Call reports 2016
MINNWEST BANK — 2016
What MINNWEST BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,610,459,000 | 1,638,603,000 | 1,600,395,000 | 1,615,610,000 |
| Total loans | 1,372,359,000 | 1,373,143,000 | 1,354,330,000 | 1,371,616,000 |
| Allowance for loan losses | 21,381,000 | 21,651,000 | 21,965,000 | 21,939,000 |
| Securities available for sale | 115,625,000 | 117,398,000 | 118,038,000 | 119,854,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,357,115,000 | 1,377,626,000 | 1,361,948,000 | 1,384,644,000 |
| Interest-bearing deposits | 1,127,453,000 | 1,150,639,000 | 1,118,429,000 | 1,121,109,000 |
| Noninterest-bearing deposits | 229,662,000 | 226,987,000 | 243,519,000 | 263,535,000 |
| Equity capital | 165,201,000 | 167,393,000 | 168,631,000 | 170,175,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 17,096,000 | 34,568,000 | 51,915,000 | 69,139,000 |
| Interest expense | 2,097,000 | 4,261,000 | 6,394,000 | 8,368,000 |
| Net interest income | 14,999,000 | 30,307,000 | 45,521,000 | 60,771,000 |
| Noninterest income | 1,829,000 | 3,719,000 | 4,775,000 | 7,641,000 |
| Noninterest expense | 9,948,000 | 20,909,000 | 31,155,000 | 41,767,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 900,000 |
| Pretax income | 6,580,000 | 12,517,000 | 18,241,000 | 25,745,000 |
| Income tax | 2,565,000 | 4,845,000 | 7,053,000 | 9,995,000 |
| Net income | 4,015,000 | 7,672,000 | 11,188,000 | 15,750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 161,599,000 | 163,269,000 | 164,800,000 | 167,376,000 |
| Total capital | 179,468,000 | 181,135,000 | 182,887,000 | 185,716,000 |
| Risk-weighted assets | 1,425,996,000 | 1,425,526,000 | 1,443,052,000 | 1,463,588,000 |