Call reports 2023
MIDWEST BANK — 2023
What MIDWEST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 675,728,000 | 696,034,000 | 713,364,000 | 737,670,000 |
| Total loans | 508,272,000 | 544,101,000 | 566,699,000 | 591,541,000 |
| Allowance for loan losses | 4,701,000 | 5,181,000 | 5,180,000 | 5,179,000 |
| Securities available for sale | 124,085,000 | 119,260,000 | 116,576,000 | 118,101,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 605,901,000 | 604,299,000 | 615,730,000 | 619,782,000 |
| Interest-bearing deposits | 467,939,000 | 460,446,000 | 476,552,000 | 489,485,000 |
| Noninterest-bearing deposits | 137,962,000 | 143,853,000 | 139,178,000 | 130,297,000 |
| Equity capital | 65,712,000 | 64,262,000 | 65,973,000 | 71,400,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 8,780,000 | 18,548,000 | 28,718,000 | 39,555,000 |
| Interest expense | 2,000,000 | 4,634,000 | 7,822,000 | 11,432,000 |
| Net interest income | 6,780,000 | 13,914,000 | 20,896,000 | 28,123,000 |
| Noninterest income | 467,000 | 961,000 | 1,687,000 | 2,222,000 |
| Noninterest expense | 3,180,000 | 6,348,000 | 9,660,000 | 13,159,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,075,000 | 8,542,000 | 12,941,000 | 17,114,000 |
| Income tax | 12,000 | 12,000 | 12,000 | 12,000 |
| Net income | 4,063,000 | 8,530,000 | 12,929,000 | 17,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,569,000 | 69,919,000 | 71,972,000 | 73,169,000 |
| Total capital | 73,270,000 | 75,100,000 | 77,152,000 | 78,348,000 |
| Risk-weighted assets | 522,594,000 | 561,269,000 | 591,027,000 | 616,454,000 |