Call reports 2004
MINNWEST BANK — 2004
What MINNWEST BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 282,428,000 | 307,326,000 | 329,473,000 | 347,321,000 |
| Total loans | 250,181,000 | 271,813,000 | 286,796,000 | 304,311,000 |
| Allowance for loan losses | 3,285,000 | 3,368,000 | 3,406,000 | 3,488,000 |
| Securities available for sale | 18,241,000 | 20,413,000 | 24,490,000 | 25,445,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,323,000 | 242,059,000 | 258,481,000 | 282,286,000 |
| Interest-bearing deposits | 196,759,000 | 207,956,000 | 225,028,000 | 241,329,000 |
| Noninterest-bearing deposits | 31,564,000 | 34,103,000 | 33,453,000 | 40,957,000 |
| Equity capital | 25,213,000 | 26,319,000 | 27,718,000 | 28,804,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,074,000 | 8,549,000 | 13,168,000 | 18,153,000 |
| Interest expense | 1,096,000 | 2,262,000 | 3,575,000 | 5,068,000 |
| Net interest income | 2,978,000 | 6,287,000 | 9,593,000 | 13,085,000 |
| Noninterest income | 290,000 | 597,000 | 889,000 | 1,215,000 |
| Noninterest expense | 1,391,000 | 2,883,000 | 4,394,000 | 6,294,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 1,802,000 | 3,851,000 | 5,863,000 | 7,706,000 |
| Income tax | 664,000 | 1,435,000 | 2,191,000 | 2,863,000 |
| Net income | 1,138,000 | 2,416,000 | 3,672,000 | 4,843,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,173,000 | 25,451,000 | 26,707,000 | 27,879,000 |
| Total capital | 27,230,000 | 28,767,000 | 30,113,000 | 31,367,000 |
| Risk-weighted assets | 244,365,000 | 265,206,000 | 278,521,000 | 294,577,000 |