Call reports 2023
MIDWEST BANK — 2023
What MIDWEST BANK 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 | 650,438,000 | 685,666,000 | 657,386,000 | 669,723,000 |
| Total loans | 360,253,000 | 370,048,000 | 374,420,000 | 385,064,000 |
| Allowance for loan losses | 4,271,000 | 4,253,000 | 4,316,000 | 4,351,000 |
| Securities available for sale | 230,454,000 | 222,505,000 | 210,433,000 | 216,019,000 |
| Securities held to maturity | 576,000 | 576,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 536,106,000 | 541,344,000 | 513,433,000 | 529,767,000 |
| Interest-bearing deposits | 479,881,000 | 489,911,000 | 464,751,000 | 455,712,000 |
| Noninterest-bearing deposits | 56,225,000 | 51,433,000 | 48,682,000 | 74,055,000 |
| Equity capital | 52,936,000 | 52,722,000 | 45,746,000 | 53,581,000 |
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 | 6,081,000 | 12,608,000 | 19,449,000 | 26,143,000 |
| Interest expense | 1,675,000 | 3,963,000 | 6,736,000 | 9,539,000 |
| Net interest income | 4,406,000 | 8,645,000 | 12,713,000 | 16,604,000 |
| Noninterest income | 1,393,000 | 2,801,000 | 3,629,000 | 4,298,000 |
| Noninterest expense | 4,046,000 | 8,085,000 | 11,424,000 | 14,969,000 |
| Provision for loan losses | 150,000 | 225,000 | 300,000 | 375,000 |
| Pretax income | 1,612,000 | 3,158,000 | 4,640,000 | 5,574,000 |
| Income tax | 370,000 | 720,000 | 1,092,000 | 1,297,000 |
| Net income | 1,242,000 | 2,438,000 | 3,548,000 | 4,277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,135,000 | 61,462,000 | 60,844,000 | 61,437,000 |
| Total capital | 65,484,000 | 65,781,000 | 65,226,000 | 65,861,000 |
| Risk-weighted assets | 393,090,000 | 407,892,000 | 405,590,000 | 412,140,000 |