Financials (Report of Condition)

The following report is represents the financial position of Bank Midwest at the close of business on June 30, 2022.

ASSETS $ Amount in Thousands
Cash & balances due: Noninterest-bearing balances 15,269
Cash & balances due: Interest-bearing balances 9,178
Securities: Held-to-maturity securities 0
Securities: Available-for-sale securities 239,882
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 3,267
Loans and leases held for investment 873,484
Less: Allowance for loan and lease losses 9,871
Loans and leases held for investment, net of allowance 863,613
Trading assets 0
Premises and fixed assets 20,439
Other real estate owned 0
Investments in unconsolidated subsidiaries and associated companies 0
Direct and indirect investments in real estate ventures 0
Intangible assets 6,790
Other assets 46,205
TOTAL ASSETS 1,204,643
LIABILITIES $ Amount in Thousands
Deposits: In domestic offices 1,041,338
Deposits: In domestic offices, noninterest-bearing 209,824
Deposits: In domestic offices, interest-bearing 831,514
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) 64,200
Subordinated notes and debentures 0
Other liabilities 8,017
TOTAL LIABILITIES 1,113,555
EQUITY CAPITAL $ Amount in Thousands
BANK EQUITY CAPITAL
Perpetual preferred stock and related surplus 0
Common stock 2,100
Surplus 18,433
Retained earnings 95,029
Accumulated and other comprehensive income -24,474
Other equity capital components 0
Total bank equity capital 91,088
Noncontrolling (minority) interests in consolidated subsidiaries 0
Total equity capital 91,088
TOTAL LIABILITIES AND EQUITY CAPITAL 1,204,643