Call reports 2023
MIDWEST NATIONAL BANK — 2023
What MIDWEST NATIONAL 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 | 88,771,000 | 88,058,000 | 89,953,000 | 93,795,000 |
| Total loans | 64,997,000 | 66,464,000 | 69,618,000 | 69,302,000 |
| Allowance for loan losses | 969,000 | 979,000 | 968,000 | 995,000 |
| Securities available for sale | 12,259,000 | 11,952,000 | 11,708,000 | 12,689,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,575,000 | 75,157,000 | 74,433,000 | 77,069,000 |
| Interest-bearing deposits | 55,630,000 | 56,635,000 | 55,872,000 | 59,520,000 |
| Noninterest-bearing deposits | 18,945,000 | 18,522,000 | 18,561,000 | 17,549,000 |
| Equity capital | 6,755,000 | 6,931,000 | 6,747,000 | 7,897,000 |
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 | 1,020,000 | 2,157,000 | 3,325,000 | 4,613,000 |
| Interest expense | 262,000 | 605,000 | 999,000 | 1,448,000 |
| Net interest income | 758,000 | 1,552,000 | 2,326,000 | 3,165,000 |
| Noninterest income | -19,000 | 52,000 | 136,000 | 273,000 |
| Noninterest expense | 539,000 | 1,096,000 | 1,718,000 | 2,393,000 |
| Provision for loan losses | 0 | 0 | 4,000 | 30,000 |
| Pretax income | 181,000 | 489,000 | 721,000 | 996,000 |
| Income tax | 16,000 | 33,000 | 49,000 | 65,000 |
| Net income | 165,000 | 456,000 | 672,000 | 931,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,121,000 | 8,382,000 | 8,571,000 | 9,061,000 |
| Total capital | 8,839,000 | 9,104,000 | 9,325,000 | 9,831,000 |
| Risk-weighted assets | 57,237,000 | 57,531,000 | 60,159,000 | 61,390,000 |