Call reports 2020
MIDWEST INDEPENDENT BANKERSBANK — 2020
What MIDWEST INDEPENDENT BANKERSBANK 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 | 250,871,000 | 267,585,000 | 249,107,000 | 285,304,000 |
| Total loans | 128,203,000 | 144,780,000 | 139,879,000 | 148,100,000 |
| Allowance for loan losses | 3,981,000 | 4,029,000 | 4,058,000 | 4,102,000 |
| Securities available for sale | 23,271,000 | 26,908,000 | 27,103,000 | 26,173,000 |
| Securities held to maturity | 500,000 | 500,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,700,000 | 217,605,000 | 201,434,000 | 203,880,000 |
| Interest-bearing deposits | 27,997,000 | 25,147,000 | 22,733,000 | 26,227,000 |
| Noninterest-bearing deposits | 175,703,000 | 192,458,000 | 178,701,000 | 177,653,000 |
| Equity capital | 38,685,000 | 39,785,000 | 40,708,000 | 39,530,000 |
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 | 1,951,000 | 3,550,000 | 5,243,000 | 6,826,000 |
| Interest expense | 266,000 | 438,000 | 603,000 | 801,000 |
| Net interest income | 1,685,000 | 3,112,000 | 4,640,000 | 6,025,000 |
| Noninterest income | 1,634,000 | 3,726,000 | 5,743,000 | 7,832,000 |
| Noninterest expense | 2,627,000 | 5,058,000 | 7,411,000 | 9,696,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 692,000 | 1,780,000 | 2,972,000 | 4,161,000 |
| Income tax | 169,000 | 426,000 | 719,000 | 996,000 |
| Net income | 523,000 | 1,354,000 | 2,253,000 | 3,165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,682,000 | 39,546,000 | 40,445,000 | 39,357,000 |
| Total capital | 40,892,000 | 41,950,000 | 42,874,000 | 41,881,000 |
| Risk-weighted assets | 175,043,000 | 190,740,000 | 192,693,000 | 200,396,000 |