# MIDWEST COMMUNITY BANK
FREEPORT, IL · FDIC certificate 19628 · asset band $300M-1B · latest filing 2022-06 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $327.2M | |
| Deposits | $272.6M | |
| Loans and leases | $205.4M | |
| Total equity | $53.1M | |
| Loans / deposits | 74.33% (p58 of band) | 70.32% |
| Liquid assets / assets | 32.86% (p49 of band) | |
| Uninsured deposits / deposits | 21.93% (p27 of band) | 27.51% |
| Brokered deposits | 3.06% | |
| Wholesale funding | 3.06% (p60 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 13.00% (p87 of band) | 9.86% |
| Unrealized securities loss / equity | 0.00% (p99 of band) | -19.94% |
| AOCI / equity | 0.00% (p98 of band) | |
| ROA (annualized) | 0.59% (p17 of band) | 1.00% |
| Net interest margin | 2.59% (p13 of band) | 3.20% |
| Efficiency ratio | 93.20% (p96 of band) | |
| Noncurrent loans | 0.11% (p31 of band) | 0.26% |
| Net charge-offs (annualized) | -0.04% (p9 of band) | |
| Reserve coverage of noncurrent | 1248.15% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 4.37% (p8 of band) | |
| Auto loans | $37,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -12.8% | |
| Employees | 219 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 3 | liquid assets <10% |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 1 | losing money | charge-offs p90, reserve under noncurrent, liquid assets <10% |
| 2012-03 | 0 |  | losing money |
| 2012-06 | 0 |  |  |
| 2012-09 | 1 | liquid assets <10% |  |
| 2012-12 | 0 |  | liquid assets <10% |
| 2013-03 | 1 | charge-offs p90 |  |
| 2013-06 | 2 | liquid assets <10% |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 1 |  | liquid assets <10% |
| 2014-03 | 2 | capital falling |  |
| 2014-06 | 3 | loans exceed deposits, liquid assets <10% | capital falling |
| 2014-09 | 2 |  | loans exceed deposits |
| 2014-12 | 2 |  |  |
| 2015-03 | 3 | reserve under noncurrent |  |
| 2015-06 | 4 | loans exceed deposits, capital falling | reserve under noncurrent |
| 2015-09 | 2 |  | loans exceed deposits, capital falling |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 3 | capital falling |  |
| 2016-09 | 3 | brokered >10% | capital falling |
| 2016-12 | 2 |  | brokered >10% |
| 2017-03 | 1 |  | charge-offs p90 |
| 2017-06 | 1 | uninsured deposits leaving | liquid assets <10% |
| 2017-09 | 4 | liquid assets <10%, deposits shrinking, assets shrinking |  |
| 2017-12 | 0 |  | uninsured deposits leaving, liquid assets <10%, deposits shrinking, assets shrinking |
| 2018-03 | 2 | liquid assets <10%, expense ratio p90 |  |
| 2018-06 | 3 | capital falling |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 1 |  | expense ratio p90, capital falling |
| 2019-03 | 2 | expense ratio p90 |  |
| 2019-06 | 1 |  | expense ratio p90 |
| 2019-09 | 3 | brokered >10%, uninsured deposits leaving |  |
| 2019-12 | 1 |  | brokered >10%, uninsured deposits leaving |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | brokered >10%, wholesale funding >15% | liquid assets <10% |
| 2020-09 | 4 | loans exceed deposits, liquid assets <10% |  |
| 2020-12 | 2 |  | loans exceed deposits, liquid assets <10% |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 | deposits shrinking, assets shrinking | brokered >10%, wholesale funding >15% |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 4 | expense ratio p90, NIM <2.5% |  |
| 2022-06 | 3 |  | NIM <2.5% |

