Call reports 2004
MINNWEST BANK SIOUX FALLS — 2004
What MINNWEST BANK SIOUX FALLS reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 44,583,000 | 43,973,000 | 48,120,000 | 48,850,000 |
| Total loans | 37,767,000 | 40,459,000 | 43,949,000 | 44,208,000 |
| Allowance for loan losses | 468,000 | 558,000 | 597,000 | 612,000 |
| Securities available for sale | 1,021,000 | 994,000 | 1,005,000 | 1,507,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,201,000 | 37,483,000 | 39,439,000 | 40,641,000 |
| Interest-bearing deposits | 32,570,000 | 34,389,000 | 35,405,000 | 37,236,000 |
| Noninterest-bearing deposits | 5,631,000 | 3,094,000 | 4,034,000 | 3,405,000 |
| Equity capital | 4,372,000 | 4,485,000 | 4,605,000 | 4,759,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 643,000 | 1,337,000 | 2,077,000 | 2,906,000 |
| Interest expense | 206,000 | 414,000 | 635,000 | 873,000 |
| Net interest income | 437,000 | 923,000 | 1,442,000 | 2,033,000 |
| Noninterest income | 55,000 | 94,000 | 135,000 | 183,000 |
| Noninterest expense | 278,000 | 577,000 | 852,000 | 1,226,000 |
| Provision for loan losses | 52,000 | 142,000 | 181,000 | 196,000 |
| Pretax income | 162,000 | 298,000 | 544,000 | 794,000 |
| Income tax | 60,000 | 67,000 | 200,000 | 292,000 |
| Net income | 102,000 | 231,000 | 344,000 | 502,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,365,000 | 4,493,000 | 4,606,000 | 4,764,000 |
| Total capital | 4,829,000 | 4,985,000 | 5,138,000 | 5,304,000 |
| Risk-weighted assets | 37,135,000 | 39,298,000 | 42,527,000 | 43,093,000 |