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Midwest Bank
Midwest Bank
| RSSD ID 806958 | CERTIFICATE 9737 | ABA NUMBER 91213673 |
| 613 Highway 10 E |
Quarter Ended : |
2025-09-30 |
| Detroit Lakes, Minnesota, 56501 |
Updated : |
2025-10-30 |
| 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 : |
103 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 846,685 |
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Total Interest Income | 39,316 |
| Total Liabilities | 760,490 |
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Total NonInterest Income | 1,809 |
| Total Bank Equity Capital | 86,195 |
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Total Interest Expense | 14,572 |
| Total Deposits | 723,899 |
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Total NonInterest Expense | 12,563 |
| Net Loans & Leases | 752,716 |
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Net Income | 13,315 |
| Loan Loss Allowance | 6,516 |
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Net Charge Offs | 14 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 92,914 |
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Total loans | 747,452 |
| Total assets for the leverage ratio | 834,950 |
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Loans secured by real estate: | 524,385 |
| Tier 1 Leverage Ratio | 10.35 |
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Commercial and industrial loans | 140,372 |
| Tier 1 Capital Ratio | 11.19 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.03 |
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Loans to individuals - Other | 9,652 |
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