Call reports 2020
MIDWESTONE BANK — 2020
What MIDWESTONE BANK 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 | 4,757,120,000 | 5,224,297,000 | 5,323,604,000 | 5,549,659,000 |
| Total loans | 3,435,244,000 | 3,609,087,000 | 3,550,528,000 | 3,542,179,000 |
| Allowance for loan losses | 51,187,000 | 55,644,000 | 58,500,000 | 55,500,000 |
| Securities available for sale | 881,859,000 | 1,187,455,000 | 1,366,344,000 | 1,657,381,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 12,548,000 | 14,490,000 | 13,655,000 | 10,872,000 |
| Total deposits | 3,865,233,000 | 4,274,996,000 | 4,391,349,000 | 4,571,903,000 |
| Interest-bearing deposits | 3,200,274,000 | 3,401,366,000 | 3,525,326,000 | 3,657,798,000 |
| Noninterest-bearing deposits | 664,959,000 | 873,630,000 | 866,023,000 | 914,105,000 |
| Equity capital | 570,837,000 | 595,403,000 | 578,433,000 | 601,467,000 |
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 | 47,626,000 | 94,495,000 | 139,791,000 | 185,411,000 |
| Interest expense | 9,077,000 | 16,364,000 | 22,434,000 | 27,393,000 |
| Net interest income | 38,549,000 | 78,131,000 | 117,357,000 | 158,018,000 |
| Noninterest income | 10,605,000 | 19,391,000 | 29,468,000 | 40,504,000 |
| Noninterest expense | 30,002,000 | 57,982,000 | 117,943,000 | 149,951,000 |
| Provision for loan losses | 19,322,000 | 25,646,000 | 30,343,000 | 27,702,000 |
| Pretax income | -2,499,000 | 13,231,000 | -2,314,000 | 20,440,000 |
| Income tax | -1,830,000 | 1,006,000 | 3,699,000 | 8,194,000 |
| Net income | -669,000 | 12,225,000 | -6,013,000 | 12,246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 455,700,000 | 467,154,000 | 482,406,000 | 500,981,000 |
| Total capital | 500,343,000 | 513,922,000 | 531,541,000 | 547,558,000 |
| Risk-weighted assets | 4,160,650,000 | 4,120,447,000 | 4,105,998,000 | 4,248,698,000 |