# BANK MIDWEST
SPIRIT LAKE, IA · FDIC certificate 5170 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. Composite score 1 (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 | $1.35B | |
| Deposits | $1.15B | |
| Loans and leases | $1.05B | |
| Total equity | $133.0M | |
| Loans / deposits | 90.10% (p60 of band) | 87.10% |
| Liquid assets / assets | 16.59% (p30 of band) | |
| Uninsured deposits / deposits | 8.61% (p4 of band) | 30.76% |
| Brokered deposits | 6.69% | |
| Wholesale funding | 10.40% (p66 of band) | |
| FHLB advances / assets | 3.72% | |
| Tier 1 leverage | 10.16% (p41 of band) | 10.50% |
| Unrealized securities loss / equity | -11.85% (p35 of band) | -7.75% |
| AOCI / equity | -0.13% (p63 of band) | |
| ROA (annualized) | 1.01% (p31 of band) | 1.26% |
| Net interest margin | 3.99% (p68 of band) | 3.70% |
| Efficiency ratio | 61.76% (p60 of band) | |
| Noncurrent loans | 0.42% (p43 of band) | 0.51% |
| Net charge-offs (annualized) | 0.20% (p86 of band) | |
| Reserve coverage of noncurrent | 305.47% | |
| Real estate % of loans | 58% | |
| Construction % of loans | 56.74% (p59 of band) | |
| Auto loans | $16,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $15.0M (11% of equity) (p88 of band) | |
| Deposits YoY | -0.8% | |
| Employees | 175 | |

## Flags firing in the latest filing

- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 1 | uninsured deposits leaving |  |
| 2012-09 | 0 |  | uninsured deposits leaving |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | assets shrinking |  |
| 2014-03 | 0 |  | assets shrinking |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 2 | brokered >10%, wholesale funding >15% |  |
| 2015-12 | 4 | liquid assets <10%, capital falling |  |
| 2016-03 | 3 |  | capital falling |
| 2016-06 | 2 |  | liquid assets <10% |
| 2016-09 | 2 |  |  |
| 2016-12 | 3 | liquid assets <10% |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 2 |  | liquid assets <10% |
| 2017-12 | 3 | liquid assets <10% |  |
| 2018-03 | 3 | capital falling | liquid assets <10% |
| 2018-06 | 0 |  | brokered >10%, wholesale funding >15%, capital falling |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | capital falling |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 0 |  | capital falling |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | capital falling |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 3 | wholesale funding >15% |  |
| 2023-03 | 2 | capital falling | AOCI drag >20% of equity, wholesale funding >15% |
| 2023-06 | 1 |  | capital falling |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 | wholesale funding >15% | securities losses >30% of equity |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | brokered >10% |  |
| 2024-09 | 3 | charge-offs p90 |  |
| 2024-12 | 4 | uninsured deposits leaving |  |
| 2025-03 | 3 |  | charge-offs p90 |
| 2025-06 | 3 |  |  |
| 2025-09 | 2 |  | wholesale funding >15% |
| 2025-12 | 1 |  | brokered >10% |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

