Coronavirus Update: Banks are essential services and will remain available to help

Please understand that banking is an essential service -- and we will continue to be available to help you even when states or localities issue stay-at-home guidance. As a measure to slow the spread of the coronavirus, our drive-up service has replaced lobby service. Lobbies will continue to remain closed to walk-in visitors without an appointment. Find additional information at

Dismiss alert

Financials (Report of Condition)

The following report is represents the financial position of Bank Midwest at the close of business on December 31, 2019.

ASSETS $ Amount in Thousands
Cash & balances due: Noninterest-bearing balances 26,227
Cash & balances due: Interest-bearing balances 5,942
Securities: Held-to-maturity securities 0
Securities: Available-for-sale securities 106,228
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 4,126
Loans and leases held for investment 758,113
Less: Allowance for loan and lease losses 9,582
Loans and leases held for investment, net of allowance 748,531
Trading assets 0
Premises and fixed assets 22,717
Other real estate owned 0
Investments in unconsolidated subsidiaries and associated companies 0
Direct and indirect investments in real estate ventures 0
Intangible assets 7,070
Other assets 27,931
LIABILITIES $ Amount in Thousands
Deposits: In domestic offices 829,007
Deposits: In domestic offices, noninterest-bearing 149,567
Deposits: In domestic offices, interest-bearing 679,440
Federal funds purchased 13,905
Securities sold under agreements to repurchase 0
Trading liabilities 0
Other borrowed money 8,000
Subordinated notes and debentures 0
Other liabilities 6,947
EQUITY CAPITAL $ Amount in Thousands
Perpetual preferred stock and related surplus 0
Common stock 2,100
Surplus 18,433
Retained earnings 69,515
Accumulated and other comprehensive income 865
Other equity capital components 0
Total bank equity capital 90,913
Noncontrolling (minority) interests in consolidated subsidiaries 0
Total equity capital 90,913