Call reports 2014
MIDWEST HERITAGE BANK, FSB — 2014
What MIDWEST HERITAGE BANK, FSB reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 198,435,000 | 188,061,000 | 187,492,000 | 191,162,000 |
| Total loans | 101,749,000 | 113,252,000 | 122,014,000 | 125,123,000 |
| Allowance for loan losses | 701,000 | 796,000 | 900,000 | 1,198,000 |
| Securities available for sale | 47,184,000 | 47,646,000 | 49,586,000 | 48,445,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,340,000 | 159,851,000 | 154,348,000 | 158,327,000 |
| Interest-bearing deposits | 140,602,000 | 130,099,000 | 127,225,000 | 90,446,000 |
| Noninterest-bearing deposits | 30,738,000 | 29,751,000 | 27,123,000 | 67,881,000 |
| Equity capital | 22,283,000 | 22,825,000 | 23,248,000 | 23,947,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,463,000 | 3,044,000 | 4,722,000 | 6,485,000 |
| Interest expense | 128,000 | 249,000 | 365,000 | 482,000 |
| Net interest income | 1,335,000 | 2,795,000 | 4,357,000 | 6,003,000 |
| Noninterest income | 2,486,000 | 4,591,000 | 6,676,000 | 9,325,000 |
| Noninterest expense | 2,758,000 | 5,517,000 | 8,354,000 | 11,294,000 |
| Provision for loan losses | 8,000 | 113,000 | 220,000 | 525,000 |
| Pretax income | 1,053,000 | 1,765,000 | 2,469,000 | 3,519,000 |
| Income tax | 380,000 | 671,000 | 870,000 | 1,243,000 |
| Net income | 673,000 | 1,094,000 | 1,599,000 | 2,276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,071,000 | 19,550,000 | 20,114,000 | 20,856,000 |
| Total capital | 19,772,000 | 20,346,000 | 21,014,000 | 22,054,000 |
| Risk-weighted assets | 106,185,000 | 113,602,000 | 122,176,000 | 125,705,000 |