TellerScore

First Bank Midwest (FDIC certificate #28533) is based in Frankfort, Indiana. Its Q2 2026 call report shows $1.5B in total assets and $1.2B in deposits and 26 offices across 2 states.

First Bank Midwest has a TellerScore of 52 out of 100 (below average) based on Q2 2026 data — higher than only 9% of its 897 banks with $1 billion – $10 billion. Among 88 banks headquartered in Indiana, it ranks 82nd. Problem-loan coverage contributes the most (72/100, 14.2%); loan quality contributes the least (41/100, 1.78%).

TellerScore · Q2 2026

Scorecard

Capital cushion59/100
Tier 1 leverage ratio: 10.90%
Loan quality41/100
Noncurrent loans ÷ total loans: 1.78%
Earnings49/100
Return on assets (annualized): 0.72%
Funding & liquidity46/100
Loans ÷ deposits and uninsured-deposit share: 104.8% · 23.6% uninsured
Problem-loan coverage72/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 14.24%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score fell 10 points (62 → 52), mostly because the loan quality component weakened by 36 points.

TellerScore
525863Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTellerScore
Q2 202462
Q3 202463
Q4 202463
Q1 202562
Q2 202562
Q3 202561
Q4 202556
Q1 202656
Q2 202652
Tier 1 leverage ratio
5.00%8.05%11.10%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTier 1 leverage ratio
Q2 202410.65%
Q3 202410.73%
Q4 202410.75%
Q1 202510.68%
Q2 202510.75%
Q3 202510.85%
Q4 202510.95%
Q1 202611.10%
Q2 202610.90%
Noncurrent loans
0.58%1.18%1.78%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterNoncurrent loans
Q2 20240.66%
Q3 20240.58%
Q4 20240.58%
Q1 20250.59%
Q2 20250.68%
Q3 20250.90%
Q4 20251.46%
Q1 20261.48%
Q2 20261.78%
Return on assets
0.58%0.71%0.83%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterReturn on assets
Q2 20240.66%
Q3 20240.67%
Q4 20240.70%
Q1 20250.58%
Q2 20250.67%
Q3 20250.77%
Q4 20250.83%
Q1 20260.77%
Q2 20260.72%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202652$1.5B10.90%1.78%0.72%104.8%
Q1 202656$1.5B11.10%1.48%0.77%105.6%
Q4 202556$1.5B10.95%1.46%0.83%105.0%
Q3 202561$1.5B10.85%0.90%0.77%105.1%
Q2 202562$1.5B10.75%0.68%0.67%106.3%
Q1 202562$1.5B10.68%0.59%0.58%106.0%
Q4 202463$1.5B10.75%0.58%0.70%105.4%
Q3 202463$1.5B10.73%0.58%0.67%103.9%
Q2 202462$1.5B10.65%0.66%0.66%102.9%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio10.90%
58th
Total risk-based capital14.24%
57th
Problem loans1.78%
11th
Net charge-offs0.15%
23rd
Return on assets0.72%
15th
Net interest margin3.19%
22nd
Efficiency ratio69.1%
23rd
Loans to deposits104.8%
7th
Uninsured deposits23.6%
74th
Loan-loss reserves1.39%
79th
Texas ratio14.2%
8th

Similar-size banks in Indiana

InstitutionScoreAssetsCapitalProblem loansCompare
Farmers State BankBank Lagrange, IN78 out of 100, Strong$1.3B10.8%0.02%vs
First Harrison BankBank Corydon, IN75 out of 100, Strong$1.3B11.3%0.72%vs
Jackson County BankBank Seymour, IN53 out of 100, Below average$1.1B8.5%0.55%vs
First Bank of BerneBank Berne, IN73 out of 100, Strong$1.1B9.9%0.47%vs
Peoples BankBank Munster, IN53 out of 100, Below average$2.0B9.3%1.10%vs
The National Bank of IndianapolisBank Indianapolis, IN66 out of 100, Moderate$3.0B9.3%0.15%vs

Deposit insurance

Is my money safe at First Bank Midwest?

Yes. First Bank Midwest is an FDIC-insured institution (FDIC certificate #28533). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 23.6% of deposits ($271.6M) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 10.90%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.24% (benchmark: 10%).

Check how much of your own balance is covered

26 locations

Branches

First Bank Midwest lists 24 offices in 19 cities across 2 states. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, First Bank Midwest reported 294 home-loan applications under HMDA (LEI 549300Y0F8X17ADZK505): 203 originated ($42,375,000 total), 36 denied, and 31 withdrawn or closed by the applicant. Its denial rate on decided applications was 13.7%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
First Bank Midwest
Former names
First Bank Richmond; First Bank Richmond, S.B.; First Bank Richmond, National Association; First Federal Savings and Loan Association of Richmond
Type
State-chartered bank
FDIC certificate #
28533
RSSD ID
419675
Primary regulator
FDIC
Holding company
Richmond Mutual Bcorp Inc
Established
January 1, 1887
Headquarters
9 E Clinton St, Frankfort, IN 46041
Employees
174

Quick answers

First Bank Midwest: common questions

Is First Bank Midwest FDIC insured?

Yes. First Bank Midwest is an FDIC-insured institution (FDIC certificate #28533). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First Bank Midwest's TellerScore?

52 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has First Bank Midwest ever failed?

There is no failure record for FDIC certificate #28533 in the FDIC failed bank list.

How many branches does First Bank Midwest have?

26 offices as of the latest FDIC data, in 2 states.

Nearby

Highest-scoring banks and credit unions with branches near Frankfort

InstitutionScoreAssetsCapitalProblem loansCompare
Staley Credit UnionCredit union Decatur, IL80 out of 100, Strong$228.5M11.8%0.13%vs
Forum Credit UnionCredit union Indianapolis, IN80 out of 100, Strong$2.3B13.3%0.31%vs
Solidarity Community Federal Credit UnionCredit union Kokomo, IN76 out of 100, Strong$351.1M12.4%0.47%vs
Purdue Federal Credit UnionCredit union West Lafayette, IN75 out of 100, Strong$2.1B11.2%0.17%vs
Tippecanoe Federal Credit UnionCredit union Lafayette, IN75 out of 100, Strong$15.4M12.9%0.64%vs
1st Source BankBank South Bend, IN75 out of 100, Strong$9.3B13.7%0.99%vs