Call reports 2023
MIDLAND FEDERAL SAVINGS AND LOAN ASSOCIATION — 2023
What MIDLAND FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 119,638,000 | 117,540,000 | 118,249,000 | 116,997,000 |
| Total loans | 25,414,000 | 25,135,000 | 24,656,000 | 24,157,000 |
| Allowance for loan losses | 330,000 | 72,000 | 71,000 | 67,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 54,987,000 | 54,589,000 | 54,216,000 | 53,877,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,593,000 | 107,041,000 | 107,475,000 | 106,108,000 |
| Interest-bearing deposits | 89,688,000 | 87,004,000 | 87,432,000 | 87,082,000 |
| Noninterest-bearing deposits | 19,905,000 | 20,037,000 | 20,043,000 | 19,026,000 |
| Equity capital | 9,490,000 | 9,878,000 | 10,182,000 | 10,251,000 |
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 | 892,000 | 1,794,000 | 2,739,000 | 3,688,000 |
| Interest expense | 62,000 | 144,000 | 244,000 | 367,000 |
| Net interest income | 830,000 | 1,650,000 | 2,495,000 | 3,321,000 |
| Noninterest income | 44,000 | 92,000 | 158,000 | 203,000 |
| Noninterest expense | 714,000 | 1,474,000 | 2,354,000 | 3,160,000 |
| Provision for loan losses | 0 | -275,000 | -275,000 | -275,000 |
| Pretax income | 160,000 | 543,000 | 842,000 | 907,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 160,000 | 543,000 | 842,000 | 907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,600,000 | 9,984,000 | 10,283,000 | 10,348,000 |
| Total capital | 9,879,000 | 10,056,000 | 10,354,000 | 10,415,000 |
| Risk-weighted assets | 22,274,000 | 22,114,000 | 21,716,000 | 21,586,000 |