Midwestone Bank Mortgage Rates, Fees & Info
Iowa City, IALEI: 549300LZLYU85WF65870
Tax ID: 42-0335350
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Bank Data
Review & Overview
Midwestone Bank is a smaller bank specializing in Refi and Home Purchase loans. Midwestone Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Dubuque, Minneapolis, Iowa City, Des Moines, and Waterloo among others. We have data for 62 markets. (Some data included below & more in-depth data is available with an active subscription.)Midwestone Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Midwestone Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
---|---|---|
Home Equity Line of Credit (HELOC) | 6.27% | 9/1/24 |
30 Year Conventional Purchase | 6.56% | 9/1/24 |
30 Year Conventional Refi | 6.34% | 9/1/24 |
30 Year Cash-out Refi | 6.63% | 9/1/24 |
30 Year FHA Purchase | 6.27% | 9/1/24 |
30 Year USDA Purchase | 7.02% | 9/1/24 |
15 Year Conventional Purchase | 5.85% | 9/1/24 |
15 Year Conventional Refi | 6.05% | 9/1/24 |
15 Year Cash-out Refi | 6.05% | 9/1/24 |
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. |
Midwestone Bank Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Midwestone Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,255Origination Dollar Volume (All Markets)
$384,735,000Employee count
771 Show all (15) awardsMidWestOne Bank - 2019
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Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
DUBUQUE, IA (FHA|USDA|VA) | 542 | $87,670,000 | $161,753 | $1,553 | 4.23% |
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 427 | $77,495,000 | $181,487 | $3,280 | 4.30% |
IOWA CITY, IA (FHA|USDA|VA) | 297 | $62,865,000 | $211,667 | $1,412 | 3.77% |
Outside of Metro Areas | 297 | $35,935,000 | $120,993 | $2,143 | 4.22% |
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 104 | $21,220,000 | $204,038 | $1,473 | 4.32% |
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 54 | $16,560,000 | $306,667 | $1,494 | 4.52% |
Oskaloosa, IA (FHA|USDA|VA) | 76 | $8,970,000 | $118,026 | $1,748 | 4.04% |
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 33 | $8,735,000 | $264,697 | $4,584 | 4.19% |
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 22 | $6,160,000 | $280,000 | $3,027 | 4.04% |
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 16 | $6,010,000 | $375,625 | $5,962 | 4.11% |
Platteville, WI (FHA|USDA|VA) | 45 | $5,685,000 | $126,333 | $1,549 | 4.07% |
Pella, IA (FHA|USDA|VA) | 34 | $5,660,000 | $166,471 | $1,363 | 3.85% |
Breckenridge, CO (FHA|USDA|VA) | 2 | $5,470,000 | $2,735,000 | $22,362 | 3.69% |
CEDAR RAPIDS, IA (FHA|USDA|VA) | 46 | $5,350,000 | $116,304 | $1,347 | 4.05% |
Muscatine, IA (FHA|USDA|VA) | 43 | $3,945,000 | $91,744 | $1,336 | 4.00% |
Burlington, IA-IL (FHA|USDA|VA) | 49 | $3,695,000 | $75,408 | $1,338 | 4.44% |
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 18 | $3,260,000 | $181,111 | $1,809 | 4.48% |
Brainerd, MN (FHA|USDA|VA) | 9 | $2,415,000 | $268,333 | $4,264 | 4.32% |
Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) | 28 | $2,050,000 | $73,214 | $1,995 | 4.07% |
Fairfield, IA (FHA|USDA|VA) | 26 | $1,360,000 | $52,308 | $1,894 | 4.23% |
Marshalltown, IA (FHA|USDA|VA) | 21 | $1,275,000 | $60,714 | $1,515 | 4.32% |
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $7,577 | 3.50% |
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $7,244 | 4.13% |
Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $695,000 | $695,000 | $0 | 3.75% |
COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $3,139 | 4.94% |
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 5.75% |
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $3,722 | 3.90% |
AMES, IA (FHA|USDA|VA) | 5 | $555,000 | $111,000 | $1,766 | 4.25% |
BOULDER, CO (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,709 | 3.63% |
Baraboo, WI (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $1,746 | 3.84% |
KANSAS CITY, MO-KS (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $2,195 | 3.58% |
Ottumwa, IA (FHA|USDA|VA) | 7 | $415,000 | $59,286 | $1,972 | 4.40% |
