Call reports 2024
MIDWEST NATIONAL BANK — 2024
What MIDWEST NATIONAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 95,775,000 | 97,484,000 | 103,227,000 | 106,874,000 |
| Total loans | 71,010,000 | 74,385,000 | 77,901,000 | 84,356,000 |
| Allowance for loan losses | 963,000 | 966,000 | 937,000 | 955,000 |
| Securities available for sale | 13,381,000 | 13,052,000 | 14,982,000 | 12,685,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,113,000 | 80,734,000 | 86,098,000 | 90,269,000 |
| Interest-bearing deposits | 60,931,000 | 62,267,000 | 68,501,000 | 73,331,000 |
| Noninterest-bearing deposits | 18,182,000 | 18,467,000 | 17,597,000 | 16,938,000 |
| Equity capital | 7,765,000 | 7,841,000 | 8,215,000 | 7,658,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,313,000 | 2,684,000 | 4,141,000 | 5,667,000 |
| Interest expense | 503,000 | 1,064,000 | 1,663,000 | 2,338,000 |
| Net interest income | 810,000 | 1,620,000 | 2,478,000 | 3,329,000 |
| Noninterest income | 111,000 | 237,000 | 352,000 | 471,000 |
| Noninterest expense | 681,000 | 1,388,000 | 2,221,000 | 3,326,000 |
| Provision for loan losses | 11,000 | 29,000 | 69,000 | 75,000 |
| Pretax income | 200,000 | 411,000 | 503,000 | 363,000 |
| Income tax | 14,000 | 27,000 | 41,000 | 54,000 |
| Net income | 186,000 | 384,000 | 462,000 | 309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,009,000 | 9,178,000 | 9,227,000 | 9,138,000 |
| Total capital | 9,803,000 | 10,037,000 | 10,136,000 | 10,107,000 |
| Risk-weighted assets | 63,351,000 | 68,630,000 | 72,670,000 | 77,541,000 |