Call reports 2021
MINNWEST BANK — 2021
What MINNWEST BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,364,186,000 | 2,323,049,000 | 2,324,687,000 | 2,704,195,000 |
| Total loans | 1,644,551,000 | 1,596,825,000 | 1,627,501,000 | 1,908,909,000 |
| Allowance for loan losses | 29,407,000 | 30,104,000 | 30,920,000 | 30,158,000 |
| Securities available for sale | 338,031,000 | 357,636,000 | 362,243,000 | 522,402,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,065,963,000 | 2,021,081,000 | 2,020,982,000 | 2,388,816,000 |
| Interest-bearing deposits | 1,508,424,000 | 1,452,679,000 | 1,432,194,000 | 1,710,415,000 |
| Noninterest-bearing deposits | 557,539,000 | 568,402,000 | 588,788,000 | 678,401,000 |
| Equity capital | 250,523,000 | 254,317,000 | 255,976,000 | 259,929,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 23,112,000 | 44,936,000 | 64,867,000 | 87,008,000 |
| Interest expense | 1,652,000 | 2,963,000 | 4,264,000 | 5,619,000 |
| Net interest income | 21,460,000 | 41,973,000 | 60,603,000 | 81,389,000 |
| Noninterest income | 2,713,000 | 5,197,000 | 7,478,000 | 11,515,000 |
| Noninterest expense | 13,312,000 | 26,329,000 | 40,496,000 | 56,362,000 |
| Provision for loan losses | 750,000 | 1,500,000 | 2,250,000 | 1,934,000 |
| Pretax income | 10,111,000 | 19,343,000 | 25,337,000 | 34,610,000 |
| Income tax | 2,710,000 | 5,176,000 | 6,774,000 | 9,090,000 |
| Net income | 7,401,000 | 14,167,000 | 18,563,000 | 25,520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 240,733,000 | 245,546,000 | 247,558,000 | 223,073,000 |
| Total capital | 261,420,000 | 266,314,000 | 269,204,000 | 249,308,000 |
| Risk-weighted assets | 1,646,233,000 | 1,652,090,000 | 1,722,400,000 | 2,094,909,000 |