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 Midwest Bank
Midwest Bank
| RSSD ID 806958 | CERTIFICATE 9737 | ABA NUMBER 91213673 |
| 613 Highway 10 E |
Quarter Ended : |
2025-06-30 |
| Detroit Lakes, Minnesota, 56501 |
Updated : |
2025-07-30 |
| 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 : |
98 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 839,373 |
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Total Interest Income | 25,472 |
| Total Liabilities | 756,306 |
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Total NonInterest Income | 1,114 |
| Total Bank Equity Capital | 83,067 |
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Total Interest Expense | 9,696 |
| Total Deposits | 710,133 |
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Total NonInterest Expense | 8,188 |
| Net Loans & Leases | 735,419 |
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Net Income | 8,335 |
| Loan Loss Allowance | 6,216 |
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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 | 89,591 |
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Total loans | 721,633 |
| Total assets for the leverage ratio | 812,839 |
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Loans secured by real estate: | 506,011 |
| Tier 1 Leverage Ratio | 10.26 |
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Commercial and industrial loans | 125,948 |
| Tier 1 Capital Ratio | 11.07 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.89 |
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Loans to individuals - Other | 9,522 |
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:· Midwest Bank
