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Midwest Bank (NE)


Overview / Commentary
www.midwestbank.com
402-329-6221
114 W Main Street
Pierce, NE 68767

Midwest Bank (NE) is headquartered in Pierce and is the 14th largest bank in the state of Nebraska. It is also the 1,019th largest bank in the nation. It was established in 1882 and as of June of 2020, it had grown to 143 employees at 10 locations. Midwest Bank (NE) has an A health rating.

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Health
A

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #13255
Year Established1882
Employees143
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.55%
Return on Equity - YTD16%
Annual Interest Income$19.0MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$871.8MM$786.1MM
LoansQ2 2020vs Q2 2019$595.4MM$580.5MM
DepositsQ2 2020vs Q2 2019$740.1MM$675.4MM
Equity CapitalQ2 2020vs Q2 2019$84.4MM$74.8MM
Loan Loss AllowanceQ2 2020vs Q2 2019$9.3MM$8.9MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$4.9MM$1.0MM
Real Estate OwnedQ2 2020vs Q2 2019$38.00K$38.00K
Rates

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Locations


Cities: Creighton, Deshler, Lincoln, Norfolk, Pierce, Pilger, Plainview, Wisner, York

Creighton Branches
Creighton Branch606 Main StreetCreighton, NE 68729

Deshler Branches
Deshler Branch701 4th StDeshler, NE 68340

Lincoln Branches
Lincoln Branch2655 Jamie LaneLincoln, NE 68512

Norfolk Branches
Norfolk Branch2501 Benjamin AvenueNorfolk, NE 68702
Midwest Bank, National Association506 S. 13th StreetNorfolk, NE 68702

Pierce Branches
Midwest Bank National Association114 W Main StreetPierce, NE 68767

Pilger Branches
Pilger Branch149 N Main StPilger, NE 68768

Plainview Branches
Plainview Branch302 E. Park Ave.Plainview, NE 68769

Wisner Branches
Pilger Branch920 Avenue EWisner, NE 68791

York Branches
York Branch105 West Elm StreetYork, NE 68467

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