Bank officials said the amount is a 6.3-percent
increase over the same quarter last year. Also, consumer and commercial
deposits for the quarter totaled $448 million over the prior year.
Officials said regulatory
capital and reserves of $1.4 billion accounted for a $134 million
increase over the amount reported last year. With a core capital ratio
of 12.75 percent, bank officials said it would have ranked ninth highest
among the top 100 largest banks in the country based on the prior
quarterly results.
“I’m pleased with the second quarter results and expect solid earnings to continue this year, accompanied by strong organic deposit and loan growth,” said Jeff Records, MidFirst chairman and CEO in a prepared statement.