First Federal Bank of the Midwest is headquartered in Defiance and is the 10th largest bank in the state of Ohio. It is also the 300th largest bank in the nation. It was established in 1920 and as of December of 2019, it had grown to 582 employees at 44 locations. First Federal Bank of the Midwest has an A+ health rating.
|FDIC Certificate #||29845|
|Return on Assets - YTD||1.47%|
|Return on Equity - YTD||11.76%|
|Annual Interest Income||$141.6MM|
|Assets and Liabilities|
|Assets||Q4 2019vs Q4 2018||$3.44B$3.15B|
|Loans||Q4 2019vs Q4 2018||$2.76B$2.52B|
|Deposits||Q4 2019vs Q4 2018||$2.90B$2.64B|
|Equity Capital||Q4 2019vs Q4 2018||$419.5MM$398.9MM|
|Loan Loss Allowance||Q4 2019vs Q4 2018||$31.2MM$28.3MM|
|Unbacked Noncurrent Loans||Q4 2019vs Q4 2018||$11.4MM$15.3MM|
|Real Estate Owned||Q4 2019vs Q4 2018||$100.00K$1.2MM|
Rates for First Federal Bank of the Midwest are currently being reviewed.