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 |