# MIDWEST BANK
DETROIT LAKES, MN · FDIC certificate 9737 · asset band $300M-1B · latest filing 2026-06 · live

**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 | $984.5M | |
| Deposits | $788.5M | |
| Loans and leases | $890.4M | |
| Total equity | $93.4M | |
| Loans / deposits | 111.90% (p98 of band) | 82.04% |
| Liquid assets / assets | 7.25% (p2 of band) | |
| Uninsured deposits / deposits | 26.57% (p53 of band) | 25.97% |
| Brokered deposits | 2.54% | |
| Wholesale funding | 12.26% (p82 of band) | |
| FHLB advances / assets | 1.02% | |
| Tier 1 leverage | 9.84% (p30 of band) | 10.81% |
| Unrealized securities loss / equity | -2.59% (p75 of band) | -8.10% |
| AOCI / equity | -0.17% (p61 of band) | |
| ROA (annualized) | 2.52% (p95 of band) | 1.28% |
| Net interest margin | 4.26% (p70 of band) | 3.91% |
| Efficiency ratio | 40.15% (p6 of band) | |
| Noncurrent loans | 0.05% (p18 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p42 of band) | |
| Reserve coverage of noncurrent | 1973.28% | |
| Real estate % of loans | 68% | |
| Construction % of loans | 117.79% (p92 of band) | |
| Auto loans | $2.2M (0.24% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $24.6M (26% of equity) (p99 of band) | |
| Deposits YoY | 11.0% | |
| Employees | 104 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | liquid assets <10% |  |
| 2011-09 | 0 |  | liquid assets <10% |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 1 | liquid assets <10% |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | liquid assets <10% |
| 2013-03 | 0 |  |  |
| 2013-06 | 1 | liquid assets <10% |  |
| 2013-09 | 2 | loans exceed deposits |  |
| 2013-12 | 0 |  | liquid assets <10%, loans exceed deposits |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2014-12 | 1 |  | loans exceed deposits |
| 2015-03 | 1 |  |  |
| 2015-06 | 2 | loans exceed deposits |  |
| 2015-09 | 1 | capital falling | liquid assets <10%, loans exceed deposits |
| 2015-12 | 0 |  | capital falling |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | capital falling |  |
| 2016-12 | 0 |  | capital falling |
| 2017-03 | 1 | liquid assets <10% |  |
| 2017-06 | 2 | loans exceed deposits |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 1 |  | loans exceed deposits |
| 2018-03 | 2 | loans exceed deposits |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 3 | capital falling |  |
| 2019-12 | 0 |  | liquid assets <10%, loans exceed deposits, capital falling |
| 2020-03 | 3 | liquid assets <10%, charge-offs p90, reserve under noncurrent |  |
| 2020-06 | 1 |  | liquid assets <10%, reserve under noncurrent |
| 2020-09 | 2 | capital falling |  |
| 2020-12 | 1 |  | capital falling |
| 2021-03 | 0 |  | charge-offs p90 |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | capital falling |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 1 | uninsured deposits leaving |  |
| 2023-12 | 1 | capital falling | uninsured deposits leaving |
| 2024-03 | 0 |  | capital falling |
| 2024-06 | 1 | loans exceed deposits |  |
| 2024-09 | 0 |  | loans exceed deposits |
| 2024-12 | 0 |  |  |
| 2025-03 | 3 | loans exceed deposits, liquid assets <10%, construction >100% equity |  |
| 2025-06 | 3 |  |  |
| 2025-09 | 3 | uninsured deposits leaving | construction >100% equity |
| 2025-12 | 3 | construction >100% equity | uninsured deposits leaving |
| 2026-03 | 3 |  |  |
| 2026-06 | 3 |  |  |

