Bank Midwest, Minnesota Iowa, National Association

Fairmont, MN
IDRSSD: 45551
Total Assets
$1.35B
Latest filing
Total Deposits
$1.16B
Latest filing
Net Interest Margin
3.73%
Profitability
0

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, national (federal) charter, Fed member, and supervised by the OCC
Primary RegulatorOCC
Established Date01/01/1907
Community BankYes
Ownership TypeNot Mutual
ZIP56031
State and County Number27091
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code3
Insured by FDICInstitution closed or not insured by FDIC
Federal Reserve District
Core Based Statistical Area NameFairmont, MN

Operational Info

Number of Employees179
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date01/01/1991
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyBIF
WebsiteN/A
Data Updated11/14/2025
CERT5144
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.35B
Total Deposits$1.16B
Total Liabilities$1.23B
Total Equity Capital$125.69M
Net Income$3.30M
Net Loans and Leases$1.04B
Assets Per Employee ($Millions)$7.95M
Bank Premises and Fixed Assets$27.45M
Cash and Balances due from Depository Institutions$38.57M
Deposits Held in Domestic Offices$1.16B

Key Performance Ratios

Return on Assets (ROA)0.97%
Return on Equity (ROE)10.74%
Net Interest Margin3.73%
Efficiency Ratio63.55%
Tier 1 Risk-Based Capital Ratio11.422%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.28%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.304%
Earning Assets to total Assets92.14%

Income and Expense

Total Interest Income$19.36M
Total Noninterest Income$3.19M
Total Interest Expense$7.80M
Total Noninterest Expense$9.40M
Net Interest Income$11.56M
Pre-tax Net Operating Income$4.40M
Provision for Credit Losses$965.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$81.00k
Other borrowed funds$50.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$10.32M
Total Liabilities and Capital$1.35B

Securities

Securities$186.81M
Available-for-sale debt securities$186.81M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Bank Midwest, Minnesota Iowa, National Association?
$1.35B as of the latest filing.
How much are Bank Midwest, Minnesota Iowa, National Association's total deposits?
$1.16B in total deposits.
Where is Bank Midwest, Minnesota Iowa, National Association located?
Fairmont, MN.
What is the Net Interest Margin?
3.73%.
How many domestic offices does it operate?
1.
When was it established?
01/01/1907.
What is the Return on Assets (ROA)?
0.97%.
How much are total loans and leases?
$1.04B (latest filing).
What is the total interest income (latest filing)?
$19.36M.