Midwest Heritage Bank, Financial Information

About Midwest Heritage Bank

 Address:
3580 Ep True Parkway, Suite 100
West Des Moines, IA
Polk County, Iowa
 Established:
Apr 1930
 Number of domestic offices:
8
Total assets$330M
Net income$7M
Net income, quarterly$2M
Total deposits$273M
Domestic deposits$273M
Equity capital$44M
ROA2.4%
ROAQ, quarterly2.84%
ROA, pretax2.84%
ROAQ, quarterly, pretax3.71%
ROE18.18%
ROEQ, quarterly21.06%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.