Call reports 2024
MID AMERICA BANK — 2024
What MID AMERICA BANK 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 | 989,559,000 | 920,720,000 | 936,446,000 | 979,781,000 |
| Total loans | 723,070,000 | 734,045,000 | 731,967,000 | 727,929,000 |
| Allowance for loan losses | 7,839,000 | 8,167,000 | 8,170,000 | 8,181,000 |
| Securities available for sale | 79,350,000 | 84,780,000 | 89,558,000 | 96,759,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 840,466,000 | 769,667,000 | 789,582,000 | 847,527,000 |
| Interest-bearing deposits | 633,161,000 | 573,660,000 | 591,811,000 | 612,741,000 |
| Noninterest-bearing deposits | 207,305,000 | 196,007,000 | 197,771,000 | 234,786,000 |
| Equity capital | 108,259,000 | 109,531,000 | 114,800,000 | 115,551,000 |
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 | 13,824,000 | 28,006,000 | 42,435,000 | 57,253,000 |
| Interest expense | 3,922,000 | 7,750,000 | 11,631,000 | 15,918,000 |
| Net interest income | 9,902,000 | 20,256,000 | 30,804,000 | 41,335,000 |
| Noninterest income | 798,000 | 1,604,000 | 2,503,000 | 3,368,000 |
| Noninterest expense | 5,628,000 | 11,203,000 | 17,030,000 | 23,524,000 |
| Provision for loan losses | 147,000 | 495,000 | 507,000 | 524,000 |
| Pretax income | 4,866,000 | 9,945,000 | 15,519,000 | 20,041,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,866,000 | 9,945,000 | 15,519,000 | 20,041,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,271,000 | 101,128,000 | 104,321,000 | 106,474,000 |
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