Call reports 2003
MIDWEST BANK, NATIONAL ASSOCIATION — 2003
What MIDWEST BANK, NATIONAL ASSOCIATION 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 | 64,133,000 | 62,403,000 | 70,251,000 | 71,987,000 |
| Total loans | 49,515,000 | 52,629,000 | 58,561,000 | 62,571,000 |
| Allowance for loan losses | 510,000 | 528,000 | 570,000 | 596,000 |
| Securities available for sale | 5,193,000 | 4,192,000 | 6,228,000 | 2,876,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,237,000 | 53,313,000 | 55,361,000 | 58,259,000 |
| Interest-bearing deposits | 48,674,000 | 47,474,000 | 47,474,000 | 49,225,000 |
| Noninterest-bearing deposits | 6,563,000 | 5,839,000 | 7,887,000 | 9,034,000 |
| Equity capital | 6,045,000 | 6,241,000 | 6,387,000 | 6,516,000 |
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 | 943,000 | 1,935,000 | 2,976,000 | 4,052,000 |
| Interest expense | 310,000 | 591,000 | 854,000 | 1,116,000 |
| Net interest income | 633,000 | 1,344,000 | 2,122,000 | 2,936,000 |
| Noninterest income | 93,000 | 211,000 | 306,000 | 396,000 |
| Noninterest expense | 442,000 | 943,000 | 1,468,000 | 2,011,000 |
| Provision for loan losses | 55,000 | 75,000 | 155,000 | 185,000 |
| Pretax income | 229,000 | 537,000 | 805,000 | 1,136,000 |
| Income tax | 80,000 | 190,000 | 283,000 | 410,000 |
| Net income | 149,000 | 347,000 | 522,000 | 726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,342,000 | 5,556,000 | 5,749,000 | 5,910,000 |
| Total capital | 5,852,000 | 6,084,000 | 6,319,000 | 6,506,000 |
| Risk-weighted assets | 50,616,000 | 53,069,000 | 60,034,000 | 63,251,000 |