Midwest Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10). A current level of 0.2 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Excellent asset quality (8.3).
Other Rating Factors:
Operating profits as a percentage of assets at 2.2%, coupled with a return on assets of 2.2 has resulted in Excellent (9.6) profitability. Excellent current capitalization (8.9 on a scale of 0 to 10) and a capital leverage ratio of 10.3.
Asset Mix:
Comm re (25%), home mtgs (16%), comm loans (16%), securities (6%), home eq lns (4%), cash (2%), consumer loans (1%), other (30%)
States with Branches:
MN
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Midwest Bank Group, Inc.
Investment Rating
--
Address
613 Highway 10 East
Detroit Lakes, MN 56501
Detroit Lakes, MN 56501
Phone Number
(218) 847-4771
Year Founded
1917
FDIC Number
Website
Largest Affiliates
No affiliate information available.