Great Midwest Bank, State Savings Bank
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Data as of · sourced from FFIEC call reports. How we update
Great Midwest Bank, State Savings Bank is an FDIC-insured savings bank headquartered in Brookfield, WI, established in 1936 (FDIC certificate 29657), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.06B, up 6.8% from Q2 2025, the 27th largest of 153 banks headquartered in Wisconsin. It reports no CET1 ratio; its Tier 1 leverage ratio was 16.50% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 29657
- Headquarters
- Brookfield, WI
- Established
- 1936
- Total assets, Q2 2026
- $1.06B
- Assets vs Q2 2025
- +6.8%
- Tier 1 leverage ratio, Q2 2026
- 16.50%
- Domestic offices
- 8 FDIC institution directory, current count
- Routing number
- 275971906
- Latest call report
- Q2 2026, FFIEC 051 · Great Midwest Bank, State Savings Bank Q3 2026 call report, filed October 9, 2026 (preliminary)
- Asset rank in state
- 27th of 153 in Wisconsin
Great Midwest Bank, State Savings Bank pays more for its money than most banks of its size. It reported $1.1 billion in assets at June 30, 2026, up 6.8% from a year earlier. It pays an average of 3.21% on its deposits and borrowings, higher than about 9 in 10 of the 880 banks with $1 billion to $10 billion in assets (median 2.01%). On the other hand, it funds 16.50% of its assets with Tier 1 capital, higher than about 9 in 10 banks its size (median 10.49%).
Earnings jumped: net income for the quarter was $3.4 million, 131% above the same quarter a year earlier. Over the same year, loans grew 6.6% and deposits shrank 1.0%. Its margin is thin by comparison: it keeps 2.99 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.71 cents).
As of June 30, 2026, Great Midwest Bank, State Savings Bank reported a return on assets of 1.29%, a nonperforming-loan ratio of 0.56% and a Texas ratio of 3.01%. The figures come from its call report filed with the FFIEC.
Of the 153 banks headquartered in Wisconsin, Great Midwest Bank, State Savings Bank is the 27th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 0.3% to $1.06B, loans rose 3.1% and deposits rose 0.6%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 73.7% of total loans, ahead of construction and land development loans at 15.0%. The FDIC Summary of Deposits lists 8 offices for it, in 8 cities in WI; its Brookfield office books 54% of its branch deposits. Judged on its Q2 2026 call report, Great Midwest Bank, State Savings Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 15900 W Bluemound Rd, Brookfield, WI 53005
- County
- Waukesha
- Metro Area
- Milwaukee-Waukesha, WI
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- —
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- March 25, 1936
- Former names
- Great Midwest Bank, S.S.B. (1990)
- Domestic offices
- 8 FDIC institution directory, current count
- Employees (FTE)
- 82
- Domestic deposits
- $620.8M
- Allowance for credit losses
- $4.0M
- Net charge-offs (YTD)
- -$1K
- Average total assets
- $1.05B
- Average total loans
- $930.8M
- Average interest-bearing deposits
- $567.8M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 29657
- Fed RSSD
- 524579
- Website
- www.greatmidwestbank.com →
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Great Midwest Bank, State Savings Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Great Midwest Bank, State Savings Bank's total assets moved between a low of $960.8M (Q3 2023) and a high of $1.06B (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.06B total assets against $993.9M; $890.3M total liabilities against $832.7M.
$934.9M net loans and leases against $876.9M; $620.8M total deposits against $627.1M.
$62.6M securities against $59.3M; $14.1M cash and balances due against $12.4M.
$14.7M total interest income against $13.1M; $7.1M total interest expense against $7.2M.
$7.6M net interest income against $5.9M.
$2.0M total noninterest income against $739K; $5.0M total noninterest expense against $4.6M.
No provision recorded in the last 12 quarters.
$3.4M net income against $1.5M.
1.29% return on assets against 0.59%; 2.99% net interest margin against 2.41%.
16.50% tier 1 leverage ratio against 16.40%.
Inside the full Great Midwest Bank, State Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch 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 are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Great Midwest Bank, State Savings Bank rankings
Its closest position to the top of a national ranking is 985 of 4,196, for total assets; its furthest is 1,858 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.40% (Q4 2024) to 1.29% (Q2 2026) and its net interest margin ran from 2.00% (Q3 2024) to 2.99% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 16.50% | 1.29% | 0.56% | 3.01% | 2.99% |
| Q1 2026 | 16.39% | 1.00% | 0.52% | 2.73% | 2.95% |
| Q4 2025 | 16.44% | 0.76% | 0.47% | 2.54% | 2.74% |
| Q3 2025 | 16.59% | 0.79% | 0.69% | 3.67% | 2.53% |
| Q2 2025 | 16.40% | 0.59% | 0.66% | 3.53% | 2.41% |
| Q1 2025 | 16.42% | 0.62% | 0.24% | 1.28% | 2.39% |
| Q4 2024 | 16.15% | 0.40% | 0.16% | 0.85% | 2.45% |
| Q3 2024 | 16.09% | 0.49% | 1.08% | 5.82% | 2.00% |
Swipe the table sideways to see every column.
Branch Network
View all 8 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Great Midwest Bank, S.S.B. | Brookfield , WI | 53005 | $337.6M |
| 5150 South 76th Street Branch | Greendale , WI | 53129 | $63.9M |
| 4775 South 27th Street Branch | Greenfield , WI | 53221 | $56.2M |
| 600 Hartbrook Dr Branch | Hartland , WI | 53029 | $45.9M |
| 1050 East Chestnut Street | Chilton , WI | 53014 | $38.0M |
| 10269 West National Ave Branch | West Allis , WI | 53227 | $36.7M |
| Madison Office Branch | Middleton , WI | 53562 | $23.6M |
| 505 West Brown Deer Road Branch | Bayside , WI | 53217 | $19.0M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in WI, rank 51 of 185 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Great Midwest Bank, State Savings Bank
What are Great Midwest Bank, State Savings Bank's total assets?
As of the Q2 2026 filing, Great Midwest Bank, State Savings Bank reported total assets of $1.06 billion in its FFIEC call report.
Where is Great Midwest Bank, State Savings Bank headquartered?
It is headquartered in Brookfield, WI, United States.
When was Great Midwest Bank, State Savings Bank founded?
It was established in 1936, per the FDIC institution directory.
Is Great Midwest Bank, State Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #29657). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Great Midwest Bank, State Savings Bank?
Great Midwest Bank, State Savings Bank's primary federal regulator is the FDIC.
How many branches does Great Midwest Bank, State Savings Bank operate?
It operates 8 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Great Midwest Bank, State Savings Bank's Texas Ratio?
Its Texas Ratio is 3.01% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Great Midwest Bank, State Savings Bank previously called?
The charter now named Great Midwest Bank, State Savings Bank has also operated as Great Midwest Bank, S.S.B. (1990), per FDIC structure-change records.
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