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Midwestone Financial Group Inc (MOFG) Annual Income Statement

Annual · GAAP · USD millions
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The data below summarizes Midwestone Financial Group Inc's income statement results from Dec 31 2020 to Dec 31 2024, enabling period-by-period comparison of operating performance.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2024)
2024 		(Dec 31 2023) (Dec 31 2022) (Dec 31 2021) (Dec 31 2020)
Revenues
Interest and Fee Income, Loans and Leases244.57
Interest and Dividend Income, Securities, Operating5.71
Other Interest and Dividend Income5.21
Other Income38.79
Total Interest Income294.27
Interest Expense, Deposits113.11
Interest Expense, Short-term Borrowing15.54
Net Interest (-)Expense / Income-136.74
Net Interest Income157.54
Provision for loan losses8.78
Total Net Interest Income148.76
Profit (Loss) from Real Estate Operations0.88
Other Non-interest Income13.35
Other Non-Interest Income-102.48
Total Non-interest Income-88.25
Total Revenues60.51
Costs & Expenses
Salaries & employee benefits, SGA2.65
Restructuring, Accretion & impairment charges0.00
Depreciation & Amortization6.15
Communications, Occupancy and Information Technology16.77
Professional Fees9.11
Federal Deposit Insurance Corporation Premium Expense3.90
Other Noninterest Expense11.50
Other loss /-income94.43
Total Operating Expenses144.50
Total Costs & Expenses273.15
Income & Taxes
Income /-loss before income taxes-83.99
Income taxes expenses/-benefit-23.70
Income after income taxes-60.29
Net income/-loss of other equity0.00
Income /-loss after income taxes-60.29
Net Income/-loss-60.29
Income/-loss to shareholder-60.29
Earnings Per Share
Basic EPS (excl. extra items)-3.54
Basic Net EPS-3.54
Basic shares outstanding (Mill. of Units)17.03
Diluted Net EPS-3.54
Diluted average shares (Mill. of Units)17.03
Dividend per share0.97
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About Midwestone Financial Group Inc Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: March 11, 2025
  • Original filing: mofg-20241231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.