Call reports 2024
MIDWESTONE BANK — 2024
What MIDWESTONE 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 | 6,742,881,000 | 6,577,143,000 | 6,548,024,000 | 6,231,161,000 |
| Total loans | 4,416,975,000 | 4,290,081,000 | 4,332,038,000 | 4,316,376,000 |
| Allowance for loan losses | 55,900,000 | 53,900,000 | 54,000,000 | 55,200,000 |
| Securities available for sale | 797,230,000 | 771,034,000 | 1,623,104,000 | 1,328,433,000 |
| Securities held to maturity | 1,064,939,000 | 1,053,081,000 | 0 | 0 |
| Trading assets | 22,878,000 | 23,702,000 | 23,500,000 | 21,461,000 |
| Total deposits | 5,588,266,000 | 5,420,280,000 | 5,375,181,000 | 5,482,772,000 |
| Interest-bearing deposits | 4,666,160,000 | 4,533,641,000 | 4,454,716,000 | 4,528,271,000 |
| Noninterest-bearing deposits | 922,106,000 | 886,639,000 | 920,465,000 | 954,501,000 |
| Equity capital | 649,220,000 | 648,257,000 | 664,112,000 | 660,512,000 |
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 | 69,771,000 | 142,713,000 | 216,457,000 | 294,826,000 |
| Interest expense | 32,578,000 | 66,786,000 | 100,913,000 | 128,349,000 |
| Net interest income | 37,193,000 | 75,927,000 | 115,544,000 | 166,477,000 |
| Noninterest income | 10,288,000 | 32,886,000 | 43,637,000 | 55,334,000 |
| Noninterest expense | 34,892,000 | 70,899,000 | 106,838,000 | 144,809,000 |
| Provision for loan losses | 4,589,000 | 5,056,000 | 6,891,000 | 8,782,000 |
| Pretax income | 7,913,000 | 31,994,000 | -95,214,000 | -71,753,000 |
| Income tax | 1,715,000 | 7,428,000 | -26,451,000 | -21,310,000 |
| Net income | 6,198,000 | 24,566,000 | -68,763,000 | -50,443,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 617,598,000 | 616,872,000 | 634,121,000 | 631,252,000 |
| Total capital | 675,289,000 | 673,406,000 | 690,462,000 | 688,190,000 |
| Risk-weighted assets | 5,512,432,000 | 5,340,562,000 | 5,359,245,000 | 4,910,239,000 |