Financials (Report of Condition)

The following report is represents the financial position of Bank Midwest at the close of business on March 31, 2021.

ASSETS $ Amount in Thousands
Cash & balances due: Noninterest-bearing balances 14,007
Cash & balances due: Interest-bearing balances 44,692
Securities: Held-to-maturity securities 15,000
Securities: Available-for-sale securities 265,468
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 1,965
Loans and leases held for investment 832,291
Less: Allowance for loan and lease losses 9,893
Loans and leases held for investment, net of allowance 822,398
Trading assets 0
Premises and fixed assets 20,630
Other real estate owned 0
Investments in unconsolidated subsidiaries and associated companies 0
Direct and indirect investments in real estate ventures 0
Intangible assets 6,811
Other assets 37,896
TOTAL ASSETS 1,228,867
LIABILITIES $ Amount in Thousands
Deposits: In domestic offices 1,120,154
Deposits: In domestic offices, noninterest-bearing 252,172
Deposits: In domestic offices, interest-bearing 867,982
Federal funds purchased 0
Securities sold under agreements to repurchase 0
Trading liabilities 0
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) 0
Subordinated notes and debentures 0
Other liabilities 8,818
TOTAL LIABILITIES 1,128,972
EQUITY CAPITAL $ Amount in Thousands
BANK EQUITY CAPITAL
Perpetual preferred stock and related surplus 0
Common stock 2,100
Surplus 18,433
Retained earnings 92,681
Accumulated and other comprehensive income -13,319
Other equity capital components 0
Total bank equity capital 99,895
Noncontrolling (minority) interests in consolidated subsidiaries 0
Total equity capital 99,895
TOTAL LIABILITIES AND EQUITY CAPITAL 1,228,867