Call reports 2024
BANK MIDWEST — 2024
What BANK MIDWEST 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 | 1,330,625,000 | 1,349,412,000 | 1,351,354,000 | 1,376,433,000 |
| Total loans | 1,060,365,000 | 1,075,443,000 | 1,061,231,000 | 1,078,453,000 |
| Allowance for loan losses | 8,278,000 | 10,202,000 | 10,387,000 | 11,068,000 |
| Securities available for sale | 178,117,000 | 175,413,000 | 178,301,000 | 172,748,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,106,134,000 | 1,139,034,000 | 1,173,679,000 | 1,185,820,000 |
| Interest-bearing deposits | 935,666,000 | 957,852,000 | 1,002,119,000 | 993,465,000 |
| Noninterest-bearing deposits | 170,468,000 | 181,182,000 | 171,560,000 | 192,355,000 |
| Equity capital | 110,161,000 | 111,508,000 | 116,870,000 | 115,589,000 |
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 | 17,879,000 | 36,599,000 | 55,555,000 | 74,410,000 |
| Interest expense | 7,695,000 | 16,071,000 | 24,650,000 | 32,958,000 |
| Net interest income | 10,184,000 | 20,528,000 | 30,905,000 | 41,452,000 |
| Noninterest income | 3,151,000 | 5,859,000 | 8,826,000 | 10,768,000 |
| Noninterest expense | 9,497,000 | 18,769,000 | 28,067,000 | 37,410,000 |
| Provision for loan losses | 390,000 | 3,063,000 | 6,103,000 | 7,739,000 |
| Pretax income | 3,448,000 | 6,088,000 | 7,094,000 | 8,793,000 |
| Income tax | 859,000 | 1,355,000 | 1,067,000 | 1,355,000 |
| Net income | 2,589,000 | 4,733,000 | 6,027,000 | 7,438,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 122,482,000 | 123,895,000 | 125,208,000 | 126,638,000 |
| Total capital | 132,300,000 | 134,103,000 | 135,601,000 | 137,716,000 |
| Risk-weighted assets | 1,153,336,000 | 1,166,286,000 | 1,160,749,000 | 1,185,694,000 |