Bank Midwest
Total assets
$1.35B
▼ -1.0% YoY
Deposits
$1.15B
▼ -0.8% YoY
Loans
$1.04B
▼ -1.3% YoY
Offices
11
GOODENOW BCORP
ROA (annualized)
1.01%
peers 1.26%
ROE (annualized)
10.28%
peers 12.17%
Peer comparison 887 banks with 1B-10B in assets
| Metric | Bank Midwest | Peer median | Δ |
|---|---|---|---|
| Asset growth (YoY) | -1.0% | +5.5% | -6.5 pts |
| Deposit growth (YoY) | -0.8% | +5.1% | -5.9 pts |
| Loan growth (YoY) | -1.3% | +5.9% | -7.2 pts |
| ROA | 1.01% | 1.26% | -0.3 pts |
| ROE | 10.3% | 12.2% | -1.9 pts |
ROA ranks in the 30th percentile of its peer group · Q2 2026
Profile
- Established
- 1887
- Charter
- State
- Primary regulator
- FED
- Holding company
- GOODENOW BCORP
- Specialization
- Commercial Lending Specialization
- Address
- 1800 Royal Ave, Spirit Lake, IA, 51360
- County
- Dickinson
- Metro area
- Spirit Lake, IA
- Offices
- 11
- FDIC cert #
- 5170
- RSSD ID
- 45551
- Latest call report
- Q2 2026
Total assets last 8 quarters
Deposits last 8 quarters
Quarterly financials FDIC call report
| Quarter | Assets | Deposits | Loans | Equity | Net income YTD | ROA | NIM | Nonperforming |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $1.35B | $1.15B | $1.04B | $133.0M | $6.7M | 1.01% | 3.99% | 0.33% |
| Q1 2026 | $1.32B | $1.12B | $1.03B | $131.2M | $3.3M | 1.00% | 3.92% | 0.34% |
| Q4 2025 | $1.35B | $1.16B | $1.02B | $128.7M | $11.5M | 0.85% | 3.71% | 0.45% |
| Q3 2025 | $1.35B | $1.16B | $1.04B | $125.7M | $8.3M | 0.82% | 3.63% | 0.37% |
| Q2 2025 | $1.36B | $1.16B | $1.05B | $120.1M | $5.0M | 0.74% | 3.59% | 0.46% |
| Q1 2025 | $1.35B | $1.16B | $1.06B | $118.4M | $2.7M | 0.79% | 3.50% | 0.44% |
| Q4 2024 | $1.38B | $1.19B | $1.07B | $115.6M | $7.4M | 0.55% | 3.33% | 0.66% |
| Q3 2024 | $1.35B | $1.17B | $1.05B | $116.9M | $6.0M | 0.60% | 3.32% | 0.71% |
Loan mix (Q2 2026): real estate $613.3M · commercial $282.1M · consumer $31.5M · securities $179.2M
Ratio pack Q2 2026 · peer medians from 887 institutions
Profitability
| Ratio | Bank Midwest | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Return on assets Annualized net income ÷ assets | 1.01% | 1.26% | 30th | |
Return on equity Annualized net income ÷ equity or net worth | 10.3% | 12.2% | 35th | |
Net interest margin Interest income − interest expense, ÷ assets | 3.99% | 3.70% | 67th | |
Efficiency ratio Operating expense ÷ revenue — lower is leaner | 61.8% | 59.0% | 59th | |
Non-interest income share Fees and other income as a share of total revenue | 00.0% | 00.0% | ||
Cost of funds Annualized interest expense ÷ deposits | 00.0% | 00.0% |
Balance sheet
| Ratio | Bank Midwest | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loan-to-deposit Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand | 00.0% | 00.0% | ||
Loans-to-assets How much of the balance sheet is lent out | 00.0% | 00.0% | ||
Securities-to-assets Investment portfolio as a share of assets | 00.0% | 00.0% | ||
Cash-to-assets On-balance-sheet liquidity | 00.0% | 00.0% |
Capital
| Ratio | Bank Midwest | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Capital ratio Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7% | 00.0% | 00.0% |
Credit quality
| Ratio | Bank Midwest | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Nonperforming / delinquency Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans | 00.0% | 00.0% | ||
Net charge-off rate Annualized charge-offs net of recoveries ÷ loans | 00.0% | 00.0% | ||
CRE concentration Commercial real estate loans ÷ capital. Regulators flag banks above 300% | 00.0% | 00.0% |
Franchise
| Ratio | Bank Midwest | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Assets per office Branch efficiency; high numbers usually mean digital-first | 00.0% | 00.0% |
11 more ratios, with trends and peer percentiles.
See Pro plan →The full ratio pack is part of CharterBench Pro.
Similar banks
- West BankWest Des Moines, IA · $4.03B
- Hills Bank and Trust CompanyHills, IA · $4.79B
- Parkway Bank and Trust CompanyHarwood Heights, IL · $3.66B
- Frandsen Bank & TrustLonsdale, MN · $3.66B
- The Bank of East Asia Ltd.New York, NY · $3.66B
- Cornerstone Capital Bank, SSBHouston, TX · $3.67B
Selling to Bank Midwest?
See Pro plan →Peer lists, growth filters, CSV export, CRM push.