Call reports 2024
MIDWEST INDEPENDENT BANKERSBANK — 2024
What MIDWEST INDEPENDENT BANKERSBANK 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 | 313,857,000 | 317,364,000 | 317,032,000 | 332,726,000 |
| Total loans | 205,981,000 | 204,360,000 | 218,680,000 | 228,882,000 |
| Allowance for loan losses | 4,524,000 | 4,538,000 | 4,546,000 | 4,513,000 |
| Securities available for sale | 24,964,000 | 26,641,000 | 26,759,000 | 28,506,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,401,000 | 232,288,000 | 214,201,000 | 226,832,000 |
| Interest-bearing deposits | 137,921,000 | 124,154,000 | 111,976,000 | 115,554,000 |
| Noninterest-bearing deposits | 107,480,000 | 108,134,000 | 102,225,000 | 111,278,000 |
| Equity capital | 42,612,000 | 43,571,000 | 45,128,000 | 43,924,000 |
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 | 4,266,000 | 8,489,000 | 12,749,000 | 17,196,000 |
| Interest expense | 1,808,000 | 3,554,000 | 5,301,000 | 6,965,000 |
| Net interest income | 2,458,000 | 4,935,000 | 7,448,000 | 10,231,000 |
| Noninterest income | 1,600,000 | 3,142,000 | 4,754,000 | 6,402,000 |
| Noninterest expense | 2,834,000 | 5,679,000 | 8,549,000 | 11,409,000 |
| Provision for loan losses | 0 | 0 | 0 | -46,000 |
| Pretax income | 1,224,000 | 2,398,000 | 3,653,000 | 5,270,000 |
| Income tax | 258,000 | 544,000 | 795,000 | 1,120,000 |
| Net income | 966,000 | 1,854,000 | 2,858,000 | 4,150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,944,000 | 44,832,000 | 45,836,000 | 44,628,000 |
| Total capital | 47,361,000 | 48,297,000 | 49,470,000 | 48,423,000 |
| Risk-weighted assets | 272,106,000 | 275,986,000 | 289,664,000 | 302,665,000 |