Financials (Report of Condition)

The following report is represents the financial position of Bank Midwest at the close of business on June 30, 2025.

ASSETS $ Amount in Thousands
Cash & balances due: Noninterest-bearing balances 19,661
Cash & balances due: Interest-bearing balances 4,890
Securities: Held-to-maturity securities 0
Securities: Available-for-sale securities 183,839
Securities: Equity securities with readily determinable fair values not held for trading 0
Federal funds sold 0
Securities purchased under agreements to resell 0
Loans and leases held for sale 9,392
Loans and leases held for investment 1,051,854
Less: Allowance for credit losses on loans and leases 11,372
Loans and leases held for investment, net of allowance 1,040,482
Trading assets 0
Premises and fixed assets 27,840
Other real estate owned 0
Investments in unconsolidated subsidiaries and associated companies 0
Direct and indirect investments in real estate ventures 0
Intangible assets 6,560
Other assets 66,503
TOTAL ASSETS 1,359,167
LIABILITIES $ Amount in Thousands
Deposits: In domestic offices 1,159,622
Deposits: In domestic offices, noninterest-bearing 153,126
Deposits: In domestic offices, interest-bearing 1,006,496
Federal funds purchased 18,200
Securities sold under agreements to repurchase 0
Trading liabilities 0
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) 50,000
Subordinated notes and debentures 0
Other liabilities 11,227
TOTAL LIABILITIES 1,239,049
EQUITY CAPITAL $ Amount in Thousands
Perpetual preferred stock and related surplus 0
Common stock 2,100
Surplus 18,433
Retained earnings 115,404
Accumulated and other comprehensive income -15,819
Other equity capital components 0
Total bank equity capital 120,118
Noncontrolling (minority) interests in consolidated subsidiaries 0
Total equity capital 120,118
TOTAL LIABILITIES AND EQUITY CAPITAL 1,359,167