Call reports 2003
MINNWEST BANK ORTONVILLE — 2003
What MINNWEST BANK ORTONVILLE 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 | 67,301,000 | 71,000,000 | 73,515,000 | 72,748,000 |
| Total loans | 59,418,000 | 64,128,000 | 67,217,000 | 65,071,000 |
| Allowance for loan losses | 873,000 | 888,000 | 936,000 | 976,000 |
| Securities available for sale | 3,750,000 | 3,819,000 | 2,744,000 | 4,043,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,744,000 | 57,541,000 | 59,726,000 | 61,335,000 |
| Interest-bearing deposits | 50,855,000 | 52,393,000 | 53,518,000 | 55,709,000 |
| Noninterest-bearing deposits | 4,889,000 | 5,148,000 | 6,208,000 | 5,626,000 |
| Equity capital | 5,863,000 | 6,060,000 | 6,309,000 | 6,533,000 |
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 | 1,060,000 | 2,078,000 | 3,137,000 | 4,179,000 |
| Interest expense | 374,000 | 710,000 | 1,026,000 | 1,333,000 |
| Net interest income | 686,000 | 1,368,000 | 2,111,000 | 2,846,000 |
| Noninterest income | 65,000 | 139,000 | 205,000 | 281,000 |
| Noninterest expense | 387,000 | 793,000 | 1,172,000 | 1,596,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 334,000 | 654,000 | 1,054,000 | 1,402,000 |
| Income tax | 123,000 | 241,000 | 387,000 | 519,000 |
| Net income | 211,000 | 413,000 | 667,000 | 883,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,575,000 | 5,786,000 | 6,047,000 | 6,273,000 |
| Total capital | 6,284,000 | 6,554,000 | 6,863,000 | 7,059,000 |
| Risk-weighted assets | 56,521,000 | 61,316,000 | 65,175,000 | 62,726,000 |