Call reports 2016
MIDWEST HERITAGE BANK, FSB — 2016
What MIDWEST HERITAGE BANK, FSB reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 230,978,000 | 228,398,000 | 237,406,000 | 243,295,000 |
| Total loans | 152,525,000 | 162,929,000 | 170,837,000 | 177,968,000 |
| Allowance for loan losses | 1,507,000 | 1,578,000 | 1,682,000 | 1,768,000 |
| Securities available for sale | 36,485,000 | 33,441,000 | 35,069,000 | 34,680,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,549,000 | 187,758,000 | 182,276,000 | 187,728,000 |
| Interest-bearing deposits | 112,111,000 | 105,680,000 | 102,652,000 | 107,914,000 |
| Noninterest-bearing deposits | 87,438,000 | 82,078,000 | 79,624,000 | 79,814,000 |
| Equity capital | 27,238,000 | 28,084,000 | 28,635,000 | 29,094,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,990,000 | 4,092,000 | 6,281,000 | 8,614,000 |
| Interest expense | 125,000 | 238,000 | 381,000 | 514,000 |
| Net interest income | 1,865,000 | 3,854,000 | 5,900,000 | 8,100,000 |
| Noninterest income | 2,889,000 | 5,508,000 | 8,197,000 | 10,977,000 |
| Noninterest expense | 3,299,000 | 6,704,000 | 10,334,000 | 13,925,000 |
| Provision for loan losses | 82,000 | 177,000 | 292,000 | 398,000 |
| Pretax income | 1,373,000 | 2,481,000 | 3,471,000 | 4,754,000 |
| Income tax | 509,000 | 917,000 | 1,280,000 | 1,751,000 |
| Net income | 864,000 | 1,564,000 | 2,191,000 | 3,003,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,748,000 | 25,428,000 | 26,064,000 | 26,793,000 |
| Total capital | 26,255,000 | 27,006,000 | 27,746,000 | 28,561,000 |
| Risk-weighted assets | 150,347,000 | 160,444,000 | 168,736,000 | 171,263,000 |