ST. CLOUD, MN (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $2,997 | 3.56% |
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $2,149 | 3.75% |
MADISON, WI (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $1,704 | 3.96% |
ROCHESTER, MN (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,878 | 4.50% |
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $2,345 | 3.83% |
Spirit Lake, IA (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $1,581 | 3.81% |
Clinton, IA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 3.63% |
FORT COLLINS, CO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,990 | 3.13% |
Faribault-Northfield, MN (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $2,698 | 4.13% |
ANN ARBOR, MI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,910 | 3.75% |
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 5.40% |
Sevierville, TN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,606 | 4.74% |
THE VILLAGES, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,125 | 3.75% |
EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,734 | 4.50% |
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,240 | 3.13% |
COLUMBIA, MO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,044 | 4.88% |
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 4.25% |
Fergus Falls, MN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,492 | 4.38% |
PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,199 | 3.88% |
Steamboat Springs, CO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,409 | 4.88% |
Dyersburg, TN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,867 | 4.00% |
Beaver Dam, WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,454 | 3.25% |
MANKATO, MN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.50% |
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,541 | 4.25% |
Grand Rapids, MN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $34 | 4.70% |
Fort Dodge, IA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,847 | 3.50% |
Beatrice, NE (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,172 | 3.69% |
LOUISVILLE, KY (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,340 | 4.13% |
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,228 | 4.25% |
GREEN BAY, WI (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.50% |
Similar Lenders
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Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 1,296 | $301,320,000 | $232,500 | $1,958 | 4.08% |
HELOC | 942 | $81,410,000 | $86,423 | n/a | 4.29% |
USDA | 17 | $2,005,000 | $117,941 | $3,467 | 3.97% |
For 2019, Midwestone Bank's most frequently originated type of loan was Conventional, with 1,296 originations. Their 2nd most popular type was HELOC, with 942 originations.
Loan Reason
For 2019, Midwestone Bank's most frequently cited loan purpose was Refi, with 812 originations. The 2nd most popular reason was Home Purchase, with 765 originations.
Loan Duration/Length
For 2019, Midwestone Bank's most frequently cited loan duration was 10 Year, with 853 originations. The 2nd most popular length was 30 Year, with 770 originations.
Origination Fees/Closing Costs
Midwestone Bank's average total fees were $2,194, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 897 originations.
Interest Rates
During 2019, Midwestone Bank's average interest rate for loans was 4.00%, while their most frequently originated rate bucket for loans was 3-4%, with 886 originations.
Loan Sizing
2019 saw Midwestone Bank place emphasis on $100,000 or less loans with 917 originations, totaling $45,795,000 in origination value.
Applicant Income
Midwestone Bank lent most frequently to those with incomes in the $50k-75k range, with 441 originations. The second most popular income band? $100k-150k, with 429 originations.
Applicant Debt to Income Ratio
Midwestone Bank lent most frequently to those with DTI ratios of 20-30%, with 631 originations. The next most common DTI ratio? <20%, with 421 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.76%
Midwestone Bank has an average approval rate.
