Financials

REPORT OF CONDITION

 

The following report is represents the financial position of Bank Midwest at the close of business on December 31, 2014.

ASSETS $ Amount in Thousands
Cash & balances due: Noninterest-bearing balances 18,821
Cash & balances due: Interest-bearing balances 11
Securities: Held-to-maturity securities 0
Securities: Available-for-sale securities 83,186
Federal funds sold 0
Securities purchased under agreements to resell 0
Loans and leases held for sale 538
Loans and leases, net of unearned income 572,248
Less: Allow ance for loan and lease losses 6,321
Loans and leases, net of unearned income and allowance 565,927
Trading assets 0
Premises and fixed assets 19,342
Other real estate owned 2,893
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 1,720
Other assets 21,463
Total assets 720,415
LIABILITIES $ Amount in Thousands
Deposits: In domestic offices 584,816
Deposits: In domestic offices, noninterest-bearing 167,275
Deposits: In domestic offices, interest-bearing 417,541
Federal funds purchased 78
Securities sold under agreements to repurchase 10,769
Trading liabilities 0
Other borrowed money 42,000
Subordinated notes and debentures 0
Other liabilities 4,082
Total liabilities 641,745
EQUITY CAPITAL $ Amount in Thousands
Bank Equity Capital
Perpetual preferred stock and related surplus 0
Common stock 2,100
Surplus 18,433
Retained earnings 55,902
Accumulated and other comprehensive income 2,235
Other equity capital components 0
Total bank equity capital 78,670
Noncontrolling (minority) interests in consolidated subsidiaries 0
Total equity capital 78,670
Total liabilities and equity capital 720,415