maturity | 650,000 | 650,000 | 650,000 | 650,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 515,400,000 | 520,620,000 | 550,466,000 | 577,589,000 |
| Interest-bearing deposits | 459,076,000 | 465,466,000 | 488,242,000 | 503,479,000 |
| Noninterest-bearing deposits | 56,324,000 | 55,154,000 | 62,224,000 | 74,110,000 |
| Equity capital | 56,610,000 | 52,509,000 | 51,427,000 | 49,879,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 11,530,000 | 23,173,000 | 35,192,000 | 47,120,000 |
| Interest expense | 5,185,000 | 9,897,000 | 14,678,000 | 19,446,000 |
| Net interest income | 6,345,000 | 13,276,000 | 20,514,000 | 27,674,000 |
| Noninterest income | 1,920,000 | 3,486,000 | 5,592,000 | 7,996,000 |
| Noninterest expense | 6,194,000 | 12,175,000 | 18,350,000 | 25,121,000 |
| Provision for loan losses | 2,950,000 | 3,625,000 | 4,200,000 | 5,200,000 |
| Pretax income | -830,000 | 1,011,000 | 3,638,000 | 3,306,000 |
| Income tax | 70,000 | 92,000 | 152,000 | 248,000 |
| Net income | -900,000 | 919,000 | 3,486,000 | 3,058,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,191,000 | 56,035,000 | 59,066,000 | 58,465,000 |
| Total capital | 59,362,000 | 59,843,000 | 63,184,000 | 63,808,000 |
| Risk-weighted assets | 569,540,000 | 590,029,000 | 625,309,000 | 637,445,000 |