Pick Rate
Approvals leading to origination87.49%
Midwestone Bank has an average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
0.0 | 1 | $75,000 | $75,000 |
NA | 2,254 | $384,660,000 | $170,657 |
Occupancy Type Mix
LTV Distribution
Complaints
Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
---|---|---|---|---|
MIDWEST EQUITY MORTGAGE, LLC | FHA mortgage | Closing on a mortgage | 1 | 100.0% |
Bank Details
Branches
Bank Name | Branch | Branch Type | Deposits (000's) |
---|---|---|---|
MidWestOne Bank | 100 North Main Street Cuba City, WI 53807 | Full Service B&M | $41,224 |
MidWestOne Bank | 1001 U.S. Highway 57 Parkersburg, IA 50665 | Full Service B&M | $38,161 |
MidWestOne Bank | 10030 Highway 149 North English, IA 52316 | Full Service B&M | $31,511 |
MidWestOne Bank | 102 South Clinton Street Iowa City, IA 52240 | Full Service B&M | $463,500 |
MidWestOne Bank | 1055 Lincoln Avenue Fennimore, WI 53809 | Full Service B&M | $35,041 |
MidWestOne Bank | 110 First Avenue Coralville, IA 52241 | Full Service B&M | $76,672 |
MidWestOne Bank | 11151 Lake Boulevard Chisago City, MN 55013 | Full Service B&M | $96,261 |
MidWestOne Bank | 112 North Main Street Sigourney, IA 52591 | Full Service B&M | $54,675 |
MidWestOne Bank | 120 West Center Conrad, IA 50621 | Full Service B&M | $53,767 |
MidWestOne Bank | 124 S 1st Street Oskaloosa, IA 52577 | Full Service B&M | $190,451 |
MidWestOne Bank | 130 Mcgregor Plaza Platteville, WI 53818 | Full Service B&M | $10,995 |
MidWestOne Bank | 1422 9th Street Southeast Dyersville, IA 52040 | Full Service B&M | $15,674 |
MidWestOne Bank | 1600 University Avenue Dubuque, IA 52001 | Full Service B&M | $6,013 |
MidWestOne Bank | 1650 South Lake Street Forest Lake, MN 55025 | Full Service B&M | $99,141 |
MidWestOne Bank | 18233 Carson Court Nw Elk River, MN 55330 | Full Service B&M | $42,420 |
MidWestOne Bank | 1899 Wynkoop Street, Suite 100 Denver, CO 80202 | Full Service B&M | $40,181 |
MidWestOne Bank | 1906 Keokuk St Iowa City, IA 52240 | Full Service B&M | $51,885 |
MidWestOne Bank | 1925 Main Street Hazel Green, WI 53811 | Full Service B&M | $14,974 |
MidWestOne Bank | 202 Main St. Melbourne, IA 50162 | Full Service B&M | $43,511 |
MidWestOne Bank | 2104 Hastings Avenue Newport, MN 55055 | Full Service B&M | $26,588 |
MidWestOne Bank | 2120 Hennepin Avenue South Minneapolis, MN 55405 | Full Service B&M | $15,160 |
MidWestOne Bank | 2183 Us Highway 8 East Saint Croix Falls, WI 54024 | Full Service B&M | $53,675 |
MidWestOne Bank | 222 First Avenue East Oskaloosa, IA 52577 | Limited, Drive-thru | $0 |
MidWestOne Bank | 2233 Rochester Avenue Iowa City, IA 52245 | Full Service B&M | $64,533 |
MidWestOne Bank | 2270 Frontage Road Stillwater, MN 55082 | Full Service B&M | $127,099 |
MidWestOne Bank | 235 North Madison Street Lancaster, WI 53813 | Full Service B&M | $26,731 |
MidWestOne Bank | 2408 West Burlington Avenue Fairfield, IA 52556 | Full Service B&M | $19,355 |
