Call reports 2020
MIDWEST NATIONAL BANK — 2020
What MIDWEST NATIONAL 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 | 57,310,000 | 63,960,000 | 64,554,000 | 66,242,000 |
| Total loans | 42,148,000 | 46,611,000 | 49,258,000 | 49,260,000 |
| Allowance for loan losses | 673,000 | 721,000 | 759,000 | 818,000 |
| Securities available for sale | 10,003,000 | 10,257,000 | 9,756,000 | 9,667,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,219,000 | 52,357,000 | 52,644,000 | 54,154,000 |
| Interest-bearing deposits | 34,408,000 | 37,866,000 | 38,862,000 | 38,801,000 |
| Noninterest-bearing deposits | 15,811,000 | 14,491,000 | 13,782,000 | 15,353,000 |
| Equity capital | 6,810,000 | 7,175,000 | 7,470,000 | 7,736,000 |
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 | 717,000 | 1,464,000 | 2,205,000 | 3,031,000 |
| Interest expense | 104,000 | 205,000 | 305,000 | 399,000 |
| Net interest income | 613,000 | 1,259,000 | 1,900,000 | 2,632,000 |
| Noninterest income | 53,000 | 95,000 | 149,000 | 213,000 |
| Noninterest expense | 388,000 | 744,000 | 1,116,000 | 1,510,000 |
| Provision for loan losses | 55,000 | 100,000 | 145,000 | 280,000 |
| Pretax income | 220,000 | 552,000 | 830,000 | 1,097,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 10,000 |
| Net income | 210,000 | 542,000 | 820,000 | 1,087,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,540,000 | 6,810,000 | 7,087,000 | 7,333,000 |
| Total capital | 7,013,000 | 7,336,000 | 7,641,000 | 7,876,000 |
| Risk-weighted assets | 37,654,000 | 41,925,000 | 44,187,000 | 43,225,000 |