Midwest Federal Savings and Loan Association of St Joseph in Saint Joseph, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Midwest Federal Savings and Loan Association of St Joseph in Saint Joseph, Missouri (MO)
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Midwest Federal Savings and Loan Association of St Joseph - Overview

  • General
  • FDIC Certificate #: 28731
    Status: Active
    Federal Reserve ID: 566775
    Date Established: January 01, 1923
    WWW: http://www.midwestfederal.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 2248
    FDIC's unique #: 41565
    Numeric code: 37
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: May 29, 1935
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1901 Frederick Avenue, Saint Joseph, MO 64501
    County: Buchanan
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Kansas City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): St. Joseph, MO (#7000)
    Core Based Statistical Area (CBSA): St. Joseph, MO-KS (#41140)
    CBSA Metro Statistical Area: St. Joseph, MO-KS (#41140)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $35.0 mil
    Equity capital: $6.3 mil
    Deposits held in domestic offices: $28.6 mil
    Return on assets (ROA): -0.91% (-$0.3 mil)
    Quarterly return on assets: -0.53% (-$0.2 mil)
    Return on Equity (ROE): -4.94% (-$0.3 mil)
    Quarterly return on equity: -2.96% (-$0.2 mil)
    Net income: -$0.3 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: -0.93% (-$325.1 mil)
    Quarterly Pretax return on assets: -0.54% (-$188.7 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 10Total employees (full-time equivalent)
  • $34,952Total assets
  • $9,669Cash and due from depository institutions
  • $9,571Interest-bearing balances
  • $6,529Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $17,467Net loans & leases
  • $126Loan loss allowance
  • $0Trading account assets
  • $1,016Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $34,952Life insurance assets
  • $271All other assets
  • $28,626Total liabilities and capital
  • $28,580Total liabilities
  • $28,259Total deposits
  • $28,580Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $46Subordinated debt
  • $6,326All other liabilities
  • $6,326Total equity capital
  • $6,326Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $1,482Surplus
  • $4,843Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $125Long-term assets (5+ years)
  • $33,567Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $34,778Volatile liabilities
  • $35,462Insider loans
  • $15,398FHLB advances
  • $34,792Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,200Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $420Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,197Total interest income
  • $462Total interest expense
  • $735Net interest income
  • $23Provision for loan and lease losses
  • $67Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $67Additional noninterest income
  • $1,102Total noninterest expense
  • $677Salaries and employee benefits
  • $217Premises and equipment expense
  • $208Additional noninterest expense
  • -$323Pre-tax net operating income
  • $0Securities gains (losses)
  • -$5Applicable income taxes
  • -$318Income before extraordinary items
  • $0Extraordinary gains - net
  • -$318Net income attributable to bank
  • $0Net charge-offs
  • -$318Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.59%Yield on earning assets
  • 1.38%Cost of funding earning assets
  • 2.20%Net interest margin
  • 0.20%Noninterest income to earning assets
  • 3.30%Noninterest expense to earning assets
  • -0.91%Net operating income to assets
  • -0.91%Return on assets (ROA)
  • -0.93%Pretax return on assets
  • -4.94%Return on equity (ROE)
  • -4.94%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 137,406Assets per employee
  • 3.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.72%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 61.12%Net loans and leases to core deposits
  • 61.12%Equity capital to assets
  • 18.10%Core capital (leverage) ratio
  • 17.82%Tier 1 risk-based capital ratio
  • 40.26%Total risk-based capital ratio
  • Memoranda
  • $41Average assets
  • $34,778Average earning assets
  • $6,435Average equity
  • $33,376Average loans

List of branches

  • 2 Missouri Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041565Midwest Federal Savings And Loan Ass1901 Frederick Avenue, Saint Joseph, MO 64501January 01, 1923Full Service Brick and Mortar
    1522168Midwest Federal Savings & Loan Branc2211 N Belt Hwy, Saint Joseph, MO 64506July 01, 2010Full Service Brick and Mortar

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