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Midwest Bank
Midwest Bank
RSSD ID 709143 | CERTIFICATE 3711 | ABA NUMBER 71102500 |
200 E Broadway |
Quarter Ended : |
2025-03-31 |
Monmouth, Illinois, 61462 |
Updated : |
2025-04-17 |
www.mbwi.com |
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Institution Profile |
Year Opened : |
1870 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FED |
Member Federal Reserve : |
Yes |
S-Corp : |
No |
Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
Filing Type : |
041 |
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Specialization : |
Agricultural Specialization |
Number of Offices : |
8 |
Number of Employees : |
89 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 673,740 |
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Total Interest Income | 7,322 |
Total Liabilities | 622,892 |
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Total NonInterest Income | 835 |
Total Bank Equity Capital | 50,848 |
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Total Interest Expense | 2,892 |
Total Deposits | 552,271 |
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Total NonInterest Expense | 3,559 |
Net Loans & Leases | 404,349 |
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Net Income | 1,133 |
Loan Loss Allowance | 4,712 |
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Net Charge Offs | 158 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 62,852 |
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Total loans | 405,388 |
Total assets for the leverage ratio | 683,510 |
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Loans secured by real estate: | 272,505 |
Tier 1 Leverage Ratio | 8.49 |
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Commercial and industrial loans | 39,054 |
Tier 1 Capital Ratio | 13.28 |
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Loans to individuals - Credit Cards | 1,105 |
Total Capital Ratio | 14.39 |
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Loans to individuals - Other | 14,467 |
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