Call reports 2024
BANKWEST, INCORPORATED — 2024
What BANKWEST, INCORPORATED reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,686,180,000 | 1,756,358,000 | 1,782,344,000 | 1,806,645,000 |
| Total loans | 1,096,461,000 | 1,163,294,000 | 1,182,173,000 | 1,236,566,000 |
| Allowance for loan losses | 11,963,000 | 12,243,000 | 12,863,000 | 13,227,000 |
| Securities available for sale | 449,801,000 | 438,040,000 | 435,875,000 | 407,251,000 |
| Securities held to maturity | 29,809,000 | 30,755,000 | 30,755,000 | 32,799,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,374,783,000 | 1,394,107,000 | 1,517,663,000 | 1,508,035,000 |
| Interest-bearing deposits | 1,097,746,000 | 1,121,457,000 | 1,225,852,000 | 1,229,874,000 |
| Noninterest-bearing deposits | 277,037,000 | 272,650,000 | 291,811,000 | 278,161,000 |
| Equity capital | 131,001,000 | 135,853,000 | 142,814,000 | 139,357,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 23,843,000 | 49,334,000 | 76,235,000 | 102,234,000 |
| Interest expense | 8,638,000 | 18,190,000 | 28,880,000 | 39,612,000 |
| Net interest income | 15,205,000 | 31,144,000 | 47,355,000 | 62,622,000 |
| Noninterest income | 4,244,000 | 8,753,000 | 13,697,000 | 18,585,000 |
| Noninterest expense | 16,120,000 | 31,654,000 | 48,910,000 | 65,404,000 |
| Provision for loan losses | 0 | 300,000 | 465,000 | 850,000 |
| Pretax income | 3,329,000 | 7,943,000 | 11,330,000 | 14,097,000 |
| Income tax | 828,000 | 1,884,000 | 2,681,000 | 3,524,000 |
| Net income | 2,501,000 | 6,059,000 | 8,649,000 | 10,573,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 159,326,000 | 162,507,000 | 165,365,000 | 166,304,000 |
| Total capital | 172,539,000 | 176,335,000 | 179,813,000 | 180,781,000 |
| Risk-weighted assets | 1,451,101,000 | 1,504,511,000 | 1,582,550,000 | 1,602,088,000 |