Midwestone financial group, inc. (MOFG)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash and due from banks

60

67

79

72

40

43

49

41

39

44

39

46

33

41

45

33

40

44

50

40

18

23

23

21

25

24

25

22

21

30

27

23

27

28

25

23

13

Interest earning deposits in banks

58

6

6

47

2

1

4

1

2

5

2

3

19

1

6

75

20

2

41

6

1

0

43

0

9

0

0

0

0

16

23

7

21

4

13

18

6

Federal funds sold

6

0

0

-

-

0

0

0

0

0

-

-

1

-

0

2

0

0

0

0

1

-

-

-

0

-

0

0

0

0

-

-

3

0

2

0

0

Total cash and cash equivalents

125

73

86

120

42

45

53

43

42

50

42

49

54

43

51

110

60

47

92

46

21

23

67

22

35

24

26

23

21

47

50

30

52

32

41

41

20

Equity securities at fair value

-

-

-

-

-

-

-

-

-

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity securities, at fair value

-

-

-

-

-

-

2

2

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt securities available for sale at fair value

881

785

503

460

432

414

407

438

446

445

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

9

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Available for sale

-

-

-

-

-

-

-

-

-

-

427

442

471

477

436

370

387

427

415

429

408

474

490

472

496

498

490

509

572

557

509

547

551

534

491

501

461

Held to maturity securities at amortized cost (fair value of $0 and $192,564)

-

-

190

193

195

195

191

192

194

195

183

182

174

168

151

125

118

118

102

98

54

51

44

42

33

32

32

33

32

32

25

6

7

2

2

2

4

Total securities held for investment

-

-

693

653

628

609

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

7

4

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross loans held for investment

3,440

3,469

3,545

3,569

2,409

2,405

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned income, net

15

17

21

32

5

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

1

1

0

0

0

1

0

4

2

5

1

3

4

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

2

-

0

1

0

0

0

1

0

1

1

0

0

1

1

0

0

Loans held for investment, net of unearned income

-

-

3,524

3,536

2,403

2,398

2,377

2,364

-

2,286

-

-

-

-

-

-

-

-

2,137

2,108

1,176

-

1,101

1,085

1,072

1,088

1,076

1,061

1,041

1,035

1,011

996

981

986

955

958

938

Allowance for loan losses

-

-

31

28

29

29

-

-

-

-

-

-

-

-

-

-

-

-

18

17

16

-

16

16

16

16

16

16

16

15

15

15

15

15

15

15

15

Loans held for investment, net of unearned income

3,425

3,451

-

-

-

-

-

-

2,326

-

2,263

2,197

2,165

2,165

2,141

2,168

2,172

2,151

-

-

-

1,132

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for credit losses

51

29

-

-

-

-

31

30

29

28

26

22

22

21

21

21

20

19

-

-

-

16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total loans held for investment, net

3,374

3,422

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total loans held for investment, net

-

-

3,493

3,507

2,374

2,369

2,346

2,333

2,296

2,258

2,237

2,174

2,142

2,143

2,120

2,146

2,152

2,132

-

-

-

1,116

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,118

2,091

1,159

-

1,085

1,069

1,056

1,072

1,060

1,044

1,025

1,019

995

980

965

970

940

942

922

Loan pool participations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

19

20

21

23

25

28

29

32

35

37

42

45

50

53

56

65

Premises and equipment, net

89

90

91

93

75

75

76

78

77

75

75

74

75

75

75

76

75

76

74

71

39

37

34

32

29

27

26

26

25

25

25

24

25

26

25

25

26

Accrued interest receivable

-

-

-

-

-

-

14

13

13

14

13

12

12

13

13

12

11

13

13

12

9

10

10

9

9

10

10

9

9

10

11

9

9

10

10

9

10

Goodwill

93

91

93

93

64

64

64

64

64

64

64

64

64

64

64

64

64

64

63

56

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other intangible assets, net

