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Midwest Heritage Bank, FSB
Midwest Heritage Bank, FSB
RSSD ID 203043 | CERTIFICATE 4432 | ABA NUMBER 73902436 |
3580 Ep True Pkwy |
Quarter Ended : |
2025-03-31 |
West Des Moines, Iowa, 50265 |
Updated : |
2025-04-25 |
www.midwestheritage.com |
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Institution Profile |
Year Opened : |
1930 |
Institution Type : |
Savings bank |
Entity Type : |
Federal |
Federal Regulator : |
OCC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
041 |
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Specialization : |
All Other Under 1 Billion |
Number of Offices : |
9 |
Number of Employees : |
150 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 489,559 |
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Total Interest Income | 6,498 |
Total Liabilities | 428,003 |
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Total NonInterest Income | 6,679 |
Total Bank Equity Capital | 61,556 |
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Total Interest Expense | 2,405 |
Total Deposits | 381,692 |
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Total NonInterest Expense | 6,091 |
Net Loans & Leases | 362,945 |
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Net Income | 3,418 |
Loan Loss Allowance | 3,810 |
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Net Charge Offs | 32 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 67,006 |
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Total loans | 370,210 |
Total assets for the leverage ratio | 503,167 |
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Loans secured by real estate: | 282,517 |
Tier 1 Leverage Ratio | 12.53 |
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Commercial and industrial loans | 27,849 |
Tier 1 Capital Ratio | 16.09 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 17.09 |
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Loans to individuals - Other | 43,464 |
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