Financials

REPORT OF CONDITION

 

The following report is represents the financial position of Bank Midwest at the close of business on June 30, 2015.

ASSETS $ Amount in Thousands
Cash & balances due: Noninterest-bearing balances 10,738
Cash & balances due: Interest-bearing balances 2,061
Securities: Held-to-maturity securities 0
Securities: Available-for-sale securities 63,292
Federal funds sold 313
Securities purchased under agreements to resell 0
Loans and leases held for sale 446
Loans and leases, net of unearned income 603,656
Less: Allowance for loan and lease losses 6,845
Loans and leases, net of unearned income and allowance 596,811
Trading assets 0
Premises and fixed assets 20,895
Other real estate owned 0
Investments in unconsolidated subsidiaries and associated companies 0
Direct and indirect investments in real estate ventures 0
Intangible assets: Goodwill 6,514
Intangible assets: Other intangible assets 1,592
Other assets 21,027
Total assets 723,689
LIABILITIES $ Amount in Thousands
Deposits: In domestic offices 607,203
Deposits: In domestic offices, noninterest-bearing 147,379
Deposits: In domestic offices, interest-bearing 459,824
Federal funds purchased 0
Securities sold under agreements to repurchase 14,052
Trading liabilities 0
Other borrowed money 18,000
Subordinated notes and debentures 0
Other liabilities 3,870
Total liabilities 643,125
EQUITY CAPITAL $ Amount in Thousands
Bank Equity Capital
Perpetual preferred stock and related surplus 0
Common stock 2,100
Surplus 18,433
Retained earnings 58,319
Accumulated and other comprehensive income 1,712
Other equity capital components 0
Total bank equity capital 80,564
Noncontrolling (minority) interests in consolidated subsidiaries 0
Total equity capital 80,564
Total liabilities and equity capital 723,689