Financials

REPORT OF CONDITION

 

The following report is represents the financial position of Bank Midwest at the close of business on December 31, 2013.

ASSETS $ Amount in Thousands
Cash & balances due: Noninterest-bearing balances 19,161
Cash & balances due: Interest-bearing balances 664
Securities: Held-to-maturity securities 0
Securities: Available-for-sale securities 119,109
Federal funds sold 0
Securities purchased under agreements to resell 0
Loans and leases held for sale 272
Loans and leases, net of unearned income 527,990
Less: Allow ance for loan and lease losses 6,989
Loans and leases, net of unearned income and allow ance 521,001
Trading assets 0
Premises and fixed assets 20,039
Other real estate owned 2,983
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 2,247
Other assets 20,418
Total assets 712,408
LIABILITIES $ Amount in Thousands
Deposits: In domestic offices 585,525
Deposits: In domestic offices, noninterest-bearing 172,950
Deposits: In domestic offices, interest-bearing 412,575
Federal funds purchased 0
Securities sold under agreements to repurchase 27,707
Trading liabilities 0
Other borrowed money 20,775
Subordinated notes and debentures 0
Other liabilities 5,123
Total liabilities 639,130
EQUITY CAPITAL $ Amount in Thousands
Bank Equity Capital
Perpetual preferred stock and related surplus 0
Common stock 2,100
Surplus 18,433
Retained earnings 51,323
Accumulated and other comprehensive income 1,422
Other equity capital components 0
Total bank equity capital 73,278
Noncontrolling (minority) interests in consolidated subsidiaries 0
Total equity capital 73,278
Total liabilities and equity capital 712,408