Call reports 2020
MIDWEST BANK — 2020
What MIDWEST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 803,374,000 | 871,790,000 | 883,192,000 | 880,780,000 |
| Total loans | 576,891,000 | 604,748,000 | 599,698,000 | 594,142,000 |
| Allowance for loan losses | 9,081,000 | 9,310,000 | 9,516,000 | 9,527,000 |
| Securities available for sale | 155,019,000 | 183,665,000 | 194,767,000 | 212,578,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 688,471,000 | 740,051,000 | 751,779,000 | 747,550,000 |
| Interest-bearing deposits | 667,317,000 | 633,862,000 | 648,997,000 | 629,148,000 |
| Noninterest-bearing deposits | 21,154,000 | 106,189,000 | 102,782,000 | 118,402,000 |
| Equity capital | 76,994,000 | 84,449,000 | 85,592,000 | 88,397,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 9,043,000 | 19,046,000 | 27,098,000 | 35,044,000 |
| Interest expense | 2,371,000 | 4,297,000 | 6,077,000 | 7,535,000 |
| Net interest income | 6,672,000 | 14,749,000 | 21,021,000 | 27,509,000 |
| Noninterest income | 1,078,000 | 2,328,000 | 3,817,000 | 5,332,000 |
| Noninterest expense | 4,522,000 | 8,888,000 | 13,437,000 | 18,411,000 |
| Provision for loan losses | 0 | 225,000 | 375,000 | 375,000 |
| Pretax income | 3,228,000 | 7,964,000 | 11,026,000 | 14,055,000 |
| Income tax | 635,000 | 1,569,000 | 2,138,000 | 2,640,000 |
| Net income | 2,593,000 | 6,395,000 | 8,888,000 | 11,415,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,597,000 | 79,399,000 | 79,892,000 | 82,419,000 |
| Total capital | 83,447,000 | 87,262,000 | 87,859,000 | 90,648,000 |
| Risk-weighted assets | 626,817,000 | 627,571,000 | 635,820,000 | 657,026,000 |