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

- 2026-06-12 [UPDATE: No robbery, but man did come out of the woods to accost woman in Detroit Lakes bank parking lot - Detroit Lakes Tribune](https://news.google.com/rss/articles/CBMitwFBVV95cUxOaXhnaUhPa3RPVW9XWTMyc1pjYVdlREdzTmVscmQtZW5QSVB1cXhZUFEyTlNZRWFoU3RlRkZIanpQZWR6RWZhcERLa0lkcUtJYnpPLU9wRFlta2t2NVp5QUZoRTFDUjl0VEVMMkdHdEtHcnNFMnVkUzhiTGx5WDhKbDNHM20tTFFzXzltN3lndmVhbVgxNDA2SEc1T0RoSThPZzB0OWZPdWk5TFlUQXJhNFlkLXIzWkk?oc=5) · Detroit Lakes Tribune
- 2026-06-12 [Detroit Lakes police investigating armed robbery at Midwest Bank - Valley News Live](https://news.google.com/rss/articles/CBMirwFBVV95cUxNMjJ0RWxjZS1vbXVLaFQwSmwxcjA0QUpSRHRfREl1SGV6MXZmUVNDSEVEUVJJT2xVYnJsS1J6UVdqbmJhclBqQVBDMzVEblV1RzBUc0VUVVpDMTY5X21pSnczcEJjdkxRVDc0ZTRlVGIxTFFCQjVtMjVSdHZZZ1RUWjdtbGZzQkRka2hMNzJ0ZGpsYmFZRmV5M0ZSbjFzeHRLRm9Mc1FsRXN0ZDlnSEVB?oc=5) · Valley News Live
- 2026-06-12 [Detroit Lakes Police investigating active situation near Midwest Bank - wdayradionow.com](https://news.google.com/rss/articles/CBMitgFBVV95cUxPM0lLbFFFaGF2T2RWN29FWDF0Si1Ibldjd01NdnJFcVhaXzF4NGFLT1VLdEJRWEM0dWx2bnR6dy1mWnQ1eFRBQlFreHZGQkp1QjNodjNQd1BobnFGalRHNXpfbWpoSWFxWVN0dUlLZWZqTWpzbWxOQnBuaVRpTUVZSVBkR1ZHZFY0RHctRXd0bWJhTE52Qld2MF9DSDYyU3pjSjhmSlZGbXJBYkJtNG5qajdCajBrdw?oc=5) · wdayradionow.com
- 2026-07-07 [Man accused of attacking woman in Midwest Bank parking lot at gunpoint - InForum](https://news.google.com/rss/articles/CBMirgFBVV95cUxPcHBxZFV3TTlhNDkwcUtWRGZCbjl6NDRXZHBGRWoyMzFqYmw2WFpZTjRrZzJGa1RTT0NfcncxaGRpdG5ueExmUWJ5N2FNTU1GU1p3Yk4yMUlyX0xnMlBURHY1cGUwNXZRYTdIN01rdlBWaHc5RzMzbWRNTXloME5ES3ZHN3B1VkQwa3VQajNpdF84YkxZclBYRlB4WGUyM0E0cWN6RUIxbjRXM0ZKMHc?oc=5) · InForum
- 2026-06-12 [Police still searching for man after assault in bank parking lot - Valley News Live](https://news.google.com/rss/articles/CBMixAFBVV95cUxNd1VuVDROUWR3U0lhZFliLTFqU01LWDd5eGVZbGE2ZVFhZmdjN3dpcVduX3JjY1hWMmlxckJNNC1JMnBEUG8zMnA0OVdHNkI0US1fZVNVTHJoNnNDUEtXd2M5SDJvTlBvNldCbFlUUmtqVllFTlU3c2hXQXZ3LTV5YXRfWlE5ZGJPMVkxb0dGWmdtSk50bV9PaFNIN0owZ3Etb2h5NHBWbHJOQm43Z0szQU1Gdk1jTGc2SkhHbjBCUDYtM0Zq?oc=5) · Valley News Live
- 2021-06-01 [First Midwest Bank name to vanish in $6.5 billion merger with Indiana-based Old National - Chicago Tribune](https://news.google.com/rss/articles/CBMiyAFBVV95cUxPdlc4bWNGaU95QnlaY1FCQ2JUUS0wLWFMR2FmVl9QSUVjdm1FTkV6UndTQ0t5M3RodF9FeDFEQ3dFN3EwSGdCVVdaNGVHOU44YWNwcGpRTFh3amZNd2VyOFRzaDZBeWJIQ3cySExZdjlXUTNuN20wRk5NcFBoR25GTnZwY2RaZFBJR0FxSk1pZGdZc3R6eGdCVE5lN1FKNkZHeWU1TXJ1QlhDTWgycy1vbG10TlUxdVRwZHRhbXg4T3pWdU96SGFjaA?oc=5) · Chicago Tribune
- 2024-06-19 [Midwest Bank loves to give back to the community - Detroit Lakes Tribune](https://news.google.com/rss/articles/CBMijgFBVV95cUxNUjh1ZmlNZVZxOFBZQVB0YXZKLVhPUV91eVpmSzZObHQtMUpXblVnWDZBblJncVN2NkZhcDNuRUtWc3Bob3lQZ1M5MjlDUC11WGkyQ3RKSDZNRmhpSnVjZnlMRnUtVndCOVZYc0pUd2lXSlJLVWFmMk5BelpON25TRTdUZEdsZmRoSlF3ZFVR?oc=5) · Detroit Lakes Tribune
- 2026-07-07 [Weeks after multi-agency search near Detroit Lakes bank, Homeland Security detains suspect in Texas - Valley News Live](https://news.google.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?oc=5) · Valley News Live

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9737 (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/9.json (key "9737", 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