Midwest Heritage Bank, FSB
West Des Moines, IA · Cert 4432 · Peer group: banks under $1B in assets in the Des Moines-West Des Moines, IA area (n=18-19) · Hy-Vee Inc.
State savings bank · OCC · 13 branches
Q2 2026
$768.3MAssets
$529.9MLoans
$649.6MDeposits
$92.9MEquity
Executive Summary
- Strongest standing: equity / assets outperforms 84% of banks under $1B in assets in the Des Moines-West Des Moines, IA area (rank 3 of 19).
- Widest gap: nonperforming loans / loans trails 94% of banks under $1B in assets in the Des Moines-West Des Moines, IA area (rank 18 of 18).
- Overall: at or above the peer median on 4 of 9 directional measures.
Return on Assets
1.33%
Rank 7 of 19
Net Interest Margin
3.50%
Rank 10 of 19
Efficiency Ratio
67.95%
Rank 18 of 19
Equity / Assets
12.10%
Rank 3 of 19
Non-interest income vs. expense
Unfavorable gap of $8.6M · efficiency ratio beats 11% of banks under $1B in assets in the Des Moines-West Des Moines, IA area | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.33% | 1.05% | 1.15% | 1.42% | Beats 63% | 7 / 19 | |
| Return on Equity | 10.97% | 10.97% | 12.15% | 13.79% | Beats 21% | 15 / 19 | |
| Net Interest Margin | 3.50% | 3.08% | 3.50% | 3.67% | Beats 47% | 10 / 19 | |
| Efficiency Ratio | 67.95% | 52.38% | 57.82% | 63.73% | Beats 11% | 18 / 19 | |
| Asset Quality |
| Nonperforming Loans / Loans | 1.78% | n/a | 0.21% | 0.91% | Beats 6% | 18 / 18 | |
| Net Charge-Offs / Loans | 0.01% | 0.00% | 0.01% | 0.01% | Beats 39% | 12 / 18 | |
| Capital |
| Tier 1 Capital Ratio | 14.55% | 10.79% | 12.38% | 16.13% | Beats 63% | 7 / 19 | |
| Total Risk-Based Capital Ratio | 15.81% | 11.60% | 13.40% | 17.04% | Beats 63% | 7 / 19 | |
| Equity / Assets | 12.10% | 8.64% | 9.66% | 11.07% | Beats 84% | 3 / 19 | |
| Liquidity & Funding |
| Loans / Deposits | 81.57% | 65.91% | 76.09% | 88.00% | 58th pctl | 8 / 19 | |
| Loans / Assets | 68.97% | 57.37% | 63.36% | 76.16% | 58th pctl | 8 / 19 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |