BranchWatch

Bank Midwest

Headquartered in Spirit Lake, IA. Part of Goodenow Bancorporation. FDIC certificate #5170 · Federal Reserve RSSD 45551.

Total assets
$1.3B
Deposits
$1.1B
Q1 2026
Active branches
11
Closings since Jan 2020
0
0 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$3M
Return on assets
1.00%
Return on equity
10.23%
Noncurrent loan rate
0.43%

Deposits by year (Summary of Deposits)

1
2019
1
2020
1
2021
1
2022
1
2023
1
2024
1
2025

Values in $ billions, June 30 of each year.

Other network changes since 2020

  • 1 branch relocations

Branches by state

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: bankmidwest.com.