Financials (Report of Condition)

The following report is represents the financial position of Bank Midwest at the close of business on June 30, 2020.

ASSETS $ Amount in Thousands
Cash & balances due: Noninterest-bearing balances 12,982
Cash & balances due: Interest-bearing balances 66,980
Securities: Held-to-maturity securities 0
Securities: Available-for-sale securities 89,588
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 7,845
Loans and leases held for investment 827,793
Less: Allowance for loan and lease losses 11,134
Loans and leases held for investment, net of allowance 816,659
Trading assets 0
Premises and fixed assets 22,250
Other real estate owned 0
Investments in unconsolidated subsidiaries and associated companies 0
Direct and indirect investments in real estate ventures 0
Intangible assets 7,000
Other assets 28,014
TOTAL ASSETS 1,051,318
LIABILITIES $ Amount in Thousands
Deposits: In domestic offices 915,691
Deposits: In domestic offices, noninterest-bearing 154,297
Deposits: In domestic offices, interest-bearing 761,394
Federal funds purchased 0
Securities sold under agreements to repurchase 0
Trading liabilities 0
Other borrowed money 30,000
Subordinated notes and debentures 0
Other liabilities 7,615
TOTAL LIABILITIES 953,306
EQUITY CAPITAL $ Amount in Thousands
BANK EQUITY CAPITAL
Perpetual preferred stock and related surplus 0
Common stock 2,100
Surplus 18,433
Retained earnings 74,967
Accumulated and other comprehensive income 2,512
Other equity capital components 0
Total bank equity capital 98,012
Noncontrolling (minority) interests in consolidated subsidiaries 0
Total equity capital 98,012
TOTAL LIABILITIES AND EQUITY CAPITAL 1,051,318