Call reports 2023
MIDWEST HERITAGE BANK, FSB — 2023
What MIDWEST HERITAGE BANK, FSB reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 427,444,000 | 428,618,000 | 437,530,000 | 438,684,000 |
| Total loans | 322,024,000 | 331,514,000 | 340,039,000 | 352,353,000 |
| Allowance for loan losses | 3,274,000 | 3,271,000 | 3,061,000 | 3,579,000 |
| Securities available for sale | 55,433,000 | 50,470,000 | 44,982,000 | 41,067,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 354,719,000 | 323,930,000 | 321,222,000 | 319,817,000 |
| Interest-bearing deposits | 267,886,000 | 242,815,000 | 243,924,000 | 241,590,000 |
| Noninterest-bearing deposits | 86,832,000 | 81,115,000 | 77,298,000 | 78,227,000 |
| Equity capital | 46,152,000 | 47,565,000 | 48,601,000 | 51,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,636,000 | 9,558,000 | 14,719,000 | 20,070,000 |
| Interest expense | 1,012,000 | 2,426,000 | 4,465,000 | 6,569,000 |
| Net interest income | 3,624,000 | 7,132,000 | 10,254,000 | 13,501,000 |
| Noninterest income | 4,630,000 | 8,929,000 | 13,814,000 | 18,986,000 |
| Noninterest expense | 5,827,000 | 11,622,000 | 17,405,000 | 23,211,000 |
| Provision for loan losses | 245,000 | 265,000 | 265,000 | 300,000 |
| Pretax income | 2,182,000 | 4,174,000 | 6,398,000 | 8,976,000 |
| Income tax | 523,000 | 1,000,000 | 1,531,000 | 2,150,000 |
| Net income | 1,659,000 | 3,174,000 | 4,867,000 | 6,826,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,629,000 | 50,144,000 | 51,837,000 | 53,318,000 |
| Total capital | 51,903,000 | 53,415,000 | 54,898,000 | 57,021,000 |
| Risk-weighted assets | 344,223,000 | 350,236,000 | 360,856,000 | 374,082,000 |