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

- 2026-08-26 [Bank Midwest - The N'West Iowa REVIEW](https://news.google.com/rss/articles/CBMitwFBVV95cUxNVE9XaF9XdTVzcUY0bWg1WFBJODFLUHVOcXFsZnl1eHduOEt3TE5meXFFVnJXNUN6cFdnQXJRaHFtREZGOGN2QkNuWGplRzlYcTZmQi03SFo5OTdUUXVFY3p5dVd6QzFwS2hMQWwzZTNFMUw1YWtZTmFES0JHS1ZXdjBZRlhHSVVYNm5YSm1QVDdTZjIwVFZ1c00xNVhZeDBOVlU3Z2dCVFhPY3c4a1NuS2htcGdkNkk?oc=5) · The N'West Iowa REVIEW
- 2025-12-11 [Raymond James to Welcome New $692 Million Program with Bank Midwest - Business Wire](https://news.google.com/rss/articles/CBMixAFBVV95cUxNRzE2SHM4UGNEeGluaWN0VUl6dWp6MUkyb19zWEJlZ3BVVXQ1V2YxbHNXRFBxb0R6YWI5YXBzMU1PVjNMNm9UVzZPU2lnTXlQRk8tVk9pWl9vSDRmQ00zTGJsLXg5bUhiT2JGV0F0OW1yeDhTWUdIV3BCcDMzYU05eDFDZVV3aWRWN2JGT3QyV0xYQVRFU3lCQ2VzVWR0UTdXMGxjV3I2Q0taLTRvaVhNS1QzMUpUeWU4V0pCc09oS01iTm9T?oc=5) · Business Wire
- 2025-12-12 [Advisor moves: Raymond James welcomes $692M advisor team in new bank relationship - InvestmentNews](https://news.google.com/rss/articles/CBMi3AFBVV95cUxPTWkwNWtCTjhCd3dfSVg4QjB2aE9qZi1WTmNhVUtSaW1URjMwaDZHSk1hY0k3VXR2Szd3ZjB3NF95VDl6dlVzcDVNa1BNbmRYMWc1aGtyR29CUUlpb3pVM0NzY3VNcG9YVXZmNV9kc3NFaVlISGNsV3pDSHV3NUh6NllEeTkxZkcxSWhXMnFIQzVxT3FIQnd3WFRTMGY2V2ZONXROcHlLSXZudUZDM3BpQzh1ZFpPX0F3cHV5R2RfZ05Ya3AxNkFBNUVkZ1ZkVmY4RjFKcUpZUS0yLUJp?oc=5) · InvestmentNews
- 2025-12-12 [Bank Midwest Chooses Raymond James To Support Investment Program - Family Wealth Report](https://news.google.com/rss/articles/CBMisAFBVV95cUxORENld2Q2eDgyVUQ0cVJsWFZQNWpheXVCazhKRVF2MHRuMzF3em9NeERBbnRRVGo5NkpxTWJmV2NGcl9sUjNSY3VLV1dTYnRhb21fdFZrZnlJbWRWN1NqdE0xTWd0MGhiQTFReXFwXzRCalpnRmFhVkk1S1hDWVhtMkhuckhnaHAzWW9aZkwxd0NSWjlaLWxvUnJPWFVRSGRIWWZIbXZ3TVlRVS1VeTQ5Yg?oc=5) · Family Wealth Report
- 2026-01-08 [Bank Midwest will become Vista Bank with closing of deal, settling of trademark dispute - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxPcGx4ZHdTZU56c0tNT3g4Mk5JZi02RXZYZXBUNWtuUmd5bGFOeU9nU2dKdHZXWmpFdWpaUFIwZExiMkFRS3JPSUJSejhWOGtSZ3lPLWFuNlVTa2J4S1VaQ1hCaWpmWC1OUGtyR3owQTk1MkZYeUFqVkw2cEczTi1ielNjYUFiZUhtVGJCNFlDM3VJeU1XZHJScGlERERKRWlwclNtaFp3c3MyX1U3?oc=5) · The Business Journals
- 2024-10-24 [Newgen wins Bank Midwest contract amid QA push into US - QA Financial](https://news.google.com/rss/articles/CBMihwFBVV95cUxPR0xwVFk2eURyaHBIVWl5eDlGWkd3RU9rc1dmaTVBZzU0U2hhc0VMUzNiWHhiMElvNzRXRnhjcTVTOGxHYjE0MWJKdlItUlZHNi1aSlRJc0tkYkNac285WTNuVUNTVGRIZ1BxSEZXT0FBMnNkVzdTMWZPZ3piSVV4ck5UbENSZ28?oc=5) · QA Financial
- 2020-01-13 [Two welcomed at Bank Midwest - - nujournal.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxPMlNxLTBCbmpIQW9ocXlzNkNkNmNxczRyUVNKZURxVVFtRFpzUkRUSkFYTjN1Wk9aTWwxYXVJc1hGZFJLOWxXTjhtMzJITENRSk5YU2RUakNpSXlYcWZRclNtTEJUVGEtMlo4VVlGU090dEhGVE80YTNPVmVubjIxdzlWTnQ0SDVabWxHV2syWFI?oc=5) · nujournal.com
- 2024-10-24 [Why has Bank Midwest doubled down on Newgen Software - - Enterprise Times](https://news.google.com/rss/articles/CBMinwFBVV95cUxOWUZEZ3ZXMi1DSkRzWFRRYXZhTXZ4ZWlURjY0WGZYLTkwcnFPUlpPazFkelJXcndwcnNFQVh2Zm1Wc3AwRWY2ZzBpWlRSSzd5UGNQRjdiVHdZR0Ezdkd1ekZXR01PSTNnRldVUURCNVh1Uld6WHZpZFVQV1pmX2s5QTBpQVItOU41X0NTVlNIRkp5YndxV2dLdllQbThSbm8?oc=5) · Enterprise Times

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5170 (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/50.json (key "5170", 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