Call reports 2007
MINNWEST BANK — 2007
What MINNWEST BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 450,930,000 | 477,675,000 | 478,747,000 | 494,260,000 |
| Total loans | 395,275,000 | 412,195,000 | 415,929,000 | 412,843,000 |
| Allowance for loan losses | 4,853,000 | 5,278,000 | 5,663,000 | 3,061,000 |
| Securities available for sale | 39,279,000 | 41,486,000 | 42,697,000 | 43,539,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 359,748,000 | 389,844,000 | 388,393,000 | 404,004,000 |
| Interest-bearing deposits | 324,995,000 | 351,316,000 | 357,364,000 | 366,015,000 |
| Noninterest-bearing deposits | 34,753,000 | 38,528,000 | 31,029,000 | 37,989,000 |
| Equity capital | 40,088,000 | 41,228,000 | 41,916,000 | 44,041,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 8,109,000 | 16,398,000 | 25,024,000 | 33,929,000 |
| Interest expense | 3,925,000 | 8,143,000 | 12,605,000 | 17,070,000 |
| Net interest income | 4,184,000 | 8,255,000 | 12,419,000 | 16,859,000 |
| Noninterest income | 299,000 | 662,000 | 959,000 | 1,349,000 |
| Noninterest expense | 1,970,000 | 3,815,000 | 5,972,000 | 8,169,000 |
| Provision for loan losses | 210,000 | 635,000 | 2,271,000 | 1,621,000 |
| Pretax income | 2,303,000 | 4,467,000 | 5,135,000 | 8,418,000 |
| Income tax | 856,000 | 1,716,000 | 1,943,000 | 3,223,000 |
| Net income | 1,447,000 | 2,751,000 | 3,192,000 | 5,195,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,281,000 | 40,587,000 | 41,027,000 | 43,030,000 |
| Total capital | 44,134,000 | 45,805,000 | 46,330,000 | 46,091,000 |
| Risk-weighted assets | 393,246,000 | 417,366,000 | 423,862,000 | 425,285,000 |