Financials (Report of Condition)

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

ASSETS $ Amount in Thousands
Cash & balances due: Noninterest-bearing balances 12,113
Cash & balances due: Interest-bearing balances 113,324
Securities: Held-to-maturity securities 0
Securities: Available-for-sale securities 83,948
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 17,587
Loans and leases held for investment 812,265
Less: Allowance for loan and lease losses 11,383
Loans and leases held for investment, net of allowance 800,882
Trading assets 0
Premises and fixed assets 21,946
Other real estate owned 0
Investments in unconsolidated subsidiaries and associated companies 0
Direct and indirect investments in real estate ventures 0
Intangible assets 6,965
Other assets 27,448
TOTAL ASSETS 1,084,213
LIABILITIES $ Amount in Thousands
Deposits: In domestic offices 977,058
Deposits: In domestic offices, noninterest-bearing 162,718
Deposits: In domestic offices, interest-bearing 814,340
Federal funds purchased 0
Securities sold under agreements to repurchase 0
Trading liabilities 0
Other borrowed money 0
Subordinated notes and debentures 0
Other liabilities 6,390
TOTAL LIABILITIES 983,448
EQUITY CAPITAL $ Amount in Thousands
BANK EQUITY CAPITAL
Perpetual preferred stock and related surplus 0
Common stock 2,100
Surplus 18,433
Retained earnings 77,652
Accumulated and other comprehensive income 2,580
Other equity capital components 0
Total bank equity capital 100,765
Noncontrolling (minority) interests in consolidated subsidiaries 0
Total equity capital 100,765
TOTAL LIABILITIES AND EQUITY CAPITAL 1,084,213