Call reports 2022
MIDWEST HERITAGE BANK, FSB — 2022
What MIDWEST HERITAGE BANK, FSB reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 420,994,000 | 409,131,000 | 411,410,000 | 430,704,000 |
| Total loans | 244,537,000 | 266,838,000 | 291,755,000 | 315,910,000 |
| Allowance for loan losses | 2,416,000 | 2,500,000 | 2,772,000 | 3,057,000 |
| Securities available for sale | 77,869,000 | 96,202,000 | 79,889,000 | 68,989,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 370,577,000 | 351,131,000 | 324,143,000 | 309,632,000 |
| Interest-bearing deposits | 287,511,000 | 262,140,000 | 239,026,000 | 223,012,000 |
| Noninterest-bearing deposits | 83,066,000 | 88,991,000 | 85,117,000 | 86,620,000 |
| Equity capital | 45,508,000 | 43,326,000 | 42,200,000 | 43,982,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,025,000 | 6,534,000 | 10,310,000 | 14,553,000 |
| Interest expense | 235,000 | 495,000 | 1,048,000 | 2,129,000 |
| Net interest income | 2,790,000 | 6,039,000 | 9,262,000 | 12,424,000 |
| Noninterest income | 4,238,000 | 6,903,000 | 9,648,000 | 14,438,000 |
| Noninterest expense | 5,754,000 | 11,261,000 | 16,694,000 | 22,498,000 |
| Provision for loan losses | 25,000 | 138,000 | 413,000 | 713,000 |
| Pretax income | 1,249,000 | 1,543,000 | 1,803,000 | 3,651,000 |
| Income tax | 299,000 | 368,000 | 548,000 | 990,000 |
| Net income | 950,000 | 1,175,000 | 1,255,000 | 2,661,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,239,000 | 45,473,000 | 45,562,000 | 46,970,000 |
| Total capital | 48,655,000 | 47,973,000 | 48,334,000 | 50,027,000 |
| Risk-weighted assets | 262,540,000 | 288,118,000 | 312,301,000 | 337,448,000 |