First Bank Midwest
Headquartered in Frankfort, IN. Part of Richmond Mutual Bancorporation, Inc. FDIC certificate #28533 · Federal Reserve RSSD 419675.
Total assets
$1.5B
Deposits
$1.1B
Q1 2026
Active branches
26
Closings since Jan 2020
0
2 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$3M
Return on assets
0.77%
Return on equity
8.64%
Noncurrent loan rate
1.48%
Deposits by year (Summary of Deposits)
12019
12020
12021
12022
12023
12024
12025
Values in $ billions, June 30 of each year.
Openings by year
12025
12026
Other network changes since 2020
- 1 branch relocations
- 11 branches acquired through purchases or mergers
- July 1, 2026: legal name changed from “First Bank Richmond” to “First Bank Midwest”
Branches by state
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.firstbankrichmond.com.