Call reports 2024
MIDWEST BANK — 2024
What MIDWEST 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 | 730,028,000 | 771,029,000 | 787,192,000 | 812,646,000 |
| Total loans | 604,227,000 | 646,214,000 | 674,578,000 | 681,818,000 |
| Allowance for loan losses | 5,278,000 | 5,422,000 | 5,725,000 | 5,880,000 |
| Securities available for sale | 100,542,000 | 90,867,000 | 80,761,000 | 69,825,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 623,392,000 | 624,587,000 | 669,330,000 | 705,674,000 |
| Interest-bearing deposits | 506,861,000 | 506,895,000 | 534,686,000 | 574,202,000 |
| Noninterest-bearing deposits | 116,531,000 | 117,692,000 | 134,644,000 | 131,472,000 |
| Equity capital | 74,111,000 | 74,856,000 | 79,192,000 | 80,383,000 |
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 | 11,286,000 | 23,215,000 | 36,069,000 | 48,752,000 |
| Interest expense | 4,220,000 | 9,070,000 | 14,306,000 | 19,298,000 |
| Net interest income | 7,066,000 | 14,145,000 | 21,763,000 | 29,454,000 |
| Noninterest income | 495,000 | 1,013,000 | 1,759,000 | 2,464,000 |
| Noninterest expense | 3,255,000 | 6,520,000 | 9,880,000 | 13,678,000 |
| Provision for loan losses | 0 | 150,000 | 350,000 | 500,000 |
| Pretax income | 4,313,000 | 8,478,000 | 13,294,000 | 17,743,000 |
| Income tax | 12,000 | 12,000 | 12,000 | 12,000 |
| Net income | 4,301,000 | 8,466,000 | 13,282,000 | 17,731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,125,000 | 76,795,000 | 79,845,000 | 81,406,000 |
| Total capital | 81,403,000 | 82,217,000 | 85,570,000 | 87,286,000 |
| Risk-weighted assets | 621,770,000 | 661,457,000 | 684,997,000 | 680,921,000 |
Machine access — free, no API key
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