This institution is no longer active

Operations ceased on June 1, 1997. CRA examination history below reflects the period it was active.

BANK MIDWEST

OKOBOJI, IA · Supervised by FDIC

Est. 1927FDIC #14,570RSSD: FDIC-14570

Part ofGOODENOW BCORP→ View all charters

Outstanding Up

Current rating · Exam: June 1995

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At a Glance

Community Lending (CRA)

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Financial Health

Adequate

ROA 0.16%

Is this bank safe?

BANK MIDWEST earned an Outstanding CRA rating (1995), meets basic financial requirements (ROA +0.16%).

Institution Profile

FDIC BankFind

Address

1102 Sanborn Avenue, OKOBOJI, IA

County

Dickinson County

Established

June 27, 1927

Total Assets

$85M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Exam Date

June 1, 1995

Exam Type

Not Reported

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 31 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q1 1997Call Report / FDIC

Total Assets

$85M

Total Deposits

$75M

Net Loans

$65M

Net Income

$35K

ROA

0.16%

Below avg for Small banks. Peer avg: 0.44%

ROE

1.59%

Risk-Based Capital

14.59%

Below avg for Small banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Small banks

Compared to the peer-bank Small peer group (same asset tier).

ROA0.16%Peer avg: 0.44%▼ Below avg

Risk-Based Capital14.59%Peer avg: 23.03%▼ Below avg

Mortgage Denial Rate6.72%Peer avg: 6.90%▼ Fewer than avg

Unlock peer list → See which specific banks are in this peer group.

Mortgage Lending

CFPB HMDA

Year	Applications	Orig. Rate	Denial Rate
2024	134	76.87%	6.72%
2020	806	66.25%	5.83%
2019	289	70.59%	10.38%
2018	298	73.49%	12.08%

Denial rate = denials ÷ total applications. 2024 national avg: 23.75% · Small bank avg: 6.90% · above-average shown in red

Rating History

CRA / FFIEC

Exam Date	Rating	Exam Type
Jun 1995	Outstanding	Not Reported
Apr 1992	Satisfactory	Not Reported
Nov 1990	Needs to Improve	Not Reported

Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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