Call reports 2008
MIDWEST BANK — 2008
What MIDWEST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 334,504,000 | 341,934,000 | 346,115,000 | 355,058,000 |
| Total loans | 178,008,000 | 186,469,000 | 188,116,000 | 194,568,000 |
| Allowance for loan losses | 2,052,000 | 2,092,000 | 2,144,000 | 1,778,000 |
| Securities available for sale | 114,431,000 | 112,091,000 | 108,135,000 | 101,197,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,285,000 | 244,915,000 | 243,720,000 | 255,642,000 |
| Interest-bearing deposits | 217,484,000 | 229,295,000 | 229,430,000 | 236,231,000 |
| Noninterest-bearing deposits | 14,801,000 | 15,620,000 | 14,289,000 | 19,411,000 |
| Equity capital | 35,893,000 | 34,680,000 | 36,668,000 | 37,605,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,778,000 | 9,320,000 | 13,792,000 | 18,131,000 |
| Interest expense | 2,687,000 | 5,202,000 | 7,602,000 | 9,824,000 |
| Net interest income | 2,091,000 | 4,118,000 | 6,190,000 | 8,307,000 |
| Noninterest income | 546,000 | 1,198,000 | 2,080,000 | 2,937,000 |
| Noninterest expense | 1,560,000 | 3,353,000 | 5,109,000 | 7,159,000 |
| Provision for loan losses | 64,000 | 128,000 | 193,000 | 1,490,000 |
| Pretax income | 1,013,000 | 2,001,000 | -1,505,000 | -7,505,000 |
| Income tax | 242,000 | 460,000 | -901,000 | -3,459,000 |
| Net income | 771,000 | 1,541,000 | -604,000 | -4,046,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,144,000 | 21,861,000 | 21,020,000 | 21,598,000 |
| Total capital | 23,196,000 | 23,953,000 | 23,164,000 | 23,376,000 |
| Risk-weighted assets | 225,522,000 | 234,758,000 | 228,513,000 | 225,083,000 |