Text Scam Alert

We’ve heard several reports of local customers receiving alarming text messages that appear to be sent by Bank Midwest questioning a fraudulent transaction. These text messages are scams and contain a link to a fake website requesting online banking credentials.

  • Do not click the link.
  • Do not enter your username and password.
If online banking credentials were submitted, please call Bank Midwest 888.902.5662 as soon as possible.

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Financials (Report of Condition)

The following report is represents the financial position of Bank Midwest at the close of business on December 31, 2022.

ASSETS $ Amount in Thousands
Cash & balances due: Noninterest-bearing balances 43,202
Cash & balances due: Interest-bearing balances5, 5,061
Securities: Held-to-maturity securities 0
Securities: Available-for-sale securities 226,250
Securities: Equity securities with readily determinable fair values not held for trading 0
Federal funds sold 0
Securities purchased under agreements to resell 0
Loans and leases held for sale 316
Loans and leases held for investment 986,539
Less: Allowance for loan and lease losses 9,504
Loans and leases held for investment, net of allowance 977,035
Trading assets 0
Premises and fixed assets 20,772
Other real estate owned 0
Investments in unconsolidated subsidiaries and associated companies 0
Direct and indirect investments in real estate ventures 0
Intangible assets 6,748
Other assets 54,168
TOTAL ASSETS 1,333,552
LIABILITIES $ Amount in Thousands
Deposits: In domestic offices 1,105,483
Deposits: In domestic offices, noninterest-bearing 230,267
Deposits: In domestic offices, interest-bearing 875,216
Federal funds purchased 0
Securities sold under agreements to repurchase 0
Trading liabilities 0
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) 121,900
Subordinated notes and debentures 0
Other liabilities 9,111
EQUITY CAPITAL $ Amount in Thousands
Perpetual preferred stock and related surplus 0
Common stock 2,100
Surplus 18,433
Retained earnings 100,016
Accumulated and other comprehensive income -23,491
Other equity capital components 0
Total bank equity capital 97,058
Noncontrolling (minority) interests in consolidated subsidiaries 0
Total equity capital 97,058