Call reports 2020
BANKWEST, INCORPORATED — 2020
What BANKWEST, INCORPORATED reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,170,745,000 | 1,247,975,000 | 1,250,841,000 | 1,398,699,000 |
| Total loans | 871,073,000 | 937,075,000 | 922,229,000 | 888,770,000 |
| Allowance for loan losses | 14,869,000 | 11,344,000 | 14,038,000 | 13,842,000 |
| Securities available for sale | 204,420,000 | 207,896,000 | 206,540,000 | 267,464,000 |
| Securities held to maturity | 4,108,000 | 5,065,000 | 13,565,000 | 14,921,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 994,636,000 | 1,061,989,000 | 1,074,256,000 | 1,225,790,000 |
| Interest-bearing deposits | 822,738,000 | 857,955,000 | 844,071,000 | 983,009,000 |
| Noninterest-bearing deposits | 171,898,000 | 204,034,000 | 230,185,000 | 242,781,000 |
| Equity capital | 120,969,000 | 126,375,000 | 129,010,000 | 133,221,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 12,896,000 | 25,264,000 | 38,192,000 | 50,639,000 |
| Interest expense | 2,927,000 | 5,022,000 | 6,842,000 | 8,244,000 |
| Net interest income | 9,969,000 | 20,242,000 | 31,350,000 | 42,395,000 |
| Noninterest income | 3,923,000 | 8,836,000 | 14,356,000 | 20,290,000 |
| Noninterest expense | 11,008,000 | 21,833,000 | 32,975,000 | 45,235,000 |
| Provision for loan losses | 3,475,000 | 4,255,000 | 8,113,000 | 8,115,000 |
| Pretax income | -234,000 | 4,899,000 | 6,618,000 | 12,068,000 |
| Income tax | 0 | 1,175,000 | 1,605,000 | 2,715,000 |
| Net income | -234,000 | 3,724,000 | 5,013,000 | 9,353,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 114,332,000 | 118,562,000 | 120,120,000 | 124,730,000 |
| Total capital | 126,589,000 | 129,905,000 | 132,436,000 | 137,370,000 |
| Risk-weighted assets | 977,938,000 | 985,038,000 | 983,579,000 | 1,010,038,000 |