|
 |
|
|
 Midwest Bank
Midwest Bank
| RSSD ID 806958 | CERTIFICATE 9737 | ABA NUMBER 91213673 |
| 613 Highway 10 E |
Quarter Ended : |
2025-12-31 |
| Detroit Lakes, Minnesota, 56501 |
Updated : |
2026-02-06 |
| www.midwestbank.net |
|
| 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 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
7 |
Number of Employees : |
103 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 892,840 |
|
Total Interest Income | 53,527 |
| Total Liabilities | 804,130 |
|
Total NonInterest Income | 2,577 |
| Total Bank Equity Capital | 88,710 |
|
Total Interest Expense | 19,525 |
| Total Deposits | 752,502 |
|
Total NonInterest Expense | 17,389 |
| Net Loans & Leases | 792,120 |
|
Net Income | 18,169 |
| Loan Loss Allowance | 6,860 |
|
Net Charge Offs | 20 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 775,456 |
| Total assets for the leverage ratio | 864,353 |
|
Loans secured by real estate: | 547,045 |
| Tier 1 Leverage Ratio | 10.25 |
|
Commercial and industrial loans | 144,812 |
| Off Balance Sheet Exposures (%) | 0.44 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 10,040 |
|
|
|
|
:· Midwest Bank