MidWestOne Bank | 2600 Rockdale Road Dubuque, IA 52001 | Full Service B&M | $35,002 |
MidWestOne Bank | 280 John F. Kennedy Road Dubuque, IA 52001 | Full Service B&M | $124,682 |
MidWestOne Bank | 301 First Avenue, East Dyersville, IA 52040 | Full Service B&M | $71,785 |
MidWestOne Bank | 304 Cascade Street North Osceola, WI 54020 | Full Service B&M | $95,648 |
MidWestOne Bank | 305 West Rainbow Drive West Liberty, IA 52776 | Full Service B&M | $42,951 |
MidWestOne Bank | 3110 Kimball Avenue Waterloo, IA 50702 | Full Service B&M | $12,558 |
MidWestOne Bank | 3225 Division St Burlington, IA 52601 | Full Service B&M | $103,550 |
MidWestOne Bank | 3250 Jackson Street Dubuque, IA 52001 | Full Service B&M | $27,596 |
MidWestOne Bank | 3585 124th Avenue Northwest Coon Rapids, MN 55433 | Full Service B&M | $70,437 |
MidWestOne Bank | 3670 East County Line White Bear Lake, MN 55110 | Full Service B&M | $55,682 |
MidWestOne Bank | 400 First Street South Farley, IA 52046 | Full Service B&M | $47,329 |
MidWestOne Bank | 404 Country Road Uu Hudson, WI 54016 | Full Service B&M | $55,838 |
MidWestOne Bank | 4099 Tamiami Trail North Naples, FL 34103 | Full Service B&M | $65,141 |
MidWestOne Bank | 4510 Prairie Pkwy Cedar Falls, IA 50613 | Full Service B&M | $30,997 |
MidWestOne Bank | 465 Hwy 965 Ne, Suite A North Liberty, IA 52317 | Full Service B&M | $62,859 |
MidWestOne Bank | 4730 Asbury Road Dubuque, IA 52001 | Full Service B&M | $88,250 |
MidWestOne Bank | 500 Oskaloosa Street Pella, IA 50219 | Full Service B&M | $0 |
MidWestOne Bank | 500 S. Clinton Street Iowa City, IA 52240 | Limited, Drive-thru | $0 |
MidWestOne Bank | 58 East Burlington Fairfield, IA 52556 | Full Service B&M | $54,454 |
MidWestOne Bank | 6640 Shady Oak Road Eden Prairie, MN 55344 | Full Service B&M | $50,811 |
MidWestOne Bank | 700 Main Street Pella, IA 50219 | Full Service B&M | $58,115 |
MidWestOne Bank | 701 Oaknoll Road Iowa City, IA 52246 | Limited, Mobile/Seasonal Office | $0 |
MidWestOne Bank | 7111 21st Avenue North Centerville, MN 55038 | Full Service B&M | $39,022 |
MidWestOne Bank | 7204 University Ave Windsor Heights, IA 50324 | Full Service B&M | $13,984 |
MidWestOne Bank | 750 Central Ave. E, Ste. 100 Saint Michael, MN 55376 | Full Service B&M | $42,778 |
MidWestOne Bank | 802 13th St Belle Plaine, IA 52208 | Full Service B&M | $49,826 |
MidWestOne Bank | 8690 Gladiolus Drive Fort Myers, FL 33908 | Full Service B&M | $44,762 |
MidWestOne Bank | 895 Main Street Dubuque, IA 52001 | Full Service B&M | $380,776 |
MidWestOne Bank | 913 Locust Street Dubuque, IA 52001 | Full Service B&M | $38,010 |
MidWestOne Bank | 926 Avenue G Fort Madison, IA 52627 | Full Service B&M | $40,062 |
MidWestOne Bank | 930 Southview Boulevard South Saint Paul, MN 55075 | Full Service B&M | $68,399 |
MidWestOne Bank | 9350 University Avenue West Des Moines, IA 50266 | Full Service B&M | $37,710 |
MidWestOne Bank | 945 Winnetka Avenue North Golden Valley, MN 55427 | Full Service B&M | $103,954 |
For 2019, Midwestone Bank had 60 branches.
