Call reports 2020
MIDWEST BANK — 2020
What MIDWEST 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 | 511,292,000 | 580,790,000 | 611,606,000 | 608,491,000 |
| Total loans | 451,437,000 | 490,767,000 | 484,368,000 | 442,083,000 |
| Allowance for loan losses | 4,928,000 | 6,125,000 | 6,735,000 | 6,982,000 |
| Securities available for sale | 21,147,000 | 18,075,000 | 19,008,000 | 18,315,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 449,841,000 | 519,575,000 | 548,541,000 | 543,868,000 |
| Interest-bearing deposits | 361,791,000 | 397,027,000 | 406,498,000 | 415,882,000 |
| Noninterest-bearing deposits | 88,050,000 | 122,548,000 | 142,043,000 | 127,986,000 |
| Equity capital | 51,071,000 | 50,810,000 | 52,651,000 | 54,154,000 |
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 | 6,195,000 | 12,104,000 | 18,014,000 | 24,100,000 |
| Interest expense | 1,327,000 | 2,438,000 | 3,467,000 | 4,417,000 |
| Net interest income | 4,868,000 | 9,666,000 | 14,547,000 | 19,683,000 |
| Noninterest income | 565,000 | 1,260,000 | 2,174,000 | 2,950,000 |
| Noninterest expense | 2,581,000 | 5,278,000 | 7,842,000 | 10,315,000 |
| Provision for loan losses | 1,850,000 | 3,600,000 | 3,850,000 | 3,850,000 |
| Pretax income | 991,000 | 2,038,000 | 5,019,000 | 8,464,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 10,000 |
| Net income | 981,000 | 2,028,000 | 5,009,000 | 8,454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,444,000 | 49,966,000 | 51,815,000 | 53,373,000 |
| Total capital | 55,372,000 | 55,792,000 | 57,540,000 | 58,723,000 |
| Risk-weighted assets | 466,386,000 | 465,780,000 | 456,961,000 | 426,373,000 |