Call reports 2010
MINNWEST BANK — 2010
What MINNWEST BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 501,135,000 | 505,662,000 | 516,853,000 | 527,245,000 |
| Total loans | 421,096,000 | 409,560,000 | 398,101,000 | 407,679,000 |
| Allowance for loan losses | 6,510,000 | 7,234,000 | 5,272,000 | 5,736,000 |
| Securities available for sale | 31,762,000 | 34,922,000 | 36,777,000 | 40,124,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 416,582,000 | 421,683,000 | 437,097,000 | 446,812,000 |
| Interest-bearing deposits | 379,235,000 | 384,034,000 | 392,653,000 | 399,191,000 |
| Noninterest-bearing deposits | 37,347,000 | 37,649,000 | 44,444,000 | 47,621,000 |
| Equity capital | 47,594,000 | 47,362,000 | 48,168,000 | 48,823,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 6,710,000 | 13,368,000 | 19,761,000 | 26,221,000 |
| Interest expense | 2,152,000 | 4,183,000 | 6,166,000 | 8,075,000 |
| Net interest income | 4,558,000 | 9,185,000 | 13,595,000 | 18,146,000 |
| Noninterest income | 256,000 | -81,000 | 222,000 | -129,000 |
| Noninterest expense | 2,896,000 | 5,359,000 | 7,911,000 | 10,411,000 |
| Provision for loan losses | 450,000 | 2,672,000 | 3,622,000 | 4,072,000 |
| Pretax income | 1,468,000 | 1,073,000 | 2,284,000 | 3,535,000 |
| Income tax | 518,000 | 288,000 | 705,000 | 1,139,000 |
| Net income | 950,000 | 785,000 | 1,579,000 | 2,396,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,163,000 | 45,999,000 | 46,792,000 | 47,609,000 |
| Total capital | 51,556,000 | 51,272,000 | 51,963,000 | 52,860,000 |
| Risk-weighted assets | 430,328,000 | 419,866,000 | 413,603,000 | 419,596,000 |