Call reports 2002
MIDWEST GUARANTY BANK — 2002
What MIDWEST GUARANTY BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 171,334,000 | 180,488,000 | 186,647,000 | 202,268,000 |
| Total loans | 134,353,000 | 144,949,000 | 150,455,000 | 160,656,000 |
| Allowance for loan losses | 2,340,000 | 2,502,000 | 2,561,000 | 2,640,000 |
| Securities available for sale | 15,230,000 | 15,272,000 | 14,931,000 | 27,065,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,596,000 | 162,274,000 | 167,814,000 | 174,302,000 |
| Interest-bearing deposits | 110,296,000 | 115,927,000 | 123,090,000 | 121,632,000 |
| Noninterest-bearing deposits | 43,300,000 | 46,347,000 | 44,724,000 | 52,670,000 |
| Equity capital | 14,299,000 | 14,885,000 | 15,553,000 | 17,015,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,673,000 | 5,466,000 | 8,367,000 | 11,473,000 |
| Interest expense | 525,000 | 1,057,000 | 1,602,000 | 2,185,000 |
| Net interest income | 2,148,000 | 4,409,000 | 6,765,000 | 9,288,000 |
| Noninterest income | 313,000 | 612,000 | 929,000 | 1,287,000 |
| Noninterest expense | 1,822,000 | 3,609,000 | 5,437,000 | 7,329,000 |
| Provision for loan losses | 158,000 | 315,000 | 473,000 | 590,000 |
| Pretax income | 510,000 | 1,126,000 | 1,813,000 | 2,685,000 |
| Income tax | 151,000 | 328,000 | 530,000 | 795,000 |
| Net income | 359,000 | 798,000 | 1,283,000 | 1,890,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,054,000 | 14,496,000 | 15,065,000 | 16,645,000 |
| Total capital | 15,907,000 | 16,493,000 | 17,121,000 | 18,846,000 |
| Risk-weighted assets | 147,737,000 | 158,870,000 | 163,936,000 | 175,605,000 |