Financials (Report of Condition)

The following report is represents the financial position of Bank Midwest at the close of business on September 30, 2019.

ASSETS $ Amount in Thousands
Cash & balances due: Noninterest-bearing balances 16,049
Cash & balances due: Interest-bearing balances 38,566
Securities: Held-to-maturity securities 0
Securities: Available-for-sale securities 103,708
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 2,139
Loans and leases held for investment 729,736
Less: Allowance for loan and lease losses 8,789
Loans and leases held for investment, net of allowance 720,947
Trading assets 0
Premises and fixed assets 23,069
Other real estate owned 0
Investments in unconsolidated subsidiaries and associated companies 0
Direct and indirect investments in real estate ventures 0
Intangible assets 7,118
Other assets 27,605
TOTAL ASSETS 939,201
LIABILITIES $ Amount in Thousands
Deposits: In domestic offices 833,068
Deposits: In domestic offices, noninterest-bearing 136,530
Deposits: In domestic offices, interest-bearing 696,538
Federal funds purchased 0
Securities sold under agreements to repurchase 0
Trading liabilities 0
Other borrowed money 10,000
Subordinated notes and debentures 0
Other liabilities 4,816
TOTAL LIABILITIES 847,884
EQUITY CAPITAL $ Amount in Thousands
BANK EQUITY CAPITAL
Perpetual preferred stock and related surplus 0
Common stock 2,100
Surplus 18,433
Retained earnings 69,755
Accumulated and other comprehensive income 1,029
Other equity capital components 0
Total bank equity capital 91,317
Noncontrolling (minority) interests in consolidated subsidiaries 0
Total equity capital 91,317
TOTAL LIABILITIES AND EQUITY CAPITAL 939,201