Midwest Heritage Bank, FSB

West Des Moines, IA
IDRSSD: 203043
Total Assets
$478.45M
Latest filing
Total Deposits
$344.14M
Latest filing
Net Interest Margin
3.88%
Profitability

Locations

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Main Office
Midwest Heritage Bank, FSB
3580 Ep True Pkwy
West Des Moines, IA 50265
Full Service - Brick and Mortar
Updated 11/14/2025Established 04/01/1930FDIC Certificate 2928

Branches (8)

Page 1 of 2
NameAddressCity / State
Midwest Heritage Bank, FSB (Main)3580 Ep True PkwyWest Des Moines, IA
WINDSOR HEIGHTS BRANCH7101 University AveWindsor Heights, IA
AMES BRANCH640 Lincoln WayAmes, IA
74TH STREET BRANCH1725 74th StWest Des Moines, IA
URBANDALE BRANCH8701 Douglas AveUrbandale, IA
FLEUR DRIVE4605 Fleur DrDes Moines, IA
CHARITON BRANCH1025 Braden AveChariton, IA
OVERLAND PARK HY-VEE BRANCH8900 W 135th StOverland Park, KS
Showing 7 of 8

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 ClassFederal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS
Primary RegulatorOCC
Established Date04/01/1930
Community BankYes
Ownership TypeNot Mutual
ZIP50265
State and County Number19153
Subchapter S CorporationsNo
Trust PowersTrust Powers Not Granted
Federal Reserve ID Number07
Numeric code33
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameDes Moines-West Des Moines, IA

Operational Info

Number of Employees149
Domestic Offices9
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance02/09/1995
Primary Insurance AgencyDIF
Websitewww.midwestheritage.com
Data Updated11/14/2025
CERT4432
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$478.45M
Total Deposits$344.14M
Total Liabilities$412.22M
Total Equity Capital$66.23M
Net Income$1.73M
Net Loans and Leases$385.96M
Assets Per Employee ($Millions)$3.37M
Bank Premises and Fixed Assets$9.64M
Cash and Balances due from Depository Institutions$15.50M
Deposits Held in Domestic Offices$344.14M

Key Performance Ratios

Return on Assets (ROA)1.42%
Return on Equity (ROE)10.59%
Net Interest Margin3.88%
Efficiency Ratio72.13%
Tier 1 Risk-Based Capital Ratio16.46%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.07%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets13.843%
Earning Assets to total Assets92.23%

Income and Expense

Total Interest Income$6.79M
Total Noninterest Income$4.25M
Total Interest Expense$2.44M
Total Noninterest Expense$6.20M
Net Interest Income$4.35M
Pre-tax Net Operating Income$2.31M
Provision for Credit Losses$80.00k
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$59.09M
Federal Funds Sold & Reverse Repurchase Agreement$5.54M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$8.99M
Total Liabilities and Capital$478.45M

Securities

Securities$39.01M
Available-for-sale debt securities$39.01M
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 Heritage Bank, FSB?
$478.45M as of the latest filing.
How much are Midwest Heritage Bank, FSB's total deposits?
$344.14M in total deposits.
Where is Midwest Heritage Bank, FSB located?
West Des Moines, IA.
What is the Net Interest Margin?
3.88%.
How many domestic offices does it operate?
9.
When was it established?
04/01/1930.
What is the Return on Assets (ROA)?
1.42%.
How much are total loans and leases?
$385.96M (latest filing).
What is the total interest income (latest filing)?
$6.79M.