Midwest Community Bank

Midwest Community Bank is headquartered in Plainville and is the 182^nd largest bank in the state of Kansas. It is also the 5,794^th largest bank in the nation. It was established in 1928 and as of March of 2012, it had grown to 18 employees at 2 locations. Midwest Community Bank has a 3-star health rating.

Data for Q1 2012

Institution Statistics Midwest Community Bank FDIC Certificate # 10925 BankRate Report View Year Established 1928 Employees 18 Primary Regulator FDIC Assets and Liabilities Assets $69.22 million Loans $30.06 million Deposits $53.31 million Equity Capital $7.75 million Loan Loss Allowance $539,000 Unbacked Noncurrent Loans $970,000 Real Estate Owned $502,000 Historic Data - March 2011 Assets $70.40 million Equity Capital $2.60 million Loan Loss Allowance $2.33 million Unbacked Noncurrent Loans $2.02 million Real Estate Owned $1.45 million Profit Margin - Quarterly Net Interest Margin 3.03% Return on Assets 0.38% Return on Equity 3.38% Interest Income $662,000

Institution Health Overall Score: 3 out of 5 Texas Ratio 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 March 31, 2012 Midwest Community Bank had $1.47 million in non-current loans and owned real-estate with $8.29 million in equity and loan loss allowances on hand to cover it. This gives Midwest Community Bank a Texas Ratio of 17.75% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Midwest Community Bank decreased significantly from 70.30% as of March 31, 2011 to 17.75% as of March 31, 2012, resulting in a positive change of 74.74%.This indicates that the balance sheet and financial strength for Midwest Community Bank has improved significantly in recent periods. Deposit Growth In the past year, Midwest Community Bank has decreased its total deposits by -$3.11 million, resulting in -5.51% 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 Midwest Community Bank has shown is poor. Capitalization 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. Midwest Community Bank has $69.22 million in assets with $8.29 million in equity, resulting in a capitalization level of 11.98%, which is above average.

No reviews have been left for this bank yet. Be the first to review.