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Midwest Bank
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Midwest Bank
| RSSD ID 806958 | CERTIFICATE 9737 | ABA NUMBER 91213673 |
| 613 Highway 10 E |
Quarter Ended : |
2026-03-31 |
| Detroit Lakes, Minnesota, 56501 |
Updated : |
2026-04-28 |
| www.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 : |
102 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 915,488 |
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Total Interest Income | 14,140 |
| Total Liabilities | 822,981 |
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Total NonInterest Income | 1,352 |
| Total Bank Equity Capital | 92,507 |
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Total Interest Expense | 5,010 |
| Total Deposits | 762,707 |
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Total NonInterest Expense | 4,181 |
| Net Loans & Leases | 817,130 |
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Net Income | 5,581 |
| Loan Loss Allowance | 7,550 |
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Net Charge Offs | 10 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 804,631 |
| Total assets for the leverage ratio | 894,280 |
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Loans secured by real estate: | 560,952 |
| Tier 1 Leverage Ratio | 10.36 |
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Commercial and industrial loans | 151,779 |
| Off Balance Sheet Exposures (%) | 0.18 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 11,394 |
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