BlastPoint's Banking Scorecard
Bank Midwest
Designations: ✓ Community bank
Spirit Lake, IA
11 branches across MN · IA · SD
NEW · Q2 2026 RECAP
Your Quarter, Wrapped
A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.
Q2 2026 at a glance
- 1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 27 in IA.
- Deposits -0.8% year over year ($1.1B on the books).
- Delinquency rate 0.43%.
- Return on assets 1.01%.
- Efficiency ratio 61.76% vs a 59.73% peer average.
- Loan-to-deposit ratio 90.10% vs a 85.04% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
Bank Midwest has 2 strengths but faces 4 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Net Interest Margin 0.12% above tier average
- + Delinquency Rate 0.44% below tier average
Key Concerns
Areas that may need attention
- - Liquidity Strain: Bottom 3.9% in tier
- - Flatlined Growth: Bottom 21.6% in tier
- - ROA 0.38% below tier average
- - Efficiency Ratio 2.03% above tier average
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (IA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$1.3B
-1.0% YoY
+2.1% QoQ
|
-$1.4B |
$2.8B
-0.6% YoY
|
$566.2M
+5.8% YoY
|
$6.3B
+7.7% YoY
|
25% |
| Total Loans ? |
$1.0B
-1.3% YoY
+0.4% QoQ
|
-$927.2M |
$2.0B
-0.3% YoY
|
$385.0M
+5.4% YoY
|
$3.2B
+9.4% YoY
|
33% |
| Total Deposits ? |
$1.1B
-0.8% YoY
+2.5% QoQ
|
-$1.2B |
$2.3B
-0.5% YoY
|
$472.4M
+6.3% YoY
|
$4.9B
+7.3% YoY
|
27% |
| Return on Assets ? |
1.01%
+36.8% YoY
+1.0% QoQ
|
-0.38% |
1.39%
+17.0% YoY
|
1.58%
+39.1% YoY
|
1.30%
+12.1% YoY
|
30% |
| Net Interest Margin ? |
3.99%
+11.4% YoY
+1.9% QoQ
|
+0.12% |
3.87%
+6.2% YoY
|
3.58%
+9.0% YoY
|
3.95%
+4.9% YoY
|
67% |
| Efficiency Ratio ? |
61.76%
-14.1% YoY
-3.4% QoQ
|
+2.03% |
59.73%
-12.6% YoY
|
57.74%
-6.0% YoY
|
70.05%
+2.5% YoY
|
41% |
| Delinquency Rate ? |
0.43%
-28.3% YoY
-2.5% QoQ
|
-0.44% |
0.87%
+11.7% YoY
|
0.99%
+12.8% YoY
|
0.98%
+16.3% YoY
|
58% |
| Loan-to-Deposit Ratio ? |
90.10%
-0.5% YoY
-2.1% QoQ
|
+5.07% |
85.04%
-0.1% YoY
|
80.39%
+2.7% YoY
|
79.03%
+2.3% YoY
|
40% |
| Non-Interest-Bearing Deposit Share ? |
14.45%
+9.5% YoY
-0.2% QoQ
|
-6.82% |
21.27%
-1.5% YoY
|
17.72%
+0.8% YoY
|
21.98%
-0.6% YoY
|
25% |
| Nonperforming Asset Ratio ? |
0.33%
-28.6% YoY
-4.1% QoQ
|
-0.34% |
0.67%
+11.7% YoY
|
0.63%
+7.9% YoY
|
0.69%
+15.8% YoY
|
59% |
| Tier 1 Capital Ratio ? |
11.95%
+9.0% YoY
+0.9% QoQ
|
-2.90% |
14.84%
-0.4% YoY
|
14.69%
+3.0% YoY
|
17.09%
+0.8% YoY
|
32% |
| Non-Interest Income / Assets ? |
0.49%
+6.9% YoY
+93.2% QoQ
|
-0.03% |
0.53%
+2.5% YoY
|
0.24%
+5.5% YoY
|
0.66%
+5.2% YoY
|
80% |
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Deposit Composition
% of total deposits
| Metric | Current | vs Tier | Tier Avg | State Avg (IA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Noninterest-Bearing |
