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Call reports 2008

MIDWEST BANK — 2008

What MIDWEST BANK reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/056ed560-7fc9-400c-9dac-7392b0fc9db9/2008

Balance sheet

What the bank holds and owes at quarter end

Measure2008Q12008Q22008Q32008Q4
Total assets343,837,000358,603,000369,534,000379,818,000
Total loans257,864,000277,842,000292,852,000299,733,000
Allowance for loan losses2,818,0002,918,0003,123,0002,905,000
Securities available for sale65,516,00058,384,00055,949,00055,155,000
Securities held to maturity0000
Trading assets0000
Total deposits292,846,000301,821,000311,735,000322,225,000
Interest-bearing deposits271,173,000271,782,000302,568,000310,497,000
Noninterest-bearing deposits21,673,00030,039,0009,167,00011,728,000
Equity capital37,929,00038,270,00039,142,00038,914,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2008Q12008Q22008Q32008Q4
Interest income5,522,00010,956,00016,606,00021,701,000
Interest expense2,502,0004,811,0007,111,0009,244,000
Net interest income3,020,0006,145,0009,495,00012,457,000
Noninterest income494,000876,0001,452,0002,006,000
Noninterest expense2,214,0004,513,0006,836,0009,278,000
Provision for loan losses157,000325,000513,0001,350,000
Pretax income1,143,0002,183,0003,598,0003,835,000
Income tax306,000581,000990,0001,185,000
Net income837,0001,602,0002,608,0002,650,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2008Q12008Q22008Q32008Q4
Tier 1 capital35,235,00035,999,00037,006,00036,928,000
Total capital38,053,00038,917,00040,129,00039,833,000
Risk-weighted assets275,918,000296,351,000318,936,000319,697,000

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