BranchWatch

Midwest Bank

Headquartered in Detroit Lakes, MN. Part of Midwest Bank Group, Inc. FDIC certificate #9737 · Federal Reserve RSSD 806958.

Total assets
$985M
Deposits
$788M
Q2 2026
Active branches
7
Closings since Jan 2020
0
0 openings since Jan 2020
All locations →Quarterly financials →

Financial snapshot — Q2 2026

All quarters →
Net income (quarter)
$6M
Return on assets
2.52%
Return on equity
25.59%
Noncurrent loan rate
0.05%

Deposits by year (Summary of Deposits)

0
2019
1
2020
1
2021
1
2022
1
2023
1
2024
1
2025
1
2026

Values in $ billions, June 30 of each year.

Other network changes since 2020

  • 1 branch relocations

Branches by state

Minnesota 7

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