Midwest Bank

Monmouth, IL
IDRSSD: 709143
Total Assets
$697.52M
Latest filing
Total Deposits
$549.10M
Latest filing
Net Interest Margin
3.19%
Profitability

Locations

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Main Office
Midwest Bank
200 E Broadway
Monmouth, IL 61462
Full Service - Brick and Mortar
Updated 11/14/2025Established 09/09/1870FDIC Certificate 2377

Branches (7)

Page 1 of 1
NameAddressCity / State
Midwest Bank (Main)200 E BroadwayMonmouth, IL
ANDALUSIA BRANCH601 8th St EAndalusia, IL
GALESBURG BANKING CENTER BRANCH612 W Main StGalesburg, IL
MERCER COUNTY BANKING CENTER200 Se 13th AveAledo, IL
SEMINARY BANKING CENTER BRANCH2558 N Seminary StGalesburg, IL
MOLINE BRANCH3907 16th StMoline, IL
EAST PEORIA BRANCH300 E Washington StEast Peoria, IL
OQUAWKA BANKING CENTERSixth And Schuyler StreetsOquawka, IL
Showing 7 of 7

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, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date09/09/1870
Community BankYes
Ownership TypeNot Mutual
ZIP61462
State and County Number17187
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameN/A

Operational Info

Number of Employees91
Domestic Offices8
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.mbwi.com
Data Updated11/14/2025
CERT3711
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$697.52M
Total Deposits$549.10M
Total Liabilities$640.60M
Total Equity Capital$56.92M
Net Income$1.63M
Net Loans and Leases$414.33M
Assets Per Employee ($Millions)$7.34M
Bank Premises and Fixed Assets$7.21M
Cash and Balances due from Depository Institutions$19.70M
Deposits Held in Domestic Offices$549.10M

Key Performance Ratios

Return on Assets (ROA)0.94%
Return on Equity (ROE)12.07%
Net Interest Margin3.19%
Efficiency Ratio59.2%
Tier 1 Risk-Based Capital Ratio13.77%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.11%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.161%
Earning Assets to total Assets90.9%

Income and Expense

Total Interest Income$8.08M
Total Noninterest Income$831.00k
Total Interest Expense$3.05M
Total Noninterest Expense$3.47M
Net Interest Income$5.03M
Pre-tax Net Operating Income$2.20M
Provision for Credit Losses$191.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$52.00M
Federal Funds Sold & Reverse Repurchase Agreement$302.00k
Federal Funds Purchased and Repurchased Agreement$35.78M
All Other Liabilities$3.72M
Total Liabilities and Capital$697.52M

Securities

Securities$207.37M
Available-for-sale debt securities$207.37M
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 Midwest Bank?
$697.52M as of the latest filing.
How much are Midwest Bank's total deposits?
$549.10M in total deposits.
Where is Midwest Bank located?
Monmouth, IL.
What is the Net Interest Margin?
3.19%.
How many domestic offices does it operate?
8.
When was it established?
09/09/1870.
What is the Return on Assets (ROA)?
0.94%.
How much are total loans and leases?
$414.33M (latest filing).
What is the total interest income (latest filing)?
$8.08M.