Call reports 2023
MIDWEST BANK — 2023
What MIDWEST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 984,701,000 | 1,006,807,000 | 1,019,594,000 | 1,070,453,000 |
| Total loans | 676,398,000 | 700,287,000 | 733,750,000 | 781,101,000 |
| Allowance for loan losses | 10,509,000 | 10,507,000 | 10,572,000 | 10,680,000 |
| Securities available for sale | 221,569,000 | 218,088,000 | 209,506,000 | 211,338,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 884,998,000 | 887,364,000 | 858,557,000 | 886,720,000 |
| Interest-bearing deposits | 740,439,000 | 743,811,000 | 726,493,000 | 749,486,000 |
| Noninterest-bearing deposits | 144,559,000 | 143,553,000 | 132,064,000 | 137,234,000 |
| Equity capital | 80,696,000 | 82,150,000 | 81,096,000 | 87,041,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 10,950,000 | 22,730,000 | 35,199,000 | 48,682,000 |
| Interest expense | 3,357,000 | 7,562,000 | 12,846,000 | 19,163,000 |
| Net interest income | 7,593,000 | 15,168,000 | 22,353,000 | 29,519,000 |
| Noninterest income | 966,000 | 1,927,000 | 3,339,000 | 4,853,000 |
| Noninterest expense | 6,122,000 | 12,116,000 | 18,514,000 | 24,994,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 164,000 |
| Pretax income | 2,437,000 | 4,979,000 | 7,010,000 | 9,042,000 |
| Income tax | 435,000 | 894,000 | 1,233,000 | 1,778,000 |
| Net income | 2,002,000 | 4,085,000 | 5,777,000 | 7,264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 97,994,000 | 100,078,000 | 101,770,000 | 102,457,000 |
| Total capital | 107,888,000 | 110,264,000 | 112,151,000 | 113,323,000 |
| Risk-weighted assets | 790,803,000 | 814,476,000 | 830,186,000 | 899,186,000 |