Call reports 2002
MIDWEST BANK, NATIONAL ASSOCIATION — 2002
What MIDWEST BANK, NATIONAL ASSOCIATION 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 | 54,134,000 | 54,894,000 | 55,740,000 | 58,221,000 |
| Total loans | 42,189,000 | 43,797,000 | 46,667,000 | 45,328,000 |
| Allowance for loan losses | 394,000 | 397,000 | 425,000 | 451,000 |
| Securities available for sale | 7,926,000 | 7,761,000 | 6,195,000 | 6,143,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,171,000 | 43,838,000 | 47,264,000 | 49,461,000 |
| Interest-bearing deposits | 38,588,000 | 38,501,000 | 41,831,000 | 42,442,000 |
| Noninterest-bearing deposits | 5,583,000 | 5,337,000 | 5,433,000 | 7,019,000 |
| Equity capital | 4,070,000 | 4,159,000 | 4,284,000 | 5,919,000 |
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 | 964,000 | 1,936,000 | 2,919,000 | 3,876,000 |
| Interest expense | 446,000 | 842,000 | 1,191,000 | 1,511,000 |
| Net interest income | 518,000 | 1,094,000 | 1,728,000 | 2,365,000 |
| Noninterest income | 92,000 | 176,000 | 255,000 | 301,000 |
| Noninterest expense | 350,000 | 740,000 | 1,120,000 | 1,437,000 |
| Provision for loan losses | 20,000 | 70,000 | 100,000 | 130,000 |
| Pretax income | 240,000 | 460,000 | 763,000 | 1,099,000 |
| Income tax | 83,000 | 158,000 | 269,000 | 393,000 |
| Net income | 157,000 | 302,000 | 494,000 | 706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,998,000 | 4,073,000 | 4,205,000 | 5,857,000 |
| Total capital | 4,392,000 | 4,470,000 | 4,630,000 | 6,308,000 |
| Risk-weighted assets | 41,929,000 | 44,006,000 | 45,818,000 | 44,927,000 |