Midwest National Bank
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Data as of · sourced from FFIEC call reports. How we update
Midwest National Bank is an FDIC-insured commercial bank headquartered in Sandoval, IL, established in 1910 (FDIC certificate 3834), and it is supervised by the OCC. At Q2 2026 it reported total assets of $122.6M, up 5.3% from Q2 2025, the 247th largest of 319 banks headquartered in Illinois. Its CET1 capital ratio was 11.38% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 3834
- Headquarters
- Sandoval, IL
- Established
- 1910
- Total assets, Q2 2026
- $122.6M
- Assets vs Q2 2025
- +5.3%
- CET1 ratio, Q2 2026
- 11.38%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 081207068
- Latest call report
- Q2 2026, FFIEC 051 · Midwest National Bank call report
- Holding company
- FIRST SANDOVAL BANCORP, INC.
- Asset rank in state
- 247th of 319 in Illinois
Midwest National Bank spends more to run itself than most banks of its size. The Sandoval, Illinois bank had $123 million in assets at June 30, 2026, up 5.3% from a year earlier. It loses about $0.03 a year on every $100 of assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median $1.28). It also spends about 99 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 61 cents).
It lost $8,000 in the quarter. Over the same year, loans grew 3.0% and deposits grew 7.7%. Funding is the softer spot: it pays an average of 2.97% on its deposits and borrowings, higher than about 9 in 10 banks its size (median 1.80%).
As of June 30, 2026, Midwest National Bank reported a CET1 capital ratio of 11.38%, a return on assets of -0.03%, a nonperforming-loan ratio of 1.91% and a Texas ratio of 18.88%. The figures come from its call report filed with the FFIEC.
Midwest National Bank ranks as the 247th largest of the 319 banks based in Illinois, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 1.6% to $122.6M, loans rose 3.2% and deposits were flat. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 52.3% of total loans, ahead of owner-occupied commercial real estate loans at 16.5%. The FDIC Summary of Deposits lists 2 offices for it, in Sandoval, IL and Aviston, IL; its Sandoval office books 88% of its branch deposits. Judged on its Q2 2026 call report, Midwest National Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 302 N Main St, Sandoval, IL 62882
- County
- Marion
- Metro Area
- Centralia, IL
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 8, St. Louis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- June 1, 1910
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 24
- Domestic deposits
- $108.5M
- Allowance for credit losses
- $1.1M
- Net charge-offs (YTD)
- $19K
- Average total assets
- $120.7M
- Average total loans
- $95.4M
- Average interest-bearing deposits
- $83.4M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 3834
- Fed RSSD
- 122546
- Website
- www.midwestnationalbank.com →
- Parent Holding Company
- FIRST SANDOVAL BANCORP, INC. (RSSD 1139523)
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Midwest National Bank's total assets ran between $90.0M (Q3 2023) and $122.6M (Q2 2026), and it earned a profit in 9 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$122.6M total assets against $116.5M; $113.9M total liabilities against $108.8M.
$95.6M net loans and leases against $92.9M; $108.5M total deposits against $100.8M.
$10.9M securities against $12.0M; $7.9M cash and balances due against $3.3M.
$1.8M total interest income against $1.7M; $786K total interest expense against $719K.
$1.0M net interest income against $1.0M.
-$112K total noninterest income against $469K; $927K total noninterest expense against $1.0M.
$2K provision for credit losses against $398K.
-$8K net income against $43K.
-0.03% return on assets against 0.15%; 3.63% net interest margin against 3.73%.
11.38% CET1 capital ratio against 10.80%; 8.06% tier 1 leverage ratio against 7.89%.
Inside the full Midwest National Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeMidwest National Bank rankings
Its closest position to the top of a national ranking is 199 of 3,640, for Texas Ratio; its furthest is 3,548 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -0.58% (Q4 2024) to 0.75% (Q3 2025) and its net interest margin ran from 3.46% (Q1 2025) to 3.82% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.38% | -0.03% | 1.91% | 18.88% | 3.63% |
| Q1 2026 | 11.49% | 0.09% | 0.73% | 6.93% | 3.68% |
| Q4 2025 | 11.01% | -0.01% | 0.91% | 9.05% | 3.73% |
| Q3 2025 | 10.94% | 0.75% | 0.84% | 8.60% | 3.82% |
| Q2 2025 | 10.80% | 0.15% | 1.68% | 18.13% | 3.73% |
| Q1 2025 | 11.24% | 0.18% | 1.17% | 13.17% | 3.46% |
| Q4 2024 | 11.78% | -0.58% | 1.26% | 13.55% | 3.57% |
| Q3 2024 | 12.70% | 0.31% | 1.51% | 13.99% | 3.75% |
Swipe the table sideways to see every column.
Branch Network
View all 2 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 |
|---|---|---|---|
| Midwest National Bank (main office) | Sandoval , IL | 62882 | $95.0M |
| Midwest National Bank Branch | Aviston , IL | 62216 | $13.5M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IL, rank 289 of 379 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 Midwest National Bank
What are Midwest National Bank's total assets?
As of the Q2 2026 filing, Midwest National Bank reported total assets of $122.6 million in its FFIEC call report.
Where is Midwest National Bank headquartered?
It is headquartered in Sandoval, IL, United States.
When was Midwest National Bank founded?
It was established in 1910, per the FDIC institution directory.
Is Midwest National Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #3834). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Midwest National Bank?
Midwest National Bank's primary federal regulator is the OCC.
What is Midwest National Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 11.38% in its Q2 2026 call report, above regulatory requirements.
How many branches does Midwest National Bank operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Midwest National Bank's Texas Ratio?
Its Texas Ratio is 18.88% 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.
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