## In the news (Google News, unfiltered, newest first; check the city)

- 2021-10-27 [GreenState Credit Union broaches Chicago in its 3rd bank purchase this year - Banking Dive](https://news.google.com/rss/articles/CBMitwFBVV95cUxORXcyaFdQWFBiQXlrcjkxNHg4OFdKaHJUVzlxcENmM3U0WmpyUHE2TnhfOWlwNmRSX2xtcWRNeGdXT3JCOHhvQVJxSkNSMmxfMkZJUGZWTVdsdnl5WUoyeDlieFQzQTZiQ1czZTdXSHZDRU9ybVFua0lfSnZVdmU1bmR1Mi1PQ09ZY2taY09GTmNVcGNMN0l6aG4zVTdSWktSeVpMNklOaHhBVU9lZFd0dHhNcl9kUms?oc=5) · Banking Dive
- 2021-10-26 [GreenState Credit Union in Iowa buying another bank - American Banker](https://news.google.com/rss/articles/CBMipwFBVV95cUxQc2FvQ1RuWjdQYWhTWGh0X2JORU5PWDVta1dwcFo0end2R2xCVVM3VVM1djJGbENtYTIwMmNKX3dsWlRvNG1HSHliVDMwVkpDcGhhZVk0TjduTWhFOV9KdE5iWjlDVnQ0N1FCQnRhUHIwNEM0MWJ5OWgyMFlnanpQNWxJNndvbV9GRm8wS1doQ3kyaWRXZnZRdXhSV2h1czBnQk16V1ZHMA?oc=5) · American Banker
- 2021-12-17 [Blueleaf Lending acquired by GreenState Credit Union - Chicago Agent Magazine](https://news.google.com/rss/articles/CBMingFBVV95cUxNQm5hZHRhYWR4aFBRUnpjdmdnSnpGekNEd1VXcEVqTW1EeDlObUF1anFEME1XZ1picldQblFyR01CS0l3NEV3UUVhZkFkZm5NUVNjS3k1S0lxM3JBa0xkTVJGNmVnOS1MYVd4TkxLQUxJMkxIdlVXVG9tTEJ3Tlo5MzRmRXZFZ1FHN3c0RzdoNlN5NWhfVzdvdVRXbHNjdw?oc=5) · Chicago Agent Magazine
- 2024-03-03 [Vicky L. Hennelly Obituary May 18, 2007 - Fitzgerald Funeral Home & Crematory LTD.](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFB2cVEtTVFmaTZwTVFTMkFTWG9hU29ZeUIwMjViV1N4WEY2TzlpdFYtTFhDQ2cxQzU2dHRhamlLNHRJRm9BMHZvMlJ4R1B6OURwZXFtQjdQaFotZHhqb0ZBcjdMbjhpWUk?oc=5) · Fitzgerald Funeral Home &amp; Crematory LTD.
- 2022-04-28 [Wisconsin credit union targets Illinois bank in 6th such tie-up of 2022 - Banking Dive](https://news.google.com/rss/articles/CBMisgFBVV95cUxPM3AzQ20zN1A2bEMtcXpTUWgxMlRPRmEyQ0RyTUhHU0RCb25GYXEwY1BFTGlFa1hiejNUWUJPcGg1c2VfOEJoYnJwT215UnQ4S2ZkSFNvV01PWnRGX1BRSUlzTUpyTTZGeUhDVFl1SmFzX3BDZkg2cXo5SUtpamZvdVRLYjNDS0dVQWU1LThCc1lmUXRzXy1IS2dpdnFHSFVDVDBPME9NMWxmRFRYU201eHlR?oc=5) · Banking Dive
- 2018-12-13 [Bob Bong on Business: First Midwest Buys Bridgeview Bank - suburbanchicagoland.com](https://news.google.com/rss/articles/CBMioAFBVV95cUxNYjZNYmE2ai0tcTVqNXV2LTh2TGRIRlJvbnBMWm94MFFYZl9qdEFycnZ0T0xlSHFhTVZLS1pwWFhLTm5ucWNOamlMZDRBbkh2LUhKbGZacGU0bjU2MThiOGlLSUtyWGY1QnZxZVo3cnpmMHMzTTVPRmRGVkswM2VCTDJKUWp5VHRyRzIxN2tLT3F6Ry1vSVR4akdzS1diMG5F?oc=5) · suburbanchicagoland.com
- 2018-01-12 [I-PASS helps ID suspect in Rockford bank robbery cases - Rockford Register Star](https://news.google.com/rss/articles/CBMikAFBVV95cUxOZTUxeU9jMS1BT3NHQWFrZVBqRWdRMWY4RXZoYl9KcmM4cGhBMU1fTGtxQ3lOTHNrdmdZcGNqVzFwcXkwRnhVbWhBZlBUZTZTakV5eG9sMUJhZ3dFQUtkOFl3QUN1SEg5bnZpZ2ZVYVpQQ3JubUFjaUNGQmtiUmVuTU5RdHhDbC1RSVJRQzZsdDk?oc=5) · Rockford Register Star
- 2022-06-03 [Illinois proves M&A hot spot with pair of credit union-bank tie-ups - Banking Dive](https://news.google.com/rss/articles/CBMivgFBVV95cUxQVzN2YmF4cWZkTUhiTzFVcXR1bXgtOXFfZnhnT1FFX04yZmllQVBnS3ozdjdPZUIwZThGb1ZxUGFheTNnR2lKbkdOY1psOERsckhfbnJSMWtuSld3d0ZFM0pha01abFVxNVdMY3lHMXRCcUdIQm1CcFZwdk1VZ28ySlZJcUU5c2lTcTNUVUxUcVQ2b0NzaUhaY05fM054MTFHUFhUM3ZSdjlRMHVjbnV2cm1IVExQNDFIRThYc3Bn?oc=5) · Banking Dive

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=19628 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/44.json (key "19628", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide