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Midwest Bank
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Midwest Bank
| RSSD ID 806958 | CERTIFICATE 9737 | ABA NUMBER 91213673 |
| 613 Highway 10 E |
Quarter Ended : |
2026-06-30 |
| Detroit Lakes, Minnesota, 56501 |
Updated : |
2026-07-30 |
| www.midwestbank.net |
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| Institution Profile |
| Year Opened : |
1917 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
7 |
Number of Employees : |
104 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 984,523 |
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Total Interest Income | 29,637 |
| Total Liabilities | 891,125 |
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Total NonInterest Income | 2,457 |
| Total Bank Equity Capital | 93,398 |
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Total Interest Expense | 10,506 |
| Total Deposits | 788,495 |
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Total NonInterest Expense | 8,667 |
| Net Loans & Leases | 880,397 |
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Net Income | 11,713 |
| Loan Loss Allowance | 8,051 |
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Net Charge Offs | 9 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 858,174 |
| Total assets for the leverage ratio | 950,428 |
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Loans secured by real estate: | 583,669 |
| Tier 1 Leverage Ratio | 9.84 |
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Commercial and industrial loans | 170,573 |
| Off Balance Sheet Exposures (%) | 0.17 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 13,469 |
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