Call reports 2003
MIDWEST GUARANTY BANK — 2003
What MIDWEST GUARANTY BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 221,545,000 | 232,113,000 | 233,370,000 | 235,048,000 |
| Total loans | 171,469,000 | 184,366,000 | 191,698,000 | 200,426,000 |
| Allowance for loan losses | 2,805,000 | 2,995,000 | 3,130,000 | 3,170,000 |
| Securities available for sale | 26,371,000 | 24,818,000 | 22,814,000 | 21,293,000 |
| Securities held to maturity | 500,000 | 500,000 | 500,000 | 295,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,205,000 | 202,131,000 | 198,447,000 | 194,330,000 |
| Interest-bearing deposits | 141,680,000 | 146,278,000 | 143,113,000 | 136,379,000 |
| Noninterest-bearing deposits | 51,525,000 | 55,853,000 | 55,334,000 | 57,951,000 |
| Equity capital | 17,514,000 | 19,235,000 | 19,682,000 | 20,426,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,089,000 | 6,355,000 | 9,659,000 | 13,008,000 |
| Interest expense | 567,000 | 1,167,000 | 1,716,000 | 2,272,000 |
| Net interest income | 2,522,000 | 5,188,000 | 7,943,000 | 10,736,000 |
| Noninterest income | 319,000 | 703,000 | 1,279,000 | 1,597,000 |
| Noninterest expense | 1,932,000 | 4,172,000 | 6,213,000 | 8,230,000 |
| Provision for loan losses | 162,000 | 264,000 | 396,000 | 483,000 |
| Pretax income | 747,000 | 1,455,000 | 2,613,000 | 3,620,000 |
| Income tax | 220,000 | 428,000 | 773,000 | 1,084,000 |
| Net income | 527,000 | 1,027,000 | 1,840,000 | 2,536,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,181,000 | 18,600,000 | 19,322,000 | 20,016,000 |
| Total capital | 19,540,000 | 21,110,000 | 21,902,000 | 22,684,000 |
| Risk-weighted assets | 188,295,000 | 200,302,000 | 205,889,000 | 212,937,000 |