Financials (Report of Condition)

The following report is represents the financial position of Bank Midwest at the close of business on March 31, 2020.

ASSETS $ Amount in Thousands
Cash & balances due: Noninterest-bearing balances 13,060
Cash & balances due: Interest-bearing balances 39,421
Securities: Held-to-maturity securities 0
Securities: Available-for-sale securities 97,092
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 1,918
Loans and leases held for investment 778,516
Less: Allowance for loan and lease losses 9,679
Loans and leases held for investment, net of allowance 768,837
Trading assets 0
Premises and fixed assets 22,490
Other real estate owned 0
Investments in unconsolidated subsidiaries and associated companies 0
Direct and indirect investments in real estate ventures 0
Intangible assets 7,022
Other assets 27,340
TOTAL ASSETS 977,180
LIABILITIES $ Amount in Thousands
Deposits: In domestic offices 837,725
Deposits: In domestic offices, noninterest-bearing 135,449
Deposits: In domestic offices, interest-bearing 702,276
Federal funds purchased 0
Securities sold under agreements to repurchase 0
Trading liabilities 0
Other borrowed money 40,000
Subordinated notes and debentures 0
Other liabilities 5,565
TOTAL LIABILITIES 883,290
EQUITY CAPITAL $ Amount in Thousands
BANK EQUITY CAPITAL
Perpetual preferred stock and related surplus 0
Common stock 2,100
Surplus 18,433
Retained earnings 72,454
Accumulated and other comprehensive income 903
Other equity capital components 0
Total bank equity capital 93,890
Noncontrolling (minority) interests in consolidated subsidiaries 0
Total equity capital 93,890
TOTAL LIABILITIES AND EQUITY CAPITAL 977,180