14.5%
+1.2pp YoY 0.0pp QoQ |
-6.9pp | 21.4% | 17.8% | 22.2% | 25% |
| Brokered Deposits |
7.8%
-4.7pp YoY -2.9pp QoQ |
-1.6pp | 9.5% | 6.0% | 8.5% | 61% |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (IA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I |
27.2%
-4.8pp YoY -0.1pp QoQ |
+13.2pp | 14.0% | 12.8% | 12.5% | 89% |
| CRE |
38.8%
+10.4pp YoY +2.7pp QoQ |
-11.2pp | 50.0% | 28.3% | 41.4% | 22% |
| 1-4 Family |
9.4%
-1.0pp YoY -0.7pp QoQ |
-17.0pp | 26.4% | 23.0% | 31.3% | 15% |
| Consumer |
3.0%
-0.1pp YoY -0.1pp QoQ |
-1.7pp | 4.7% | 2.9% | 5.0% | 73% |
Capital
| Metric | Current | vs Tier | Tier Avg | State Avg (IA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| CET1 Ratio |
11.9%
+1.0pp YoY +0.1pp QoQ |
-3.6pp | 15.6% | 15.4% | 19.7% | 22% |
| Leverage Ratio |
10.2%
+0.7pp YoY -0.1pp QoQ |
-1.2pp | 11.3% | 12.4% | 12.6% | 40% |
| Total Capital Ratio |
13.1%
+1.2pp YoY +0.2pp QoQ |
-3.6pp | 16.7% | 16.5% | 20.8% | 24% |
Efficiency & Staffing
| Metric | Current | vs Tier | Tier Avg | State Avg (IA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Full-Time Employees |
175
-4 (-2.2%) YoY +8 (+4.8%) QoQ |
-139 | 313 | 64 | 482 | 32% |
| Assets per Employee ($) |
$7.7M
+1.3% YoY -2.5% QoQ |
-$2.8M | $10.5M | $8.9M | $8.8M | 35% |
| Branch Count |
11
0 YoY 0 QoQ |
-9 | 20 | 5 | 18 | 35% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (IA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days |
0.1%
-0.2pp YoY 0.0pp QoQ |
-0.1pp | 0.2% | 0.4% | 0.4% | 71% |
| Nonaccrual |
0.4%
0.0pp YoY 0.0pp QoQ |
-0.5pp | 0.8% | 1.0% | 1.0% | 36% |
| Allowance Coverage |
3.05x
+68.6% YoY +8.5% QoQ |
-15.66x | 18.71x | 18.97x | 20.23x | 64% |
| Net Charge-off Rate (YTD) |
0.3%
0.0pp YoY +0.1pp QoQ |
0.0pp | 0.3% | 0.1% | 0.2% | 83% |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (IA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
10.3%
+1.8pp YoY 0.0pp QoQ |
-2.3pp | 12.6% | 12.8% | 11.6% | 36% |
| Cost of Funds (YTD) |
2.1%
-0.4pp YoY 0.0pp QoQ |
+0.2pp | 1.9% | 1.8% | 1.7% | 64% |
| Net Income ($, YTD) |
$6.7M
+34.4% YoY — QoQ |
-$12.5M | $19.2M | $4.0M | $40.4M | 21% |
Get Full Access to Bank Midwest
Unlock complete metrics, peer benchmarks, and signature insights for this and every other FDIC-insured bank - always free
Check your email at - link expires in 72 hours
Want to see an example first? Preview JPMorgan Chase's scorecard →
Signature Analysis
Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.
Strengths (0)
Concerns (2)
Liquidity Strain
riskLoan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.
Flatlined Growth
riskAsset growth stalled (-2% to +2% YoY) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.