Call reports 2014
MINNWEST BANK — 2014
What MINNWEST BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 488,246,000 | 1,458,407,000 | 1,483,392,000 | 1,578,629,000 |
| Total loans | 429,673,000 | 1,236,138,000 | 1,254,035,000 | 1,342,122,000 |
| Allowance for loan losses | 6,924,000 | 19,103,000 | 18,799,000 | 18,986,000 |
| Securities available for sale | 11,981,000 | 85,532,000 | 86,216,000 | 78,075,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 414,924,000 | 1,231,778,000 | 1,249,194,000 | 1,306,231,000 |
| Interest-bearing deposits | 337,857,000 | 1,044,955,000 | 1,040,829,000 | 1,071,672,000 |
| Noninterest-bearing deposits | 77,067,000 | 186,823,000 | 208,365,000 | 234,559,000 |
| Equity capital | 53,211,000 | 155,356,000 | 156,749,000 | 156,798,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,486,000 | 30,561,000 | 46,302,000 | 62,110,000 |
| Interest expense | 508,000 | 3,240,000 | 4,975,000 | 6,849,000 |
| Net interest income | 4,978,000 | 27,321,000 | 41,327,000 | 55,261,000 |
| Noninterest income | -30,000 | 1,172,000 | 2,190,000 | 1,993,000 |
| Noninterest expense | 2,650,000 | 18,983,000 | 28,613,000 | 39,316,000 |
| Provision for loan losses | 0 | 60,000 | 120,000 | 180,000 |
| Pretax income | 2,298,000 | 9,450,000 | 14,784,000 | 17,758,000 |
| Income tax | 866,000 | 3,602,000 | 5,698,000 | 6,728,000 |
| Net income | 1,432,000 | 5,848,000 | 9,086,000 | 11,030,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,137,000 | 152,443,000 | 153,017,000 | 153,319,000 |
| Total capital | 57,657,000 | 168,394,000 | 169,101,000 | 170,415,000 |
| Risk-weighted assets | 440,184,000 | 1,272,930,000 | 1,284,043,000 | 1,365,762,000 |