Call reports 2008
MIDLAND STATES BANK — 2008
What MIDLAND STATES BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 369,462,000 | 373,567,000 | 406,071,000 | 438,020,000 |
| Total loans | 275,895,000 | 284,233,000 | 305,042,000 | 336,908,000 |
| Allowance for loan losses | 3,396,000 | 3,266,000 | 3,533,000 | 3,718,000 |
| Securities available for sale | 71,249,000 | 69,230,000 | 72,828,000 | 70,646,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 293,121,000 | 291,767,000 | 330,548,000 | 354,272,000 |
| Interest-bearing deposits | 253,296,000 | 245,846,000 | 290,677,000 | 315,442,000 |
| Noninterest-bearing deposits | 39,825,000 | 45,921,000 | 39,871,000 | 38,830,000 |
| Equity capital | 35,745,000 | 35,233,000 | 42,432,000 | 43,213,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,750,000 | 11,128,000 | 16,711,000 | 22,459,000 |
| Interest expense | 2,546,000 | 4,671,000 | 6,945,000 | 9,387,000 |
| Net interest income | 3,204,000 | 6,457,000 | 9,766,000 | 13,072,000 |
| Noninterest income | 633,000 | 1,266,000 | 1,839,000 | 2,383,000 |
| Noninterest expense | 2,749,000 | 5,595,000 | 8,695,000 | 12,193,000 |
| Provision for loan losses | 142,000 | 282,000 | 536,000 | 1,051,000 |
| Pretax income | 942,000 | 1,908,000 | 2,577,000 | 2,414,000 |
| Income tax | 212,000 | 462,000 | 651,000 | 496,000 |
| Net income | 730,000 | 1,446,000 | 1,926,000 | 1,918,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,195,000 | 32,967,000 | 40,003,000 | 37,841,000 |
| Total capital | 35,591,000 | 36,233,000 | 43,536,000 | 41,559,000 |
| Risk-weighted assets | 305,836,000 | 307,513,000 | 338,490,000 | 375,644,000 |