Call reports 2002
MINNWEST BANK ORTONVILLE — 2002
What MINNWEST BANK ORTONVILLE 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 | 68,896,000 | 70,147,000 | 69,891,000 | 70,961,000 |
| Total loans | 60,216,000 | 61,874,000 | 61,520,000 | 60,230,000 |
| Allowance for loan losses | 984,000 | 1,012,000 | 1,018,000 | 876,000 |
| Securities available for sale | 5,651,000 | 5,004,000 | 4,662,000 | 4,787,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,158,000 | 58,527,000 | 58,972,000 | 60,281,000 |
| Interest-bearing deposits | 51,939,000 | 52,499,000 | 53,586,000 | 52,936,000 |
| Noninterest-bearing deposits | 4,219,000 | 6,028,000 | 5,386,000 | 7,345,000 |
| Equity capital | 5,766,000 | 6,028,000 | 6,264,000 | 6,463,000 |
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 | 1,223,000 | 2,438,000 | 3,646,000 | 4,787,000 |
| Interest expense | 488,000 | 974,000 | 1,453,000 | 1,892,000 |
| Net interest income | 735,000 | 1,464,000 | 2,193,000 | 2,895,000 |
| Noninterest income | 85,000 | 175,000 | 269,000 | 352,000 |
| Noninterest expense | 378,000 | 772,000 | 1,168,000 | 1,593,000 |
| Provision for loan losses | 29,000 | 57,000 | 86,000 | 114,000 |
| Pretax income | 413,000 | 810,000 | 1,208,000 | 1,540,000 |
| Income tax | 156,000 | 308,000 | 453,000 | 576,000 |
| Net income | 257,000 | 502,000 | 755,000 | 964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,421,000 | 5,676,000 | 5,936,000 | 6,155,000 |
| Total capital | 6,142,000 | 6,411,000 | 6,670,000 | 6,883,000 |
| Risk-weighted assets | 57,421,000 | 58,525,000 | 58,452,000 | 58,101,000 |