Midwest Bank

Midwest Bank
613 Highway 10 E
Detroit Lakes, MN 56501

Status: Active
Concentration:Commercial Lending Specialization
Established:06/01/1917
FDIC Insurance:01/01/1934
FDIC Cert:#9737
Holden By:MIDWEST BANK GROUP INC
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:7, ranked #1350
Website:midwestbank.net
Total Assets:$812,646,000, ranked #1242
Total Deposits:$705,674,000, ranked #1203
Total Equity Capital:$80,383,000, ranked #1233
Total Domestic Deposits:$705,674,000, ranked #1201
Net Income:$17,731,000, ranked #631
Quarterly Net Income:$4,449,000, ranked #663
Return on Assets:2%, ranked #172
Quarterly Return on Assets:2%, ranked #184
Return on Equity:23%, ranked #217
Quarterly Return on Equity:22%, ranked #256

Financial Information (2024-12-31 and Older)