Yearly Performance Overview
Bank Income
Item | Value (in 000's) |
---|---|
Total interest income | $183,223 |
Net interest income | $147,850 |
Total noninterest income | $31,261 |
Gross Fiduciary activities income | $5,192 |
Service charges on deposit accounts | $5,352 |
Trading account gains and fees | $1,227 |
Additional Noninterest Income | $19,490 |
Pre-tax net operating income | $56,175 |
Securities gains (or losses, -) | $145 |
Income before extraordinary items | $48,601 |
Discontinued Operations (Extraordinary gains, net) | $0 |
Net income of bank and minority interests | $48,601 |
Minority interest net income | $0 |
Net income | $48,601 |
Sale, conversion, retirement of capital stock, net | $0 |
Net operating income | $48,476 |
Midwestone Bank's gross interest income from loans was $183,223,000.
Midwestone Bank's net interest income from loans was $147,850,000.
Midwestone Bank's fee based income from loans was $5,352,000.
Midwestone Bank's net income from loans was $48,601,000.
Bank Expenses
Item | Value (in 000's) |
---|---|
Total interest expense | $35,373 |
Provision for credit losses | $7,158 |
Total noninterest expense | $115,778 |
Salaries and employee benefits | $63,717 |
Premises and equipment expense | $16,083 |
Additional noninterest expense | $35,978 |
Applicable income taxes | $7,719 |
Net charge-offs | $7,387 |
Cash dividends | $15,000 |
Midwestone Bank's interest expense for loans was $35,373,000.
Midwestone Bank's payroll and benefits expense were $63,717,000.
Midwestone Bank's property, plant and equipment expenses $16,083,000.
Loan Performance
Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
---|---|
All loans | 1.0% |
Real Estate loans | 1.0% |
Construction & Land Development loans | 0.0% |
Nonfarm, nonresidential loans | 0.0% |
Multifamily residential loans | 0.0% |
1-4 family residential loans | 0.0% |
HELOC loans | 0.0% |
All other family | 0.0% |
Commercial & industrial loans | 2.0% |
Personal loans | 0.0% |
Credit card loans | 0.2% |
Other individual loans | 0.0% |
Auto loans | 0.0% |
Other consumer loans | 0.0% |
Unsecured commercial real estate loans | 0.0% |
Deposits
Type | Value (in 000's) |
---|---|
Total deposits | $3,739,317 |
Deposits held in domestic offices | $3,739,317 |
Deposits by Individuals, partnerships, and corporations | $3,309,393 |
Deposits by U.S. Government | $7 |
Deposits by States and political subdivisions in the U.S. | $429,204 |
Deposits by Commercial banks and other depository institutions in U.S. | $713 |
Deposits by Banks in foreign countries | $0 |
Deposits by Foreign governments and official institutions | $0 |
Transaction accounts | $548,277 |
Demand deposits | $339,204 |
Nontransaction accounts | $3,191,040 |
Money market deposit accounts (MMDAs) | $1,850,452 |
Other savings deposits (excluding MMDAs) | $387,142 |
Total time deposits | $953,446 |
Total time and savings deposits | $3,400,113 |
Noninterest-bearing deposits | $661,442 |
Interest-bearing deposits | $3,077,875 |
Retail deposits | $3,468,103 |
IRAs and Keogh plan accounts | $124,185 |
Brokered deposits | $250 |
Deposits held in foreign offices | $0 |
Assets
Asset | Value (in 000's) |
---|---|
Total Assets | $4,645,441 |
Cash & Balances due from depository institutions | $73,286 |
Interest-bearing balances | $6,112 |
Total securities | $788,451 |
Federal funds sold & reverse repurchase | $198 |
Net loans and leases | $3,427,587 |
Loan and leases loss allowance | $29,079 |
Trading account assets | $1,836 |
Bank premises and fixed assets | $94,941 |
Other real estate owned | $4,273 |
Goodwill and other intangibles | $131,162 |