30

32

33

36

9

9

10

10

11

12

12

13

14

15

16

17

18

19

20

22

8

8

8

8

8

8

8

9

9

9

9

9

10

10

10

10

11

Bank-owned life insurance

-

-

-

-

-

-

60

60

59

59

59

47

47

47

46

46

46

46

45

45

38

38

29

30

29

29

29

29

28

28

28

28

27

27

27

27

26

Foreclosed assets, net

0

3

4

4

0

0

0

0

1

2

1

1

1

2

3

4

6

8

8

8

1

1

1

1

1

1

1

2

3

3

3

3

3

4

3

3

3

Deferred income taxes

-

-

-

-

-

-

9

9

7

6

6

5

6

6

1

-

0

0

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

3

2

-

3

3

4

8

7

5

1

0

0

0

3

3

1

3

6

Other assets

157

147

144

148

113

115

27

27

22

22

20

19

17

18

18

21

21

21

20

27

13

14

15

14

15

14

16

17

21

20

21

22

21

21

21

20

19

Total assets

4,763

4,653

4,648

4,662

3,308

3,291

3,267

3,276

3,241

3,212

3,144

3,091

3,083

3,079

3,001

3,002

2,964

2,979

2,981

2,922

1,777

1,800

1,812

1,729

1,745

1,755

1,738

1,741

1,785

1,792

1,721

1,707

1,725

1,695

1,632

1,645

1,581

LIABILITIES AND SHAREHOLDERS' EQUITY
Noninterest bearing deposits

637

662

673

647

426

439

-

-

-

461

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest bearing deposits

3,222

3,066

3,035

3,078

2,258

2,173

-

-

-

2,143

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-interest-bearing demand

-

-

-

-

-

-

458

469

450

-

477

476

481

494

493

536

513

559

532

528

212

214

211

205

206

222

201

207

175

190

171

177

164

161

142

153

129

Interest-bearing checking

-

-

-

-

-

-

1,236

1,183

1,240

-

1,137

1,131

1,164

1,136

1,114

1,073

1,075

1,064

828

994

628

618

611

578

620

592

576

578

590

582

519

501

536

499

481

461

442

Savings

-

-

-

-

-

-

211

216

215

-

203

203

203

197

196

195

194

189

425

187

106

102

101

103

101

94

94

95

95

91

-

-

79

71

68

77

74

Savings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

85

80

-

-

-

-

-

Certificates of deposit under $100,000

-

-

-

-

-

-

348

341

332

-

324

325

326

326

332

336

337

348

368

375

229

235

241

242

243

256

270

278

298

312

320

326

337

346

360

369

380

Certificates of deposit $100,000 and over

-

-

-

-

-

-

377

392

392

-

347

356

354

325

308

321

308

301

313

318

230

237

265

217

204

209

179

177

213

222

231

235

226

226

213

195

191

Total deposits

3,859

3,728

3,709

3,725

2,684

2,612

2,632

2,604

2,631

2,605

2,490

2,493

2,530

2,480

2,445

2,463

2,429

2,463

2,468

2,404

1,408

1,408

1,431

1,347

1,375

1,374

1,321

1,336

1,373

1,399

1,328

1,321

1,344

1,306

1,266

1,256

1,219

Short-term borrowings

129

139

155

153

76

131

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds purchased

-

-

-

-

-

-

19

52

25

1

16

45

0

35

19

0

0

1

0

24

8

17

1

4

0

5

8

2

1

0

0

0

0

8

-

-

0

Securities sold under agreements to repurchase

-

-

-

-

-

-

68

75

67

96

87

60

67

82

63

60

57

67

69

67

55

60

61

57

52

61

58

57

54

68

62

52

50

48

41

48

50

Federal Home Loan Bank borrowings

-

-

-

-

-

-

143

143

123

115

145

90

95

115

100

107

112

87

87

78

78

93

100

103

108

106

145

143

152

120

130

130

136

140

138

144

127

Junior subordinated notes issued to capital trusts

-

-

-

-

-

-

23

23

23

23

23

23

23

23

23

23

23

23

23

23

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

Long-term debt

-

-

-

-

-

-

8

10

11

12

13

15

16

17

18

20

21

22

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

209

231

244

252

162

168

-

-

-

-

-

-

-

-

-

-

-

-

23

25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation liability

-

-

-

-

-

-

5

5

5

5

5

5

5

5

5

5

5

5

5

5

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

Accrued interest payable

-

-

-

-

-

-

2

1

1

1

1

1

1

1

1

1

1

1

1

2

0

0

0

0

0

0

1

1

1

1

1

1

1

1

1

1

1

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Other liabilities

64

44

40

42

21

21

15

14

10

11

13

13

15

12

14

15

11

11

12

14

10

8

8

10

6

8

8

9

6

9

7

16

14

14

7

6

5

Total liabilities

4,263

4,144

4,150

4,174

2,945

2,934

2,918

2,930

2,900

2,871

2,797

2,748

2,756

2,774

2,692

2,696

2,662

2,683

2,691

2,644

1,580

1,607

1,623

1,543

1,562

1,577

1,562

1,569

1,608

1,618

1,550

1,540

1,566

1,538

1,475

1,476

1,422

Commitments and contingencies (Note 18)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Shareholders' equity
Shareholders' equity
Preferred stock, no par value; authorized 500,000 shares; no shares issued and outstanding

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

15

15

Common stock, $1.00 par value; authorized 30,000,000 shares; issued shares of 16,581,017 and 16,581,017; outstanding shares of 16,089,782 and 16,162,176

16

16

16

16

12

12

12

12

12

12

12

12

12

11

11

11

11

11

11

11

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

Additional paid-in capital

299

297

297

296

187

187

187

187

187

187

187

187

179

163

163

163

163

163

163

157

80

80

80

80

80

80

80

80

80

80

80

80

80

80

80

81

81

Retained earnings

190

201

191

181

173

168

163

159

153

148

151

147

141

136

134

130

127

123

117

111

108

105

102

98

95

91

88

84

83

77

76

72

70

66

63

60

55

Treasury stock at cost, 491,235 and 418,841

12

10

9

8

7

6

5

5

5

5

5

5

5

5

5

5

6

6

6

6

6

6

7

5

4

3

3

3

3

3

3

3

3

2

1

0

1

Accumulated other comprehensive income

6

4

3

1

-2

-5

-9

-7

-6

-2

0

1

-0

-1

5

5

5

3

4

3

6

5

4

4

2

1

2

2

7

11

9

8

3

3

5

3

-1

Total shareholders' equity

500

508

497

488

363

357

349

346

341

340

346

342

327

305

309

305

301

296

290

277

197

192

188

186

183

178

175

172

176

173

171

166

159

156

-

-

-

Total shareholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

156

168

158

Total liabilities and shareholders' equity

4,763

4,653

4,648

4,662

3,308

3,291

3,267

3,276

3,241

3,212

3,144

3,091

3,083

3,079

3,001

3,002

2,964

2,979

2,981

2,922

1,777

1,800

1,812

1,729

1,745

1,755

1,738

1,741

1,785

1,792

1,721

1,707

1,725

1,695

1,632

1,645

1,581