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Midwest Heritage Bank, FSB
West Des Moines, IA · FDIC Certificate #4432 · Chartered 04/0
Total assets
$768.31M
Total deposits
$649.58M
Total equity
$92.94M
Net loans
$521.88M
Branches (offices)
13
Net income (YTD)
$5.10M
Rank: #1,300 of 4,213 U.S. banks by assets · #36 of 225 in Iowa. Assets changed 56.3% and deposits 79.3% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.75% |
| Return on equity | 13.26% |
| Net interest margin (YTD) | 4.12% |
| Equity to assets | 12.10% |
| Tier 1 leverage ratio | 12.82% |
| Uninsured deposits (share of deposits) | 35.4% |
| Noncurrent loans (share of loans) | 1.78% |
| Net charge-offs (share of loans) | 0.01% |
| Loans to deposits | 80.3% |
| Real estate loans (share of loans) | 77.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $401.87M | 77.0% | |
| Commercial & industrial | $49.69M | 9.5% | |
| Consumer / individual | $47.14M | 9.0% | |
| Construction & development | $16.71M | 3.2% | |
| Agricultural | $28.71M | 5.5% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $409.13M | $351.13M | $1.18M | $43.33M |
| Jun 2023 | $428.62M | $323.93M | $3.17M | $47.56M |
| Jun 2024 | $464.68M | $366.95M | $3.72M | $53.47M |
| Jun 2025 | $491.51M | $362.35M | $5.69M | $64.12M |
| Jun 2026 | $768.31M | $649.58M | $5.10M | $92.94M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Iowa | $649.58M | 12 |
| Kansas | $0 | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $649.58M.
Similar-sized banks
Sage Capital Bank, ($768.88M) · Liberty Capital Bank ($767.87M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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