Overview / Commentary
Midstates Bank is headquartered in Council Bluffs and is the 34th largest bank in the state of Iowa. It is also the 1,433rd largest bank in the nation. It was established in 1913 and as of March of 2021, it had grown to 101 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 Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4465 |
| Year Established | 1913 |
| Employees | 101 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.99% |
| Return on Equity - YTD | 9.74% |
| Annual Interest Income | $5.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $621.2MM$599.9MM |
| Loans | Q1 2021vs Q1 2020 | $343.7MM$341.0MM |
| Deposits | Q1 2021vs Q1 2020 | $535.7MM$474.9MM |
| Equity Capital | Q1 2021vs Q1 2020 | $62.7MM$57.2MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $6.6MM$7.4MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $13.3MM$5.6MM |
| Real Estate Owned | Q1 2021vs Q1 2020 | $96.00K$76.00K |
