Call reports 2024
GREAT MIDWEST BANK, STATE SAVINGS BANK — 2024
What GREAT MIDWEST BANK, STATE SAVINGS 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 | 992,066,000 | 989,967,000 | 1,004,535,000 | 981,030,000 |
| Total loans | 880,528,000 | 877,899,000 | 873,250,000 | 873,380,000 |
| Allowance for loan losses | 4,005,000 | 4,007,000 | 4,007,000 | 4,008,000 |
| Securities available for sale | 52,908,000 | 53,747,000 | 54,224,000 | 51,331,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 589,083,000 | 590,418,000 | 615,796,000 | 592,428,000 |
| Interest-bearing deposits | 542,740,000 | 539,213,000 | 560,585,000 | 535,178,000 |
| Noninterest-bearing deposits | 46,343,000 | 51,205,000 | 55,211,000 | 57,250,000 |
| Equity capital | 153,957,000 | 154,787,000 | 157,365,000 | 157,189,000 |
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 | 11,525,000 | 23,539,000 | 35,854,000 | 49,226,000 |
| Interest expense | 6,858,000 | 14,058,000 | 21,517,000 | 28,920,000 |
| Net interest income | 4,667,000 | 9,481,000 | 14,337,000 | 20,306,000 |
| Noninterest income | 898,000 | 1,462,000 | 2,292,000 | 2,933,000 |
| Noninterest expense | 4,293,000 | 8,473,000 | 12,563,000 | 17,731,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,286,000 | 2,478,000 | 4,112,000 | 5,542,000 |
| Income tax | 351,000 | 640,000 | 1,055,000 | 1,479,000 |
| Net income | 935,000 | 1,838,000 | 3,057,000 | 4,063,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 157,517,000 | 158,420,000 | 159,639,000 | 160,645,000 |