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Call reports 2022

MINNWEST BANK — 2022

What MINNWEST BANK reported to the FFIEC in 2022, quarter by quarter.

PERIOD: 2022SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/be8e6421-7d77-4359-988d-6c70b2873a73/2022

Balance sheet

What the bank holds and owes at quarter end

Measure2022Q12022Q22022Q32022Q4
Total assets2,688,662,0002,663,568,0002,718,153,0002,847,684,000
Total loans1,855,653,0001,920,761,0001,972,952,0002,037,405,000
Allowance for loan losses30,626,00030,928,00031,401,00031,302,000
Securities available for sale541,821,000537,423,000526,102,000548,906,000
Securities held to maturity0000
Trading assets0000
Total deposits2,396,549,0002,377,547,0002,429,119,0002,481,411,000
Interest-bearing deposits1,696,826,0001,646,028,0001,691,372,0001,755,699,000
Noninterest-bearing deposits699,723,000731,519,000737,747,000725,712,000
Equity capital246,458,000241,568,000238,658,000243,835,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2022Q12022Q22022Q32022Q4
Interest income22,562,00047,517,00073,846,000102,581,000
Interest expense1,387,0002,705,0004,894,0009,573,000
Net interest income21,175,00044,812,00068,952,00093,008,000
Noninterest income5,317,0009,138,00014,883,00019,797,000
Noninterest expense16,556,00033,240,00050,506,00070,512,000
Provision for loan losses450,000900,0001,350,0001,200,000
Pretax income9,486,00019,811,00031,980,00041,093,000
Income tax2,482,0005,251,0008,472,00011,022,000
Net income7,004,00014,560,00023,508,00030,071,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2022Q12022Q22022Q32022Q4
Tier 1 capital227,908,000233,223,000239,826,000244,098,000
Total capital253,814,000259,892,000267,854,000273,563,000
Risk-weighted assets2,067,749,0002,129,226,0002,238,869,0002,355,384,000

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