Call reports 2020
MIDWEST HERITAGE BANK, FSB — 2020
What MIDWEST HERITAGE BANK, FSB 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 | 291,041,000 | 325,863,000 | 310,743,000 | 329,731,000 |
| Total loans | 212,322,000 | 226,125,000 | 231,989,000 | 244,124,000 |
| Allowance for loan losses | 2,222,000 | 2,375,000 | 2,370,000 | 2,459,000 |
| Securities available for sale | 28,957,000 | 33,078,000 | 36,476,000 | 35,631,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 247,489,000 | 277,273,000 | 261,249,000 | 272,704,000 |
| Interest-bearing deposits | 189,230,000 | 199,451,000 | 195,149,000 | 219,428,000 |
| Noninterest-bearing deposits | 58,259,000 | 77,822,000 | 66,100,000 | 53,276,000 |
| Equity capital | 37,653,000 | 40,950,000 | 42,595,000 | 43,818,000 |
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 | 3,037,000 | 6,021,000 | 8,912,000 | 11,868,000 |
| Interest expense | 303,000 | 523,000 | 718,000 | 904,000 |
| Net interest income | 2,734,000 | 5,498,000 | 8,194,000 | 10,964,000 |
| Noninterest income | 1,905,000 | 7,328,000 | 11,184,000 | 16,020,000 |
| Noninterest expense | 4,147,000 | 8,110,000 | 12,485,000 | 17,120,000 |
| Provision for loan losses | 40,000 | 225,000 | 225,000 | 225,000 |
| Pretax income | 475,000 | 4,520,000 | 6,697,000 | 9,668,000 |
| Income tax | 87,000 | 1,043,000 | 1,553,000 | 2,249,000 |
| Net income | 388,000 | 3,477,000 | 5,144,000 | 7,419,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,997,000 | 39,123,000 | 40,828,000 | 42,140,000 |
| Total capital | 38,219,000 | 41,498,000 | 43,197,000 | 44,599,000 |
| Risk-weighted assets | 221,624,000 | 215,923,000 | 221,523,000 | 238,940,000 |