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Midwest Bank (Pierce, NE)

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Pierce, NE $1B to $10B in assets Est. January 1, 1882 FDIC #13255 RSSD #669555 Routing #104102192 Federal Reserve

Data as of · sourced from FFIEC call reports. How we update

Midwest Bank is an FDIC-insured commercial bank headquartered in Pierce, NE, established in 1882 (FDIC certificate 13255), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $1.24B, up 2.3% from Q2 2025, the 13th largest of 138 banks headquartered in Nebraska. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.40% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.

Charter
Commercial bank
Regulator
Federal Reserve
Deposit insurance
FDIC
FDIC certificate
13255
Headquarters
Pierce, NE
Established
1882
Total assets, Q2 2026
$1.24B
Assets vs Q2 2025
+2.3%
Tier 1 leverage ratio, Q2 2026
9.40%
Domestic offices
11 FDIC institution directory, current count
Routing number
104102192
Latest call report
Q2 2026, FFIEC 051 · Midwest Bank call report
Holding company
MIDWEST BANC HOLDING CO.
Asset rank in state
13th of 138 in Nebraska
Assets
$1.24B
Deposits
$1.04B
Loans
$912.3M
Equity
$109.3M

Problem loans are rising at Midwest Bank. The Pierce, Nebraska bank had $1.2 billion in assets at June 30, 2026, up 2.3% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.44% of loans from 0.10% a year earlier. It funds 9.40% of its assets with Tier 1 capital, lower than about three-quarters of the 895 banks with $1 billion to $10 billion in assets (median 10.52%). It also grew its loan book 1.0% over the year, a small fraction of the median of 5.9% for banks its size.

Earnings jumped: net income for the quarter was $3.8 million, 55% above the same quarter a year earlier. Over the same year, loans grew 1.0% and deposits grew 6.3%. Funding is the softer spot: it pays an average of 2.42% on its deposits and borrowings, higher than about three-quarters of banks its size (median 2.01%).

As of June 30, 2026, Midwest Bank reported a return on assets of 1.20%, a nonperforming-loan ratio of 0.44% and a Texas ratio of 3.33%. The figures come from its call report filed with the FFIEC.

By total assets at Q2 2026, Midwest Bank is the 13th largest of the 138 banks headquartered in Nebraska. From Q1 2026 to Q2 2026, its total assets fell 0.6% to $1.24B, loans fell 0.4% and deposits fell 2.2%. Its loan book on June 30, 2026 was led by agricultural production loans, at 27.5% of total loans, followed by farmland and other real estate loans at 19.8%. Its 11 offices in the FDIC Summary of Deposits are in 9 cities in NE; its Norfolk 2 offices book 25% of its branch deposits. On its Q2 2026 call report, Midwest Bank meets the community bank leverage ratio test for well capitalized.

Headquarters Profile

Address
114 W Main St, Pierce, NE 68767
County
Pierce
Metro Area
Norfolk, NE
Charter
Commercial bank, state charter, Fed member, FRB-supervised
Primary Regulator
Federal Reserve
FDIC Region
Kansas City (Region 11)
Federal Reserve member
Yes
Federal Reserve district
District 10, Kansas City
Fiduciary (trust) powers
Trust powers not granted
Call Report form
FFIEC 051
Established
January 1, 1882
Former names
Midwest Bank National Association (1998-2021)
Domestic offices
11 FDIC institution directory, current count
Employees (FTE)
176
Domestic deposits
$1.04B
Allowance for credit losses
$14.5M
Net charge-offs (YTD)
$1K
Average total assets
$1.26B
Average total loans
$914.2M
Average interest-bearing deposits
$920.4M
Tax status
C corporation
Ownership
Stock
Community bank
Yes
FDIC-insured since
January 1, 1934
FDIC Cert
13255
Fed RSSD
669555

Profitability

Q2 annualized
Return on Assets1.20%YTD 1.09%
Return on Equity14.06%YTD 12.84%
Net Interest Margin3.71%YTD 3.66%

Balance Sheet

Total liabilities$1.13B
Cash & balances due$26.7M
Securities, available-for-sale$226.9M
Securities, held-to-maturity$0
Goodwill & intangibles$1.9M

Income Statement

Net income Q2$3.8M
Net interest income YTD$21.5M
Total interest income YTD$35.4M
Total interest expense YTD$13.9M
Provision for credit losses YTD$850K

Operating & Funding

Total noninterest income YTD$3.3M
Total noninterest expense YTD$15.6M

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, Midwest Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures

Quarterly trends

Midwest Bank's total assets moved between a low of $1.02B (Q3 2023) and a high of $1.25B (Q4 2025) 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

Total assets and total liabilities

$1.24B total assets against $1.21B; $1.13B total liabilities against $1.12B.

