BranchWatch

Midwest Bank

Headquartered in Detroit Lakes, MN. Part of Midwest Bank Group, Inc. FDIC certificate #9737 · Federal Reserve RSSD 806958.

Total assets
$915M
Deposits
$763M
Q1 2026
Active branches
7
Closings since Jan 2020
0
0 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$6M
Return on assets
2.47%
Return on equity
24.64%
Noncurrent loan rate
0.05%

Deposits by year (Summary of Deposits)

0
2019
1
2020
1
2021
1
2022
1
2023
1
2024
1
2025

Values in $ billions, June 30 of each year.

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.midwestbank.net.