BlastPoint

BlastPoint's Banking Scorecard

Midwest Bank

$100M-$1B Specialty: Commercial MN FDIC cert 9737

Detroit Lakes, MN

7 branches across MN

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 2,643 banks in the $100M-$1B peer group nationwide — 1 of 151 in MN.
  • Deposits +11.0% year over year ($788.5M on the books).
  • Delinquency rate 0.05%.
  • Return on assets 2.52%.
  • Efficiency ratio 40.15% vs a 64.48% peer average.
  • Loan-to-deposit ratio 111.90% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 151 in MN
View $100M-$1B leaderboard (MN) →

Midwest Bank has 4 strengths but faces 2 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Credit Quality Leader: Top 7.9% in tier
  • + Profitability Leader: Top 11.2% in tier
  • + Efficiency Ratio 24.33% below tier average
  • + Net Interest Margin 0.27% above tier average

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 5.7% in tier
  • - Loan-to-Deposit Ratio 33.95% above tier average
Get updates when Midwest Bank releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $984.5M
+17.3% YoY +7.5% QoQ
+$598.0M $386.6M
+1.2% YoY
$524.5M
+5.8% YoY
$6.3B
+7.7% YoY
Top 0.5% in tier
Total Loans ? $882.3M
+19.7% YoY +8.0% QoQ
+$624.0M $258.3M
+1.7% YoY
$300.2M
+7.3% YoY
$3.2B
+9.4% YoY
Top 0.1% in tier
Total Deposits ? $788.5M
+11.0% YoY +3.4% QoQ
+$461.8M $326.7M
+0.7% YoY
$452.1M
+5.5% YoY
$4.9B
+7.3% YoY
Top 2.7% in tier
Return on Assets ? 2.52%
+23.4% YoY +1.9% QoQ
+1.19% 1.32%
+10.8% YoY
1.26%
+17.2% YoY
1.30%
+12.1% YoY
Top 4.6% in tier
Net Interest Margin ? 4.26%
+6.8% YoY +1.8% QoQ
+0.27% 3.99%
+5.0% YoY
4.00%
+6.8% YoY
3.95%
+4.9% YoY
68%
Efficiency Ratio ? 40.15%
-17.2% YoY +0.7% QoQ
-24.33% 64.48%
-3.2% YoY
63.00%
-3.5% YoY
70.05%
+2.5% YoY
Top 4.2% in tier
Delinquency Rate ? 0.05%
+84.3% YoY -8.1% QoQ
-0.87% 0.92%
+15.7% YoY
1.01%
+19.3% YoY
0.98%
+16.3% YoY
80%
Loan-to-Deposit Ratio ? 111.90%
+7.8% YoY +4.4% QoQ
+33.95% 77.95%
+1.0% YoY
78.29%
-0.6% YoY
79.03%
+2.3% YoY
Bottom 2.4% in tier
Non-Interest-Bearing Deposit Share ? 18.14%
+0.1% YoY +10.7% QoQ
-3.89% 22.03%
-0.6% YoY
21.79%
+0.9% YoY
21.98%
-0.6% YoY
37%
Nonperforming Asset Ratio ? 0.04%
+88.0% YoY -7.7% QoQ
-0.63% 0.67%
+16.4% YoY
0.76%
+16.9% YoY
0.69%
+15.8% YoY
80%
Tier 1 Capital Ratio ? 9.84%
-11.1% YoY -5.1% QoQ
-6.07% 15.91%
+1.4% YoY
15.35%
-0.4% YoY
17.09%
+0.8% YoY
Bottom 8.6% in tier
Non-Interest Income / Assets ? 0.25%
+88.0% YoY +69.0% QoQ
-0.32% 0.57%
+7.6% YoY
0.31%
+3.9% YoY
0.66%
+5.2% YoY
63%

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 (MN) National Avg Tier Percentile
Noninterest-Bearing 18.1%
0.0pp YoY
+1.8pp QoQ
 -4.0pp 22.1% 21.9% 22.2% 36%
Brokered Deposits 3.2%
+1.4pp YoY
+1.2pp QoQ
 -4.7pp 7.9% 8.3% 8.5% 39%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
C&I 19.8%
+0.6pp YoY
+1.4pp QoQ
 +8.2pp 11.6% 14.6% 12.5% 88%
CRE 43.2%
+1.2pp YoY
0.0pp QoQ
 +3.7pp 39.5% 36.5% 41.4% 59%
1-4 Family 20.4%
-1.1pp YoY
-1.7pp QoQ
 -12.2pp 32.6% 29.4% 31.3% 31%
Consumer 1.4%
+0.1pp YoY
+0.1pp QoQ
 -2.7pp 4.1% 4.5% 5.0% 37%

