Call reports 2008
MINNWEST BANK SIOUX FALLS — 2008
What MINNWEST BANK SIOUX FALLS reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 93,251,000 | 96,070,000 | 105,373,000 | 103,595,000 |
| Total loans | 81,860,000 | 84,914,000 | 88,995,000 | 90,878,000 |
| Allowance for loan losses | 508,000 | 537,000 | 897,000 | 1,042,000 |
| Securities available for sale | 6,116,000 | 7,489,000 | 7,456,000 | 8,599,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,303,000 | 75,445,000 | 86,381,000 | 81,034,000 |
| Interest-bearing deposits | 69,039,000 | 68,740,000 | 78,869,000 | 73,610,000 |
| Noninterest-bearing deposits | 6,263,000 | 6,705,000 | 7,512,000 | 7,424,000 |
| Equity capital | 7,972,000 | 8,208,000 | 8,306,000 | 8,469,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,695,000 | 3,400,000 | 5,109,000 | 6,828,000 |
| Interest expense | 766,000 | 1,457,000 | 2,125,000 | 2,817,000 |
| Net interest income | 929,000 | 1,943,000 | 2,984,000 | 4,011,000 |
| Noninterest income | 117,000 | 207,000 | 310,000 | 397,000 |
| Noninterest expense | 613,000 | 1,204,000 | 1,870,000 | 2,571,000 |
| Provision for loan losses | 30,000 | 75,000 | 435,000 | 619,000 |
| Pretax income | 403,000 | 871,000 | 989,000 | 1,218,000 |
| Income tax | 148,000 | 320,000 | 363,000 | 447,000 |
| Net income | 255,000 | 551,000 | 626,000 | 771,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,893,000 | 8,189,000 | 8,263,000 | 8,408,000 |
| Total capital | 8,401,000 | 8,726,000 | 9,160,000 | 9,450,000 |
| Risk-weighted assets | 78,320,000 | 81,514,000 | 85,986,000 | 87,295,000 |