Midwest Independent Bank

Midwest Independent Bank is headquartered in Jefferson City and is the 61^st largest bank in the state of Missouri. It is also the 1,701^st largest bank in the nation. It was established in 1985 and as of March of 2012, it had grown to 39 employees at 2 locations. Midwest Independent Bank has a 4-star health rating.

Midwest Independent Bank Routing Number: 086505273

Data for Q1 2012

Institution Statistics Midwest Independent Bank FDIC Certificate # 25849 BankRate Report View Year Established 1985 Employees 39 Primary Regulator FED Assets and Liabilities Assets $392.53 million Loans $148.58 million Deposits $331.99 million Equity Capital $36.83 million Loan Loss Allowance $5.54 million Unbacked Noncurrent Loans $7.69 million Real Estate Owned $5.66 million Historic Data - March 2011 Assets $251.50 million Equity Capital $33.54 million Loan Loss Allowance $8.10 million Unbacked Noncurrent Loans $15.01 million Real Estate Owned $14.37 million Profit Margin - Quarterly Net Interest Margin 2.27% Return on Assets 0.48% Return on Equity 4.7% Interest Income $1.97 million

Institution Health Overall Score: 4 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 Independent Bank had $13.35 million in non-current loans and owned real-estate with $42.37 million in equity and loan loss allowances on hand to cover it. This gives Midwest Independent Bank a Texas Ratio of 31.51% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Midwest Independent Bank decreased significantly from 70.56% as of March 31, 2011 to 31.51% as of March 31, 2012, resulting in a positive change of 55.34%.This indicates that the balance sheet and financial strength for Midwest Independent Bank has improved significantly in recent periods. Deposit Growth In the past year, Midwest Independent Bank has increased its total deposits by $194.07 million, resulting in 140.71% 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 Independent Bank has shown is excellent. 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 Independent Bank has $392.53 million in assets with $42.37 million in equity, resulting in a capitalization level of 10.79%, which is above average.

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