Mid America Bank & Trust Co

Mid America Bank & Trust Co Locations
216 West Second Street
Dixon, MO 65459
1-800-720-7178
www.midamericabanking.com

Mid America Bank & Trust Co is headquartered in Dixon and is the 162nd largest bank in the state of Missouri. It is also the 4,312st largest bank in the nation. It was established in 1920 and as of September of 2011, it had grown to 47 employees at 3 locations. Mid America Bank & Trust Co's savings rates are 2X the national average, and it has a 4-star health rating.

Related Posts

Another 5% Reward Checking Account Falls (Forum) - 5/27/2010

Mid America Bank & Trust Co. in Missouri reduced the rate of its reward checking account from 5.55% to 4.50% APY for balances up to $25K. This had been the second highest reward checking rate in the nation. The highest continues to be 6.01% APY at Gol

High-Yield Reward Checking & Savings Accounts at Mid American Bank & Trust in MO - Local Only (Forum) - 4/24/2010

The bank still has the same hot rates as when I posted on this bank in December: Reward checking: 5.55% APY up to $25K as of 4/24/10 Savings account: 2.25% APY ($10K min) as of 4/24/10 Unfortunately, it looks like a local deal for those in that part

High-Yield Reward Checking Account & Savings Account at Mid America Bank & Trust Co. in MO - Local Only - 12/11/2009

Mid America Bank & Trust Co. is offering a high-yield reward checking account called Maximum Free Checking. It has the following rates and features if certain monthly requirements are met:5.55% APY on balances up to $25,0001.00% on portion of balance...



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See Rates for: Checking | Savings

Mid America Bank & Trust Co Checking Account Rates

ApyMinMaxProduct
3.76%-$25kMaximum Free Checking

Mid America Bank & Trust Co Savings Account Rates

ApyMinMaxProduct
1.22%--Eagle's Nest Savings

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


Mid America Bank & Trust Company
FDIC Certificate #1624
BankRate ReportView
Year Established1920
Employees47
Primary RegulatorFED

Assets and Liabilities

Assets$125.97 million
Loans$89.76 million
Deposits$107.32 million
Equity Capital$13.58 million
Loan Loss Allowance$912,000
Unbacked Noncurrent Loans$1.13 million
Real Estate Owned$1.34 million

Historic Data - September 2010

Assets$118.51 million
Equity Capital$12.35 million
Loan Loss Allowance$1.15 million
Unbacked Noncurrent Loans$3.15 million
Real Estate Owned$2.66 million

Profit Margin - Quarterly

Net Interest Margin4.66%
Return on Assets1.3%
Return on Equity12.51%
Interest Income$4.89 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Mid America Bank & Trust Co had $2.47 million in non-current loans and owned real-estate with $14.5 million in equity and loan loss allowances on hand to cover it. This gives Mid America Bank & Trust Co a Texas Ratio of 17.05% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Mid America Bank & Trust Co decreased significantly from 43.02% as of September 30, 2010 to 17.05% as of September 30, 2011, resulting in a positive change of 60.38%.This indicates that the balance sheet and financial strength for Mid America Bank & Trust Co has improved significantly in recent periods.
Deposit Growth5
In the past year, Mid America Bank & Trust Co has increased its total deposits by $6.96 million, resulting in 6.94% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Mid America Bank & Trust Co has shown is excellent.
Capitalization4
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Mid America Bank & Trust Co has $125.97 million in assets with $14.5 million in equity, resulting in a capitalization level of 11.51%, which is above average.
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