Call reports 2024
MIDLAND FEDERAL SAVINGS AND LOAN ASSOCIATION — 2024
What MIDLAND FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 115,869,000 | 114,934,000 | 114,612,000 | 119,816,000 |
| Total loans | 23,653,000 | 22,952,000 | 22,248,000 | 24,835,000 |
| Allowance for loan losses | 67,000 | 67,000 | 67,000 | 67,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 53,555,000 | 50,238,000 | 47,884,000 | 50,972,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,057,000 | 103,967,000 | 103,281,000 | 108,535,000 |
| Interest-bearing deposits | 86,274,000 | 85,627,000 | 86,655,000 | 88,497,000 |
| Noninterest-bearing deposits | 18,783,000 | 18,340,000 | 16,626,000 | 20,038,000 |
| Equity capital | 10,303,000 | 10,394,000 | 10,790,000 | 10,552,000 |
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 | 932,000 | 1,861,000 | 2,792,000 | 3,594,000 |
| Interest expense | 140,000 | 296,000 | 460,000 | 628,000 |
| Net interest income | 792,000 | 1,565,000 | 2,332,000 | 2,966,000 |
| Noninterest income | 37,000 | 67,000 | 125,000 | 151,000 |
| Noninterest expense | 782,000 | 1,498,000 | 4,632,000 | 5,534,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 47,000 | 134,000 | -2,175,000 | -2,417,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 47,000 | 134,000 | -2,175,000 | -2,417,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,395,000 | 10,481,000 | 10,873,000 | 10,552,000 |
| Total capital | 10,462,000 | 10,548,000 | 10,940,000 | 10,619,000 |
| Risk-weighted assets | 21,204,000 | 22,302,000 | 20,699,000 | 25,053,000 |