Overview / Commentary
Midstates Bank is headquartered in Council Bluffs and is the 32nd largest bank in the state of Iowa. It is also the 1,323rd largest bank in the nation. It was established in 1913 and as of June of 2020, it had grown to 108 employees at 11 locations. Midstates Bank has a B health rating.
Reviews (1)
Don't Do Business With Them.
Posted by: LILGAL | Mar 13, 2016
Let me show you what I'm going through with this bank. I did Land contracts on some property's. The bank foreclosed on them, through no fault of my own. I was paid to date. I asked for my personal property back. This was Joe Pauley of Midstate bank response to me.
Mar 8 at 2:01 PM
Due to the foreclosure. . . You are not entitled to any of the contents. Mr. Pauley also asked the people in one of the homes how thy know me, and if I was their drug dealer.
Health
B
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4465 |
| Year Established | 1913 |
| Employees | 108 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.86% |
| Return on Equity - YTD | 8.57% |
| Annual Interest Income | $12.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $623.3MM$542.3MM |
| Loans | Q2 2020vs Q2 2019 | $358.5MM$325.3MM |
| Deposits | Q2 2020vs Q2 2019 | $510.5MM$427.2MM |
| Equity Capital | Q2 2020vs Q2 2019 | $65.1MM$56.2MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $7.6MM$6.3MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $13.1MM$7.3MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $76.00K$56.00K |
