Midwest Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Detroit Lakes, Minnesota, established in 06/01/1917. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 7 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Midwest Bank reported total assets of $737,670 and manages deposits totaling $619,782 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $4,173 thousands last year. For more details, visit their website at midwestbank.net.
Bank Information:
- Bank Name: Midwest Bank
- Address: 613 Highway 10 E, Detroit Lakes, Becker, MN, 56501
- Website: midwestbank.net
Classification and Operations:
- State: Minnesota
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 7
- Number of Foreign Offices: 0
- Total Assets: $737,670
- Total Deposits: $619,782
- Domestic Office Deposits: $619,782
Financial Data:
- Net Income (Attributable to Bank): $4,173
Establishment and Record:
- Established Date: 06/01/1917
- Last Recorded Data on: 04/12/2024