Call reports 2019
MINNWEST BANK — 2019
What MINNWEST BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,982,825,000 | 2,046,212,000 | 1,995,601,000 | 2,068,880,000 |
| Total loans | 1,654,439,000 | 1,684,734,000 | 1,641,426,000 | 1,677,085,000 |
| Allowance for loan losses | 25,038,000 | 25,367,000 | 26,746,000 | 26,975,000 |
| Securities available for sale | 155,705,000 | 148,599,000 | 141,912,000 | 130,586,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,689,641,000 | 1,736,437,000 | 1,713,088,000 | 1,780,610,000 |
| Interest-bearing deposits | 1,334,998,000 | 1,397,255,000 | 1,362,992,000 | 1,388,135,000 |
| Noninterest-bearing deposits | 354,643,000 | 339,182,000 | 350,096,000 | 392,475,000 |
| Equity capital | 220,665,000 | 225,022,000 | 228,592,000 | 232,223,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 24,054,000 | 49,004,000 | 73,745,000 | 97,385,000 |
| Interest expense | 4,851,000 | 10,563,000 | 16,291,000 | 21,571,000 |
| Net interest income | 19,203,000 | 38,441,000 | 57,454,000 | 75,814,000 |
| Noninterest income | 1,912,000 | 3,793,000 | 6,081,000 | 8,091,000 |
| Noninterest expense | 13,103,000 | 24,992,000 | 37,403,000 | 49,614,000 |
| Provision for loan losses | 1,275,000 | 2,550,000 | 3,825,000 | 4,514,000 |
| Pretax income | 6,736,000 | 14,735,000 | 22,350,000 | 29,875,000 |
| Income tax | 1,909,000 | 4,170,000 | 6,327,000 | 8,214,000 |
| Net income | 4,827,000 | 10,565,000 | 16,023,000 | 21,661,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 211,094,000 | 214,398,000 | 218,000,000 | 221,767,000 |
| Total capital | 232,914,000 | 236,441,000 | 239,395,000 | 243,635,000 |
| Risk-weighted assets | 1,742,402,000 | 1,760,105,000 | 1,706,237,000 | 1,744,363,000 |