Total Assets
$1.3B
Total balance-sheet footings
FDIC Cert #5170 · Spirit Lake, Iowa · Est. 1887
Bank Midwest - FDIC Bank Health Profile
A community-scale look at Bank Midwest's own numbers, pulled straight from its quarterly FDIC Call Report.
- $1.3B
- Total assets
- B
- Health grade · Good
- 0.85%
- Return on assets
- 11.6%
- Tier 1 capital
Data updated July 2026
The verdict
Bank Midwest earns a PlainBankData health grade of B (70/100), with well-capitalized at 11.63% Tier 1, 0.85% ROA, 67% efficiency ratio.
- #821
- largest of 4,313 FDIC banks by assets
- 81st
- percentile by asset size, nationally
- 11.63%
- Tier 1 ratio - above the 10% well-capitalized line
- 33rd
- percentile for profitability (ROA), nationally
PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.
How Bank Midwest's 70/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Bank Midwest's composite health score
Tier 1 Capital Ratio (11.63%) 28/40
Return on Assets (ROA) (0.85%) 14/25
Texas Ratio (4.35%) 20/20
Efficiency Ratio (67.28%) 8/15
70 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$1.2B
Customer-funded liabilities
Net Loans
$1.0B
Outstanding loan book
Net Income
$11M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Bank Midwest ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Bank Midwest's score of 70/100 falls in the highlighted band.
Bank Midwest's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Bank Midwest's $1.3B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
11.63% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
11.63%
Texas Ratio
4.35%
Equity Capital
$129M
Profitability metrics
Return on Assets (ROA)
33rd percentile nationally
0.85%
Return on Equity (ROE)
9.44%
Efficiency Ratio
67.28%
What the numbers say about Bank Midwest
Bank Midwest is an FDIC-insured institution (Certificate #5170) headquartered in Spirit Lake, Iowa, established in 1887. It holds $1.3B in total assets - 821st of 4,313 FDIC-insured banks, $1.2B in customer deposits, and $1.0B in net loans. Looking at capital strength, Tier 1 stands at 11.63%, over the 10% well-capitalized line regulators set, while the Texas Ratio comes in at 4.35%, comfortably below the 50% caution mark. It earns a PlainBankData health grade of B (70/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
Within Iowa, Bank Midwest ranks 22nd of 230 FDIC-insured banks by asset size -- a mid-sized institution, neither among the state's largest nor its smallest.
Income & expense breakdown
$76M
Interest Income
$12M
Non-Interest Income
$39M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Bank Midwest reports a Texas Ratio of 4.35% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
4.35% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Iowa by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Bank Midwest (FDIC Cert #5170) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Iowa
All Iowa banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Principal BankDes Moines | $9.3B | A | 1.24% |
| Bankers Trust CompanyDes Moines | $7.5B | A | 1.10% |
| MidWestOne BankIowa City | $6.3B | A | 1.12% |
| Hills Bank and Trust CompanyHills | $4.6B | A | 1.33% |
| West BankWest Des Moines | $4.1B | A | 0.94% |
| Northwest BankSpencer | $3.0B | B | 1.03% |
| Cedar Rapids Bank and Trust CompanyCedar Rapids | $2.9B | A | 2.83% |
| Quad City Bank and Trust CompanyBettendorf | $2.7B | A | 1.30% |
Frequently asked questions
What is Bank Midwest's health grade?▼
Bank Midwest receives a health grade of B (70/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows good financial health with solid capital levels above regulatory minimums.
How large is Bank Midwest?▼
Bank Midwest holds $1.3B in total assets and $1.2B in deposits, ranking 821st of 4,313 FDIC-insured banks by asset size. It is headquartered in Spirit Lake, Iowa.
Is my money safe at Bank Midwest?▼
Yes, deposits at Bank Midwest (Certificate #5170) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Bank Midwest's Tier 1 Capital Ratio?▼
Bank Midwest has a Tier 1 Capital Ratio of 11.63%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for Bank Midwest?▼
Bank Midwest has a Texas Ratio of 4.35%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Bank Midwest?▼
Bank Midwest has an Efficiency Ratio of 67.28%. Above 60% means a larger share of revenue goes to operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Bank Midwest's profile as a depositor or analyst.
- Bank Midwest's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Bank Midwest against other Iowa banks before moving funds. Iowa banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.