Call reports 2003
MINNWEST BANK SIOUX FALLS — 2003
What MINNWEST BANK SIOUX FALLS reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 32,702,000 | 32,335,000 | 35,946,000 | 41,367,000 |
| Total loans | 27,181,000 | 30,112,000 | 33,184,000 | 36,185,000 |
| Allowance for loan losses | 299,000 | 323,000 | 374,000 | 398,000 |
| Securities available for sale | 1,271,000 | 265,000 | 503,000 | 1,008,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,170,000 | 26,326,000 | 29,802,000 | 35,569,000 |
| Interest-bearing deposits | 26,002,000 | 24,282,000 | 27,357,000 | 32,737,000 |
| Noninterest-bearing deposits | 2,168,000 | 2,044,000 | 2,445,000 | 2,833,000 |
| Equity capital | 3,558,000 | 3,605,000 | 3,699,000 | 3,762,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 497,000 | 1,045,000 | 1,643,000 | 2,292,000 |
| Interest expense | 203,000 | 413,000 | 605,000 | 807,000 |
| Net interest income | 294,000 | 632,000 | 1,038,000 | 1,485,000 |
| Noninterest income | 54,000 | 92,000 | 128,000 | 168,000 |
| Noninterest expense | 199,000 | 476,000 | 720,000 | 1,015,000 |
| Provision for loan losses | 56,000 | 80,000 | 131,000 | 223,000 |
| Pretax income | 93,000 | 166,000 | 313,000 | 413,000 |
| Income tax | 34,000 | 61,000 | 115,000 | 152,000 |
| Net income | 59,000 | 105,000 | 198,000 | 261,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,560,000 | 3,606,000 | 3,699,000 | 3,762,000 |
| Total capital | 3,859,000 | 3,929,000 | 4,073,000 | 4,160,000 |
| Risk-weighted assets | 27,445,000 | 29,633,000 | 32,765,000 | 35,953,000 |