Call reports 2006
MINNWEST BANK — 2006
What MINNWEST BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 409,456,000 | 440,176,000 | 450,190,000 | 456,076,000 |
| Total loans | 350,520,000 | 378,268,000 | 389,020,000 | 389,405,000 |
| Allowance for loan losses | 4,129,000 | 4,250,000 | 4,380,000 | 4,646,000 |
| Securities available for sale | 42,230,000 | 41,955,000 | 41,986,000 | 42,175,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 322,677,000 | 358,008,000 | 355,365,000 | 368,476,000 |
| Interest-bearing deposits | 283,265,000 | 311,730,000 | 322,604,000 | 327,725,000 |
| Noninterest-bearing deposits | 39,412,000 | 46,278,000 | 32,761,000 | 40,750,000 |
| Equity capital | 35,744,000 | 37,225,000 | 38,985,000 | 40,585,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 6,818,000 | 14,334,000 | 22,322,000 | 30,571,000 |
| Interest expense | 2,843,000 | 6,123,000 | 9,898,000 | 13,829,000 |
| Net interest income | 3,975,000 | 8,211,000 | 12,424,000 | 16,742,000 |
| Noninterest income | 304,000 | 619,000 | 932,000 | 1,299,000 |
| Noninterest expense | 1,923,000 | 3,760,000 | 5,715,000 | 7,588,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 680,000 |
| Pretax income | 2,236,000 | 4,830,000 | 7,281,000 | 9,773,000 |
| Income tax | 824,000 | 1,805,000 | 2,728,000 | 3,668,000 |
| Net income | 1,412,000 | 3,025,000 | 4,553,000 | 6,105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,143,000 | 36,755,000 | 38,284,000 | 39,835,000 |
| Total capital | 39,272,000 | 41,005,000 | 42,664,000 | 44,481,000 |
| Risk-weighted assets | 341,416,000 | 372,323,000 | 382,093,000 | 388,507,000 |