Loans and leases against deposits

$897.9M net loans and leases against $890.6M; $1.04B total deposits against $979.3M.

Securities and cash

$226.9M securities against $194.7M; $26.7M cash and balances due against $54.4M.

Interest income against interest expense

$17.8M total interest income against $16.3M; $6.9M total interest expense against $7.1M.

Net interest income

$10.9M net interest income against $9.1M.

Noninterest income against noninterest expense

$1.7M total noninterest income against $1.2M; $7.8M total noninterest expense against $7.0M.

Provision for credit losses

$300K provision for credit losses against $310K.

Net income

$3.8M net income against $2.4M.

Return on assets and net interest margin

1.20% return on assets against 0.82%; 3.71% net interest margin against 3.32%.

CET1 and Tier 1 leverage ratios

9.40% tier 1 leverage ratio against 9.21%.

Inside the full Midwest Bank terminal

21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts

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Quarterly trend: last 8 quarters

Across the 8 quarters to Q2 2026, its return on assets ran from 0.70% (Q4 2024) to 1.20% (Q2 2026) and its net interest margin ran from 2.99% (Q3 2024) to 3.71% (Q2 2026).

Quarter Leverage ROA NPL Texas NIM
Q2 2026 9.40% 1.20% 0.44% 3.33% 3.71%
Q1 2026 9.12% 0.98% 0.37% 3.05% 3.62%
Q4 2025 9.31% 0.83% 0.51% 4.24% 3.58%
Q3 2025 9.16% 1.00% 0.25% 2.07% 3.48%
Q2 2025 9.21% 0.82% 0.10% 0.85% 3.32%
Q1 2025 9.16% 0.79% 0.01% 0.05% 3.22%
Q4 2024 9.45% 0.70% 0.00% 0.02% 3.13%
Q3 2024 9.37% 0.74% 0.01% 0.09% 2.99%

Swipe the table sideways to see every column.

Branch Network

View all 11 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.

1–11 of 11
Branch Location ZIP Deposits
Norfolk - Admin Branch Norfolk , NE 68701 $242.6M
Midwest Bank (main office) Pierce , NE 68767 $188.0M
York Branch York , NE 68467 $121.2M
Lincoln Branch Lincoln , NE 68512 $111.2M
Creighton Branch Creighton , NE 68729 $97.0M
Plainview Branch Plainview , NE 68769 $79.9M
Deshler Branch Deshler , NE 68340 $74.8M
Wisner Branch Wisner , NE 68791 $53.1M
Pilger Branch Pilger , NE 68768 $47.3M
Pioneer Branch Lincoln , NE 68516 $13.5M
Midtown Branch Norfolk , NE 68701 $12.7M

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.

Date Category Event Source
December 30, 1998 Merger Participated in Absorption/Consolidation/Merger FDIC
December 30, 1998 Structure Change Acquired The Nebraska Security Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank FFIEC NIC
May 9, 1984 Structure Change Charter Discontinued (Merger or Purchase & Assumption) FFIEC NIC

Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 3 events.

Regulatory record

Facts as filed or published, not a rating.

Enforcement actions
1 against the institution (OCC)
  • October 13, 2006, OCC: Civil Money Penalty (CMP): MidWest Bank, National Association
Period: Most recent institution action October 13, 2006. Source: FDIC, Federal Reserve and OCC enforcement releases.
Deposit market share
1.1% of deposits in NE, rank 15 of 160 institutions
Period: June 30, 2026. Source: FDIC Summary of Deposits.
Mortgage lending (HMDA)
27 applications, 23 loans originated, $3.4M originated, across 1 states
Period: Calendar year 2018. Source: FFIEC HMDA loan application register.
SBA 7(a) lending
6 loans, $418K approved, $70K average. 0.00% of that year's loans have since been charged off
Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
Not on file
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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Midwest Bank: regulatory capital profile · BankRegReports

Frequently asked about Midwest Bank

What are Midwest Bank's total assets?

As of the Q2 2026 filing, Midwest Bank reported total assets of $1.24 billion in its FFIEC call report.

Where is Midwest Bank headquartered?

It is headquartered in Pierce, NE, United States.

When was Midwest Bank founded?

It was established in 1882, per the FDIC institution directory.

Is Midwest Bank FDIC-insured?

Yes. It is an FDIC-insured commercial bank (FDIC Certificate #13255). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.

Who regulates Midwest Bank?

Midwest Bank's primary federal regulator is the Federal Reserve.

How many branches does Midwest Bank operate?

It operates 11 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.

What is Midwest Bank's Texas Ratio?

Its Texas Ratio is 3.33% 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 Midwest Bank previously called?

The charter now named Midwest Bank has also operated as Midwest Bank National Association (1998-2021), per FDIC structure-change records.

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