Capital

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
CET1 Ratio n/a n/a 18.8% 16.5% 19.7% n/a
Leverage Ratio 9.8%
-0.4pp YoY
-0.5pp QoQ
 -2.3pp 12.2% 11.0% 12.6% 27%
Total Capital Ratio n/a n/a 19.9% 17.6% 20.8% n/a

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Full-Time Employees 104
+6 (+6.1%) YoY
+2 (+2.0%) QoQ
 +45 58 55 482 88%
Assets per Employee ($) $9.5M
+10.5% YoY
+5.5% QoQ
 +$1.9M $7.5M $8.6M $8.8M 83%
Branch Count 7
0 YoY
0 QoQ
 +2 4 4 18 75%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.3% 0.4% 0.4% n/a
Nonaccrual 0.0%
0.0pp YoY
0.0pp QoQ
 -0.9pp 0.9% 1.0% 1.0% 11%
Allowance Coverage 19.73x
-41.3% YoY
+7.4% QoQ
 -4.42x 24.15x 20.41x 20.23x 88%
Net Charge-off Rate (YTD) 0.0%
0.0pp YoY
0.0pp QoQ
 -0.1pp 0.1% 0.2% 0.2% 33%

Profitability

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
ROE 25.6%
+5.4pp YoY
+0.9pp QoQ
 +13.4pp 12.2% 13.1% 11.6% 96%
Cost of Funds (YTD) 2.3%
-0.1pp YoY
0.0pp QoQ
 +0.6pp 1.7% 1.7% 1.7% 85%
Net Income ($, YTD) $11.7M
+40.5% YoY
— QoQ
 +$9.2M $2.6M $4.5M $40.4M 99%

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 are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (2)

Credit Quality Leader

growth
#53 of 659 • Top 7.9% in tier

Best-in-class credit quality (delinquency in bottom 25% of peer group). Conservative underwriting paying off.

Why this signature
Delinquency Rate: 0.05%
(Tier: 0.92%, National: 0.98%)
better than tier avg
659 of 659 Community banks match · 920 nationally
→ Stable +1 banks QoQ | QoQ rank declining

Profitability Leader

growth
#75 of 661 • Top 11.2% in tier

Top-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.

Why this signature
Return on Assets: 2.52%
(Tier: 1.32%, National: 1.30%)
better than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable | QoQ rank improving

Concerns (1)

Credit Quality Pressure

risk
#73 of 1256 • Bottom 5.7% in tier

Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.

Why this signature
Delinquency Rate: 0.05%
(Tier: 0.92%, National: 0.98%)
better than tier avg
1256 of 1256 Community banks match · 1820 nationally
→ Stable -71 banks QoQ | QoQ rank improving

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2643 peers in $100M-$1B

Top Strengths (7 metrics)

1
Total Loans
size
Value: $882.31M
Peer Median: $258.35M
#1 of 2643 Top 0.1% in $100M-$1B
14
Total Assets
size
Value: $984.52M
Peer Median: $386.57M
#14 of 2643 Top 0.5% in $100M-$1B
72
Total Deposits
size
Value: $788.50M
Peer Median: $326.73M
#72 of 2643 Top 2.7% in $100M-$1B
112
Efficiency Ratio
profitability
Value: 40.15%
Peer Median: 64.48%
#112 of 2643 Top 4.2% in $100M-$1B
123
Return on Assets
profitability
Value: 2.52%
Peer Median: 1.32%
#123 of 2643 Top 4.6% in $100M-$1B
530
Delinquency Rate
credit_quality
Value: 0.05%
Peer Median: 0.92%
#530 of 2633 Top 20.1% in $100M-$1B
533
Nonperforming Asset Ratio
credit_quality
Value: 0.04%
Peer Median: 0.67%
#533 of 2643 Top 20.1% in $100M-$1B

Top Weaknesses (2 metrics)

2580
Loan-to-Deposit Ratio
liquidity
Value: 111.90%
Peer Median: 77.95%
#2580 of 2643 Bottom 2.4% in $100M-$1B
2417
Tier 1 Capital Ratio
capital
Value: 9.84%
Peer Median: 15.91%
#2417 of 2643 Bottom 8.6% in $100M-$1B
Powered by BlastPoint © 2026