First Bank Midwest — Financials & Key Ratios
Data as of · sourced from FFIEC call reports. How we update
First Bank Midwest is an FDIC-insured commercial bank. The Q1 2026 balance sheet stands at $1.5B in assets, including $1.2B in loans. Earnings are mid-range — 0.76% ROA and a 3.05% net interest margin. Capital cushions are healthy: 13.37% CET1, 11.10% Tier 1 leverage. Asset quality is solid — 1.33% nonperforming loans and a 11.72% Texas Ratio. Its footprint covers 14 branches concentrated in Indiana.
Headquarters Profile
- Address
- 20 N 9th St , RICHMOND , IN 47374
- County
- Wayne
- Metro Area
- RICHMOND, IN
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- Fed District
- 9
- Established
- January 1, 1887
- Branches
- 14 domestic
- Employees (FTE)
- 173
- FDIC Cert
- 28533
- Fed RSSD
- 419675
- Website
- www.firstbankrichmond.com →
- Parent Holding Company
- RICHMOND MUTUAL BANCORPORATION, INC. (RSSD 5371947)
Profitability
Capital & Liquidity
Inside the full First Bank Midwest terminal
8 tabs · 24-year trend charts · peer percentiles · Excel export
Unlock First Bank Midwest — freeThis is just First Bank Midwest's summary.
See the full 24-year trend, peer benchmarking, and risk analysis for this bank — plus every one of the 4,336 currently filing institutions , with CAMELS-style metric analytics and exportable tearsheets.
Free account · no credit card required
Watch flags
Automated conditions triggered on this bank's latest filing. Advisory only — see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding exceed total deposits — the bank is funding the gap with wholesale sources (FHLB advances, brokered deposits, repo) that are more rate-sensitive and can dry up in a stress scenario. Industry heuristic — not a supervisory threshold.
Commercial real estate loans exceed 300% of total capital — the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
First Bank Midwest rankings
How this bank ranks against the full population of US commercial banks in each leaderboard. Click any rank to see the full ranked list.
Quarterly trend — last 6 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
Branch Network
Every branch from the FDIC Summary of Deposits — mapped, and listed with the deposits booked at each location. View all 13 branch locations →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First Bank Richmond | Richmond , IN | 47374 | $541.4M |
| Sidney Branch | Sidney , OH | 45365 | $123.6M |
| Cambridge City Branch | Cambridge City , IN | 47327 | $61.1M |
| North Side Branch | Richmond , IN | 47374 | $59.9M |
| Sidney Branch | Sidney , OH | 45365 | $49.6M |
| Shelbyville Branch | Shelbyville , IN | 46176 | $48.6M |
| East Side Branch | Richmond , IN | 47374 | $46.4M |
| Westside Branch | Richmond , IN | 47374 | $43.9M |
| Piqua Branch | Piqua , OH | 45356 | $42.7M |
| Troy Branch | Troy , OH | 45373 | $36.4M |
| Centerville Branch | Centerville , IN | 47330 | $34.7M |
| Piqua Downtown | Piqua , OH | 45356 | $11.6M |
| South A Street Motor Branch | Richmond , IN | 47374 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
- Structure ChangeCharter Discontinued (Merger or Purchase & Assumption)FFIEC NIC
- Structure ChangeCharter Discontinued (Merger or Purchase & Assumption)FFIEC NIC
- MergerParticipated in Absorption/Consolidation/MergerFDIC
- Structure ChangeCharter Discontinued (Merger or Purchase & Assumption)FFIEC NIC
Sourced from unified bank events (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 4 events.
Similar banks
Compare First Bank Midwest with peers
Side-by-side comparison of capital, profitability, asset quality, and balance sheet — pick a peer to view the full head-to-head.
Frequently asked about First Bank Midwest
What are First Bank Midwest's total assets?
As of the Q1 2026 filing, First Bank Midwest reported total assets of $1.51 billion in its most recent FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is First Bank Midwest headquartered?
First Bank Midwest is headquartered in RICHMOND, IN, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.
When was First Bank Midwest founded?
First Bank Midwest was established in 1887, per the FDIC institution directory.
Is First Bank Midwest FDIC-insured?
Yes. First Bank Midwest is an FDIC-insured commercial bank (FDIC Certificate #28533). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Bank Midwest?
First Bank Midwest's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is First Bank Midwest's CET1 capital ratio?
First Bank Midwest reported a Common Equity Tier 1 (CET1) capital ratio of 13.37% in its most recent quarterly filing — comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First Bank Midwest operate?
First Bank Midwest operates 14 domestic branches, per the most recent FDIC Summary of Deposits filing.
What is First Bank Midwest's Texas Ratio?
First Bank Midwest's Texas Ratio is 11.72% — within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; see our /glossary/texas-ratio/ page for the full definition.
Go deeper on First Bank Midwest.
Unlock the full terminal — 25 years of quarterly trends, peer benchmarking, watch flags, and Excel tearsheets for this bank and every other US institution.
Start freeFree account · no credit card required