Midwest BankCentre

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Midwest BankCentre Locations

Deposit Rates - December 1, 2021

SAVINGS RATES APY MIN MAX
Savings
0.05% $2,500 $4,999 Compare
CD RATES APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Compare
6 Mo CD
0.25% $100,000 $199,999 Compare
12 Mo CD
0.50% $10,000 $14,999 Compare
12 Mo CD
0.50% $100,000 $199,999 Compare
24 Mo CD
0.50% $10,000 $14,999 Compare
24 Mo CD
0.50% $100,000 $199,999 Compare
36 Mo CD
0.55% $10,000 $14,999 Compare
36 Mo CD
0.55% $100,000 $199,999 Compare
48 Mo CD
0.55% $10,000 $14,999 Compare
48 Mo CD
0.55% $100,000 $199,999 Compare
60 Mo CD
0.75% $10,000 $14,999 Compare
60 Mo CD
0.75% $100,000 $199,999 Compare
MM RATES APY MIN MAX
Money Market
0.10% $2,500 $2,999 Compare
Money Market
0.10% $10,000 $14,999 Compare
Money Market
0.15% $25,000 $29,999 Compare
INT CHECKING RATES APY MIN MAX
Int Ckg
0.10% $1 $99
Int Ckg
0.10% $2,500 $3,499

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 1058
Date Established 1906
Assets $ 2.33 billion
Loans $ 1,805.21 million
Deposits $ 1,803.43 million
Capital $ 258.86 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 87.26 million
Interest-bearing balances $ 66.90 million
Total securities $ 281.65 million
Federal funds sold and reverse repurchase $ 0.01 million
Net loans and leases $ 1,805.21 million
Loan loss allowance $ 20.66 million
Trading account assets $ 2.11 million
Bank premises and fixed assets N.A.
Other real estate owned $ 0.92 million
Goodwill and other intangibles $ 18.36 million
All other assets $ 112.70 million
     Total Assets $ 2.07 billion

LIABILITIES
Total deposits $ 1,803.43 million
      Interest-bearing deposits $ 1,686.30 million
      Deposits held in domestic offices $ 1,803.43 million
      % insured (estimated) 90.22%
Federal funds purchased and repurchase agreements $ 84.74 million
Trading liabilities $ 2.11 million
Other borrowed funds $ 160.00 million
Subordinated debt N.A.
All other liabilities $ 15.88 millionn
      Total Liabilities $ 2.07 billion
      Shareholders’ Equity $ 258.86 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 38.22 million
Total Interest Expense $ 3.96 million
Net interest income $ 34.27 million
Provision for loan and lease losses $ 1.19 million
Total non interest income $ 8.33 million
Total non interest expense $ 28.12 million
Pre-tax Net Operating Income $ 13.29 million

Midwest BankCentre is an FDIC insured institution headquartered at 2191 Lemay Ferry Road, Lemay, MO 63125.
It was founded in 1906 and has approximately $2 billion in assets. Customers can open an account at one of its 25 branches.

Customer Reviews for Midwest BankCentre (1)

Rated 4.00 stars out of 5 - based on 1 reviews
  • This account is great. Had first opened an online savings account and then I locked into the 18-month No Penalty CD. While interest is still lost if you get out before a quarterly payment date, it provides all the flexibility I need and gives a slightly higher rate. Phone support was excellent and works around some quirks in an imperfect website.


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