Call reports 2021
BANKWEST, INCORPORATED — 2021
What BANKWEST, INCORPORATED reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,440,780,000 | 1,461,179,000 | 1,436,721,000 | 1,502,665,000 |
| Total loans | 876,640,000 | 869,631,000 | 840,163,000 | 841,846,000 |
| Allowance for loan losses | 13,491,000 | 13,554,000 | 13,794,000 | 13,658,000 |
| Securities available for sale | 347,985,000 | 402,238,000 | 423,941,000 | 470,549,000 |
| Securities held to maturity | 14,921,000 | 19,119,000 | 24,819,000 | 28,517,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,269,267,000 | 1,285,916,000 | 1,263,004,000 | 1,334,882,000 |
| Interest-bearing deposits | 1,011,624,000 | 1,027,534,000 | 991,820,000 | 1,034,628,000 |
| Noninterest-bearing deposits | 257,644,000 | 258,383,000 | 271,185,000 | 300,255,000 |
| Equity capital | 132,875,000 | 140,449,000 | 140,127,000 | 139,540,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 11,809,000 | 25,625,000 | 40,060,000 | 52,030,000 |
| Interest expense | 1,260,000 | 2,388,000 | 3,474,000 | 5,293,000 |
| Net interest income | 10,549,000 | 23,237,000 | 36,586,000 | 46,737,000 |
| Noninterest income | 6,256,000 | 11,992,000 | 17,965,000 | 22,483,000 |
| Noninterest expense | 11,775,000 | 23,352,000 | 35,559,000 | 49,288,000 |
| Provision for loan losses | 0 | 225,000 | 225,000 | 225,000 |
| Pretax income | 5,031,000 | 11,548,000 | 18,736,000 | 19,457,000 |
| Income tax | 1,170,000 | 2,790,000 | 4,545,000 | 4,735,000 |
| Net income | 3,861,000 | 8,758,000 | 14,191,000 | 14,722,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 128,855,000 | 134,014,000 | 134,707,000 | 135,497,000 |
| Total capital | 141,765,000 | 147,144,000 | 147,842,000 | 148,785,000 |
| Risk-weighted assets | 1,032,204,000 | 1,049,972,000 | 1,050,125,000 | 1,062,663,000 |