Bank Midwest

BankSpirit Lake, Iowa
bankmidwest.com

Total Assets

$1.3B

Total Deposits

$1.2B

Branches

11

Established

1887

TFS Health Grade

$
D+

69.8 / 100

Below average financial health

How we grade

Bank Midwest is a bank headquartered in Spirit Lake, Iowa, established in 1887. With $1.3B in total assets and 11 branch locations, it has a TFS Financial Health Grade of D+ (69.8/100).

Capital & Safety

Tier 1 Capital Ratio
9.81%(8%)
Total Capital Ratio
12.68%(10%)
Non-Performing Loan Ratio
0.59%

Profitability

Return on Assets (ROA)
0.85%(1%)
Return on Equity (ROE)
9.44%(10%)
Net Interest Margin
3.71%
Efficiency Ratio
67.28%(60%)

Lending & Liquidity

Total Loans
$1.0B
Loan-to-Deposit Ratio
88.30%
Net Charge-Off Ratio
0.27%

Growth

Asset Growth (YoY)
-2.05%
Deposit Growth (YoY)
-2.29%
Net Income
$11.5M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

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