Call reports 2011
MINNWEST BANK — 2011
What MINNWEST BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 520,655,000 | 498,854,000 | 515,649,000 | 517,901,000 |
| Total loans | 374,747,000 | 385,715,000 | 367,273,000 | 389,036,000 |
| Allowance for loan losses | 5,183,000 | 5,629,000 | 5,642,000 | 5,719,000 |
| Securities available for sale | 40,422,000 | 40,155,000 | 34,833,000 | 33,882,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 442,763,000 | 427,823,000 | 444,490,000 | 447,911,000 |
| Interest-bearing deposits | 398,322,000 | 379,887,000 | 391,117,000 | 376,184,000 |
| Noninterest-bearing deposits | 44,441,000 | 47,936,000 | 53,373,000 | 71,727,000 |
| Equity capital | 48,330,000 | 49,681,000 | 49,710,000 | 49,228,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 5,974,000 | 11,940,000 | 17,920,000 | 23,791,000 |
| Interest expense | 1,758,000 | 3,281,000 | 4,755,000 | 5,999,000 |
| Net interest income | 4,216,000 | 8,659,000 | 13,165,000 | 17,792,000 |
| Noninterest income | 281,000 | 487,000 | 877,000 | -51,000 |
| Noninterest expense | 2,485,000 | 4,895,000 | 7,354,000 | 10,163,000 |
| Provision for loan losses | 360,000 | 720,000 | 720,000 | 720,000 |
| Pretax income | 1,652,000 | 3,531,000 | 5,968,000 | 6,858,000 |
| Income tax | 598,000 | 1,288,000 | 2,176,000 | 2,481,000 |
| Net income | 1,054,000 | 2,243,000 | 3,792,000 | 4,377,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,163,000 | 48,352,000 | 48,401,000 | 47,985,000 |
| Total capital | 51,984,000 | 53,291,000 | 53,104,000 | 52,968,000 |
| Risk-weighted assets | 385,324,000 | 394,428,000 | 375,281,000 | 397,883,000 |