Call reports 2021
MIDWEST HERITAGE BANK, FSB — 2021
What MIDWEST HERITAGE BANK, FSB reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 399,492,000 | 368,151,000 | 360,378,000 | 354,210,000 |
| Total loans | 239,678,000 | 243,428,000 | 247,975,000 | 242,626,000 |
| Allowance for loan losses | 2,449,000 | 2,442,000 | 2,448,000 | 2,403,000 |
| Securities available for sale | 36,525,000 | 37,748,000 | 35,983,000 | 36,926,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 347,751,000 | 317,379,000 | 307,440,000 | 302,416,000 |
| Interest-bearing deposits | 256,809,000 | 235,484,000 | 226,338,000 | 218,378,000 |
| Noninterest-bearing deposits | 90,943,000 | 81,895,000 | 81,103,000 | 84,037,000 |
| Equity capital | 45,136,000 | 45,500,000 | 46,597,000 | 46,397,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,716,000 | 5,613,000 | 8,554,000 | 11,514,000 |
| Interest expense | 220,000 | 431,000 | 619,000 | 760,000 |
| Net interest income | 2,496,000 | 5,182,000 | 7,935,000 | 10,754,000 |
| Noninterest income | 4,292,000 | 9,701,000 | 13,794,000 | 17,697,000 |
| Noninterest expense | 4,723,000 | 9,669,000 | 14,944,000 | 20,338,000 |
| Provision for loan losses | 35,000 | 35,000 | 35,000 | 35,000 |
| Pretax income | 2,030,000 | 5,179,000 | 6,750,000 | 8,078,000 |
| Income tax | 475,000 | 1,214,000 | 1,654,000 | 1,971,000 |
| Net income | 1,555,000 | 3,965,000 | 5,096,000 | 6,107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,732,000 | 44,168,000 | 45,299,000 | 45,279,000 |
| Total capital | 46,181,000 | 46,610,000 | 47,747,000 | 47,682,000 |
| Risk-weighted assets | 240,703,000 | 245,933,000 | 250,981,000 | 253,966,000 |