Call reports 2024
MIDCOUNTRY BANK — 2024
What MIDCOUNTRY 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 | 1,194,215,000 | 1,163,708,000 | 1,113,680,000 | 1,141,476,000 |
| Total loans | 895,190,000 | 869,883,000 | 820,654,000 | 822,030,000 |
| Allowance for loan losses | 13,751,000 | 13,182,000 | 15,110,000 | 14,070,000 |
| Securities available for sale | 190,018,000 | 192,601,000 | 191,921,000 | 192,195,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 974,334,000 | 946,151,000 | 904,411,000 | 946,325,000 |
| Interest-bearing deposits | 805,529,000 | 781,123,000 | 745,782,000 | 768,429,000 |
| Noninterest-bearing deposits | 168,805,000 | 165,028,000 | 158,629,000 | 177,896,000 |
| Equity capital | 122,609,000 | 123,449,000 | 119,383,000 | 123,220,000 |
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 | 16,403,000 | 32,655,000 | 48,136,000 | 64,335,000 |
| Interest expense | 6,540,000 | 13,212,000 | 19,503,000 | 25,740,000 |
| Net interest income | 9,863,000 | 19,443,000 | 28,633,000 | 38,595,000 |
| Noninterest income | 1,058,000 | 2,795,000 | 3,697,000 | 5,480,000 |
| Noninterest expense | 7,345,000 | 14,529,000 | 21,106,000 | 29,352,000 |
| Provision for loan losses | 5,238,000 | 6,464,000 | 21,923,000 | 22,616,000 |
| Pretax income | -1,670,000 | 1,232,000 | -10,676,000 | -8,655,000 |
| Income tax | -462,000 | 343,000 | -2,951,000 | -2,396,000 |
| Net income | -1,208,000 | 889,000 | -7,725,000 | -6,259,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,538,000 | 131,558,000 | 123,118,000 | 128,618,000 |
| Total capital | 143,241,000 | 143,843,000 | 134,780,000 | 140,319,000 |
| Risk-weighted assets | 1,015,074,000 | 981,807,000 | 929,408,000 | 933,590,000 |