Call reports 2014
MIDWEST BANK — 2014
What MIDWEST BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 615,585,000 | 621,400,000 | 635,239,000 | 651,127,000 |
| Total loans | 420,650,000 | 435,590,000 | 446,706,000 | 458,121,000 |
| Allowance for loan losses | 6,529,000 | 6,524,000 | 6,689,000 | 6,871,000 |
| Securities available for sale | 131,612,000 | 129,069,000 | 127,304,000 | 126,501,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 518,690,000 | 526,398,000 | 546,678,000 | 554,918,000 |
| Interest-bearing deposits | 501,527,000 | 508,452,000 | 530,567,000 | 535,092,000 |
| Noninterest-bearing deposits | 17,163,000 | 17,946,000 | 16,111,000 | 19,826,000 |
| Equity capital | 60,031,000 | 62,297,000 | 65,031,000 | 66,697,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 6,110,000 | 12,343,000 | 18,625,000 | 25,045,000 |
| Interest expense | 871,000 | 1,743,000 | 2,623,000 | 3,499,000 |
| Net interest income | 5,239,000 | 10,600,000 | 16,002,000 | 21,546,000 |
| Noninterest income | 663,000 | 1,662,000 | 3,923,000 | 4,764,000 |
| Noninterest expense | 3,416,000 | 6,915,000 | 10,622,000 | 14,282,000 |
| Provision for loan losses | 192,000 | 397,000 | 558,000 | 801,000 |
| Pretax income | 2,294,000 | 4,950,000 | 8,790,000 | 11,273,000 |
| Income tax | 651,000 | 1,414,000 | 2,604,000 | 3,332,000 |
| Net income | 1,643,000 | 3,536,000 | 6,186,000 | 7,941,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,378,000 | 59,271,000 | 61,921,000 | 63,376,000 |
| Total capital | 63,169,000 | 65,232,000 | 68,027,000 | 69,675,000 |
| Risk-weighted assets | 462,540,000 | 476,270,000 | 487,873,000 | 503,287,000 |