Call reports 2004
MIDWEST BANK, NATIONAL ASSOCIATION — 2004
What MIDWEST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 77,003,000 | 80,440,000 | 83,178,000 | 88,303,000 |
| Total loans | 69,197,000 | 73,338,000 | 73,872,000 | 79,920,000 |
| Allowance for loan losses | 629,000 | 692,000 | 780,000 | 897,000 |
| Securities available for sale | 2,385,000 | 2,083,000 | 2,111,000 | 2,697,000 |
| Securities held to maturity | 0 | 0 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,933,000 | 63,307,000 | 71,314,000 | 71,522,000 |
| Interest-bearing deposits | 54,061,000 | 55,469,000 | 62,354,000 | 62,345,000 |
| Noninterest-bearing deposits | 7,872,000 | 7,838,000 | 8,960,000 | 9,177,000 |
| Equity capital | 7,241,000 | 7,463,000 | 7,685,000 | 7,892,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,092,000 | 2,262,000 | 3,500,000 | 4,787,000 |
| Interest expense | 266,000 | 548,000 | 863,000 | 1,211,000 |
| Net interest income | 826,000 | 1,714,000 | 2,637,000 | 3,576,000 |
| Noninterest income | 110,000 | 227,000 | 326,000 | 420,000 |
| Noninterest expense | 549,000 | 1,102,000 | 1,680,000 | 2,243,000 |
| Provision for loan losses | 50,000 | 110,000 | 235,000 | 365,000 |
| Pretax income | 337,000 | 729,000 | 1,048,000 | 1,388,000 |
| Income tax | 127,000 | 272,000 | 386,000 | 514,000 |
| Net income | 210,000 | 457,000 | 662,000 | 874,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,637,000 | 6,894,000 | 7,121,000 | 7,350,000 |
| Total capital | 7,266,000 | 7,586,000 | 7,901,000 | 8,247,000 |
| Risk-weighted assets | 69,061,000 | 73,106,000 | 74,076,000 | 80,475,000 |