Call reports 2002
MINNWEST BANK SIOUX FALLS — 2002
What MINNWEST BANK SIOUX FALLS reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 20,669,000 | 25,575,000 | 28,410,000 | 29,672,000 |
| Total loans | 18,037,000 | 22,922,000 | 24,664,000 | 24,523,000 |
| Allowance for loan losses | 130,000 | 168,000 | 205,000 | 243,000 |
| Securities available for sale | 352,000 | 246,000 | 915,000 | 1,281,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,119,000 | 22,690,000 | 24,988,000 | 25,171,000 |
| Interest-bearing deposits | 16,995,000 | 21,403,000 | 23,257,000 | 23,226,000 |
| Noninterest-bearing deposits | 1,124,000 | 1,287,000 | 1,731,000 | 1,945,000 |
| Equity capital | 2,406,000 | 2,442,000 | 2,483,000 | 3,498,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 338,000 | 775,000 | 1,243,000 | 1,737,000 |
| Interest expense | 161,000 | 341,000 | 548,000 | 763,000 |
| Net interest income | 177,000 | 434,000 | 695,000 | 974,000 |
| Noninterest income | 29,000 | 62,000 | 95,000 | 133,000 |
| Noninterest expense | 189,000 | 381,000 | 571,000 | 822,000 |
| Provision for loan losses | 30,000 | 68,000 | 105,000 | 143,000 |
| Pretax income | -13,000 | 47,000 | 114,000 | 142,000 |
| Income tax | -5,000 | 17,000 | 42,000 | 53,000 |
| Net income | -8,000 | 30,000 | 72,000 | 89,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,394,000 | 2,442,000 | 2,484,000 | 3,501,000 |
| Total capital | 2,524,000 | 2,610,000 | 2,689,000 | 3,744,000 |
| Risk-weighted assets | 19,017,000 | 23,291,000 | 25,754,000 | 25,376,000 |