All other assets | $123,707 |
Liabilities
Liabilities | Value (in 000's) |
---|---|
Total liabilities and capital | $4,645,441 |
Total Liabilities | $4,069,933 |
Total deposits | $3,739,317 |
Interest-bearing deposits | $3,077,875 |
Deposits held in domestic offices | $3,739,317 |
% insured (estimated) | $73 |
Federal funds purchased and repurchase agreements | $117,249 |
Trading liabilities | $2,012 |
Other borrowed funds | $174,453 |
Subordinated debt | $0 |
All other liabilities | $36,902 |
Issued Loan Types
Type | Value (in 000's) |
---|---|
Net loans and leases | $3,427,587 |
Loan and leases loss allowance | $29,079 |
Total loans and leases (domestic) | $3,456,666 |
All real estate loans | $2,398,058 |
Real estate loans in domestic offices | $2,398,058 |
Construction and development loans | $298,077 |
Residential 1-4 family construction | $66,421 |
Other construction, all land development and other land | $231,656 |
Loans secured by nonfarm nonresidential properties | $1,107,490 |
Nonfarm nonresidential secured by owner-occupied properties | $502,037 |
Commercial real estate & other non-farm, non-residential | $605,453 |
Multifamily residential real estate | $227,407 |
1-4 family residential loans | $583,199 |
Farmland loans | $181,885 |
Loans held in foreign offices | $0 |
Farm loans | $140,446 |
Commercial and industrial loans | $580,241 |
To non-U.S. addressees | $0 |
Loans to individuals | $69,930 |
Credit card loans | $4,842 |
Related Plans | $4,002 |
Consumer Auto Loans | $27,291 |
Other loans to individuals | $33,795 |
All other loans & leases | $267,992 |
Loans to foreign governments and official institutions | $0 |
Other loans | $34,526 |
Loans to depository institutions and acceptances of other banks | $0 |
Loans not secured by real estate | $5,441 |
Loans secured by real estate to non-U.S. addressees | $1,205 |
Restructured Loans & leases | $4,372 |
Non 1-4 family restructured loans & leases | $3,377 |
Total loans and leases (foreign) | $0 |
MidWestOne Bank had $3,427,587,000 of loans outstanding in 2019. $2,398,058,000 of loans were in real estate loans. $298,077,000 of loans were in development loans. $227,407,000 of loans were in multifamily mortgage loans. $583,199,000 of loans were in 1-4 family mortgage loans. $140,446,000 of loans were in farm loans. $4,842,000 of loans were in credit card loans. $27,291,000 of loans were in the auto loan category.
Small Business Loans
Categorization | # of Loans in Category | $ amount of loans (in 000's) | Average $/loan |
---|---|---|---|
Nonfarm, nonresidential loans - <$1MM | 1,428 | $342,790 | $240,049 |
Nonfarm, nonresidential loans - <$100k | 305 | $20,729 | $67,964 |
Nonfarm, nonresidential loans - $100-250k | 457 | $57,870 | $126,630 |
Nonfarm, nonresidential loans - $250k-1MM | 666 | $264,191 | $396,683 |
Commercial & Industrial, US addressed loans - <$1MM | 3,311 | $252,277 | $76,194 |
Commercial & Industrial, US addressed loans - <$100k | 2,153 | $54,146 | $25,149 |
Commercial & Industrial, US addressed loans - $100-250k | 613 | $56,570 | $92,284 |
Commercial & Industrial, US addressed loans - $250k-1MM | 545 | $141,561 | $259,745 |
Farmland loans - <$1MM | 701 | $88,576 | $126,357 |
Farmland loans - <$100k | 166 | $8,140 | $49,036 |
Farmland loans - $100-250k | 311 | $33,572 | $107,949 |
Farmland loans - $250k-1MM | 224 | $46,864 | $209,214 |
Agriculture operations loans - <$1MM | 1,408 | $87,012 | $61,798 |
Agriculture operations loans - <$100k | 1,035 | $32,348 | $31,254 |
Agriculture operations loans - $100-250k | 272 | $30,300 | $111,397 |
Agriculture operations loans - $250k-1MM | 101 | $24,364 | $241,228 |