Call reports 2002
MINNWEST BANK — 2002
What MINNWEST BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 229,811,000 | 240,756,000 | 251,125,000 | 253,832,000 |
| Total loans | 189,581,000 | 201,949,000 | 206,250,000 | 200,342,000 |
| Allowance for loan losses | 2,844,000 | 3,033,000 | 3,171,000 | 3,087,000 |
| Securities available for sale | 25,482,000 | 24,709,000 | 24,658,000 | 33,191,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,282,000 | 208,353,000 | 213,589,000 | 213,471,000 |
| Interest-bearing deposits | 171,215,000 | 182,016,000 | 186,266,000 | 183,504,000 |
| Noninterest-bearing deposits | 27,067,000 | 26,337,000 | 27,323,000 | 29,967,000 |
| Equity capital | 19,033,000 | 20,044,000 | 20,977,000 | 21,906,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,869,000 | 7,888,000 | 12,024,000 | 16,201,000 |
| Interest expense | 1,555,000 | 3,079,000 | 4,634,000 | 6,074,000 |
| Net interest income | 2,314,000 | 4,809,000 | 7,390,000 | 10,127,000 |
| Noninterest income | 278,000 | 550,000 | 809,000 | 1,071,000 |
| Noninterest expense | 1,213,000 | 2,511,000 | 3,767,000 | 5,304,000 |
| Provision for loan losses | 154,000 | 308,000 | 462,000 | 462,000 |
| Pretax income | 1,236,000 | 2,551,000 | 3,981,000 | 5,443,000 |
| Income tax | 458,000 | 946,000 | 1,479,000 | 2,022,000 |
| Net income | 778,000 | 1,605,000 | 2,502,000 | 3,421,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,117,000 | 18,947,000 | 19,847,000 | 20,766,000 |
| Total capital | 20,463,000 | 21,430,000 | 22,404,000 | 23,355,000 |
| Risk-weighted assets | 187,205,000 | 198,129,000 | 203,939,000 | 206,609,000 |