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Mid-Central National Bank
Mid-Central National Bank
RSSD ID 773171 | CERTIFICATE 30943 | ABA NUMBER 291270649 |
520 Jefferson St S |
Quarter Ended : |
2025-03-31 |
Wadena, Minnesota, 56482 |
Updated : |
2025-04-29 |
www.midcentralbank.com |
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Institution Profile |
Year Opened : |
1957 |
Institution Type : |
Commercial bank |
Entity Type : |
Federal |
Federal Regulator : |
OCC |
Member Federal Reserve : |
Yes |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Consumer Lending Specialization |
Number of Offices : |
3 |
Number of Employees : |
33 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 121,628 |
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Total Interest Income | 1,591 |
Total Liabilities | 101,281 |
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Total NonInterest Income | 195 |
Total Bank Equity Capital | 20,347 |
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Total Interest Expense | 256 |
Total Deposits | 100,209 |
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Total NonInterest Expense | 1,230 |
Net Loans & Leases | 82,320 |
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Net Income | 191 |
Loan Loss Allowance | 600 |
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Net Charge Offs | (5) |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 16,551 |
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Total loans | 82,544 |
Total assets for the leverage ratio | 117,443 |
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Loans secured by real estate: | 60,339 |
Tier 1 Leverage Ratio | 13.58 |
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Commercial and industrial loans | 5,076 |
Tier 1 Capital Ratio | 25.36 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 26.31 |
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Loans to individuals - Other | 17,129 |
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