Midwest Heritage Bank is headquartered in WEST DES MOINES and is the 66th largest bank in the state of Iowa. It is also the 1,882nd largest bank in the nation. It was established in 1930 and as of September of 2024, it had grown to 155 employees at 9 locations. Midwest Heritage Bank has an A+ health rating.
Overall | |
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FDIC Certificate # | 4432 |
Year Established | 1930 |
Employees | 155 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 1.5% |
Return on Equity - YTD | 12.94% |
Annual Interest Income | $18MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $467.5MM$437.5MM |
Loans | Q3 2024vs Q3 2023 | $365.1MM$337MM |
Deposits | Q3 2024vs Q3 2023 | $352.6MM$321.2MM |
Equity Capital | Q3 2024vs Q3 2023 | $55.9MM$48.6MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $3.6MM$3.1MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $247K$479K |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
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Midwest Heritage Bank Locations | ||
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Chariton Branch | 1025 Braden Avenue | Chariton, IA 50049 |
74th Street Branch | 1725 74th Street | West Des Moines, IA 50266 |
Midwest Heritage Bank, FSB | 3580 Ep True Pkwy | West Des Moines, IA 50265 |
Fleur Drive | 4605 Fleur Drive | Des Moines, IA 50321 |
Ames Branch | 640 Lincoln Way | Ames, IA 50010 |
Windsor Heights Branch | 7101 University | Windsor Heights, IA 50311 |
Urbandale Branch | 8601 Douglas Avenue | Urbandale, IA 50322 |
Overland Park Hy-Vee Branch | 8900 W 135th St | Overland Park, KS 66221 |