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 #1369
Website:midwestbank.net
Total Assets:$737,670,000, ranked #1295
Total Deposits:$619,782,000, ranked #1295
Total Equity Capital:$71,400,000, ranked #1310
Total Domestic Deposits:$619,782,000, ranked #1293
Net Income:$17,102,000, ranked #644
Quarterly Net Income:$4,173,000, ranked #623
Return on Assets:2%, ranked #190
Quarterly Return on Assets:2%, ranked #189
Return on Equity:26%, ranked #255
Quarterly Return on Equity:24%, ranked #284

Financial Information (2023-12-31 and Older)