Call reports 2020
MIDWEST BANK — 2020
What MIDWEST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 511,818,000 | 545,267,000 | 579,097,000 | 586,984,000 |
| Total loans | 313,407,000 | 326,940,000 | 329,599,000 | 322,639,000 |
| Allowance for loan losses | 3,659,000 | 3,602,000 | 3,906,000 | 3,847,000 |
| Securities available for sale | 129,337,000 | 151,945,000 | 158,345,000 | 203,569,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 390,396,000 | 414,003,000 | 436,776,000 | 450,000,000 |
| Interest-bearing deposits | 356,964,000 | 370,951,000 | 391,130,000 | 396,714,000 |
| Noninterest-bearing deposits | 33,432,000 | 43,052,000 | 45,645,000 | 53,286,000 |
| Equity capital | 62,562,000 | 68,009,000 | 69,074,000 | 71,746,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 4,959,000 | 9,867,000 | 14,598,000 | 19,418,000 |
| Interest expense | 1,137,000 | 2,156,000 | 3,094,000 | 3,949,000 |
| Net interest income | 3,822,000 | 7,711,000 | 11,504,000 | 15,469,000 |
| Noninterest income | 1,322,000 | 2,877,000 | 4,642,000 | 6,065,000 |
| Noninterest expense | 3,905,000 | 7,482,000 | 11,122,000 | 14,772,000 |
| Provision for loan losses | 225,000 | 1,025,000 | 1,750,000 | 2,500,000 |
| Pretax income | 1,391,000 | 2,447,000 | 3,640,000 | 4,628,000 |
| Income tax | 299,000 | 495,000 | 756,000 | 952,000 |
| Net income | 1,092,000 | 1,952,000 | 2,884,000 | 3,676,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,898,000 | 49,106,000 | 49,582,000 | 51,918,000 |
| Total capital | 51,557,000 | 52,708,000 | 53,488,000 | 55,765,000 |
| Risk-weighted assets | 329,626,000 | 343,535,000 | 340,345,000 | 324,029,000 |