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

FDIC

Mid America Bank & Trust Co is headquartered in Dixon and is the 153rd largest bank in the state of Missouri. It is also the 4,035th largest bank in the nation. It was established in 1920 and as of December of 2012, it had grown to 55 employees at 3 locations. Mid America Bank & Trust Co's savings rates are 58% higher than the national average, and it boasts a 5-star health rating.

Related Posts

Mid America Bank (3.66%,$25K) To (3.3%,$25K) Effective 10/1/12 (Forum) - 10/3/2012

No notice to account holders other than website update.

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
3.05%-$25kMaximum Free Checking

Mid America Bank & Trust Co Savings Account Rates

ApyMinMaxProduct
0.82%--Eagle's Nest Savings

Rates updated: 5/18/2013

Data for Q4 2012


Institution Statistics


Mid America Bank & Trust Company
FDIC Certificate #1624
BankRate ReportView
Year Established1920
Employees55
Primary RegulatorFED

Assets and Liabilities

Assets$137.89 million
Loans$95.40 million
Deposits$118.78 million
Equity Capital$16.17 million
Loan Loss Allowance$962,000
Unbacked Noncurrent Loans$457,000
Real Estate Owned$789,000

Historic Data - December 2011

Assets$128.51 million
Equity Capital$14.12 million
Loan Loss Allowance$972,000
Unbacked Noncurrent Loans$767,000
Real Estate Owned$680,000

Profit Margin - Quarterly

Net Interest Margin4.47%
Return on Assets1.91%
Return on Equity16.8%
Interest Income$6.75 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 December 31, 2012 Mid America Bank & Trust Co had $1.25 million in non-current loans and owned real-estate with $17.13 million in equity and loan loss allowances on hand to cover it. This gives Mid America Bank & Trust Co a Texas Ratio of 7.27% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Mid America Bank & Trust Co decreased slightly from 9.59% as of December 31, 2011 to 7.27% as of December 31, 2012, resulting in a positive change of 24.13%.This indicates that the balance sheet and financial strength for Mid America Bank & Trust Co has improved slightly in recent periods.
Deposit Growth5
In the past year, Mid America Bank & Trust Co has increased its total deposits by $11.84 million, resulting in 11.07% 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.
Capitalization5
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 $137.89 million in assets with $17.13 million in equity, resulting in a capitalization level of 12.43%, which is excellent.
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