Call reports 2008
MINNWEST BANK — 2008
What MINNWEST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 506,344,000 | 510,321,000 | 508,176,000 | 530,080,000 |
| Total loans | 412,526,000 | 437,499,000 | 437,808,000 | 448,507,000 |
| Allowance for loan losses | 3,285,000 | 3,358,000 | 4,284,000 | 5,157,000 |
| Securities available for sale | 41,071,000 | 37,977,000 | 35,030,000 | 36,998,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 422,822,000 | 417,625,000 | 421,545,000 | 429,705,000 |
| Interest-bearing deposits | 389,735,000 | 383,823,000 | 379,657,000 | 390,616,000 |
| Noninterest-bearing deposits | 33,087,000 | 33,802,000 | 41,888,000 | 39,089,000 |
| Equity capital | 43,776,000 | 44,927,000 | 45,611,000 | 46,501,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 8,013,000 | 15,668,000 | 23,305,000 | 30,716,000 |
| Interest expense | 3,875,000 | 7,294,000 | 10,557,000 | 13,705,000 |
| Net interest income | 4,138,000 | 8,374,000 | 12,748,000 | 17,011,000 |
| Noninterest income | 390,000 | 823,000 | 1,136,000 | 1,403,000 |
| Noninterest expense | 2,237,000 | 4,351,000 | 6,866,000 | 9,383,000 |
| Provision for loan losses | 150,000 | 300,000 | 1,400,000 | 2,250,000 |
| Pretax income | 2,146,000 | 4,551,000 | 5,623,000 | 6,786,000 |
| Income tax | 823,000 | 1,751,000 | 2,143,000 | 2,570,000 |
| Net income | 1,323,000 | 2,800,000 | 3,480,000 | 4,216,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,353,000 | 43,830,000 | 44,510,000 | 45,246,000 |
| Total capital | 45,638,000 | 47,188,000 | 48,794,000 | 50,403,000 |
| Risk-weighted assets | 432,794,000 | 451,788,000 | 453,733,000 | 458,292,000 |