Mid-Missouri Bank

Headquarters

3546 East Sunshine
Springfield, MO 65809
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.03% 0.91% →
1-Year CD 0.30% 1.01% →
2-Year CD 0.45% 0.95% →
5-Year CD 0.75% 1.30% →
30-Year Mortgage 3.72% 2.80% →
15-Year Mortgage 3.16% 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Mid-Missouri Bank is an FDIC insured institution located in Springfield, MO. It was founded in 1872 and has approximately $0.68 billion in assets. Customers can open an account at one of its 15 branches.

FDIC Insured Yes
FDIC Certificate # 15584
Date Established 1872
Assets $ 676.17 million
Loans $ 520.24 million
Deposits $ 603.40 million
Capital $ 61.66 million
 

For a more detailed analysis of Mid-Missouri Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 30, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.03% $2,500 $4,999 Learn More
Money Market
0.03% $2,500 $2,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $10,000 $14,999 Learn More
3 Mo CD
0.05% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.35% $10,000 $14,999 Learn More
18 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.45% $10,000 $14,999 Learn More
24 Mo CD
0.45% $100,000 $199,999 Learn More
36 Mo CD
0.50% $10,000 $14,999 Learn More
36 Mo CD
0.50% $100,000 $199,999 Learn More
48 Mo CD
0.60% $10,000 $14,999 Learn More
48 Mo CD
0.60% $100,000 $199,999 Learn More
60 Mo CD
0.75% $10,000 $14,999 Learn More
60 Mo CD
0.75% $100,000 $199,999 Learn More


Loan Rates - October 30, 2020

Your Current Location: Connecticut, CT 06828

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Mid-Missouri Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Mid-Missouri Bank Locations


Financial Details

Mid-Missouri Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Mid-Missouri Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Mid-Missouri Bank U.S. Bank Average
8.61% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Mid-Missouri Bank had $5,778,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $61,659,000 in equity and $5,420,000 in loans loss reserves. That gives it a Texas Ratio of 8.61%.

Return on Equity
Mid-Missouri Bank U.S. Bank Average
10.51% 7.80%

Mid-Missouri Bank has a Return on Equity of 10.51% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Mid-Missouri Bank U.S. Bank Average
9.12% 12.68%

Mid-Missouri Bank has a Capitalization of 9.12% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Mid-Missouri Bank Balance Sheet Analysis

As of March 31, 2020, Mid-Missouri Bank had assets of $676,174,000, loans of $520,244,000, and deposits of $603,404,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 94.03 million
Interest-bearing balances $ 82.81 million
Total securities $ 25.54 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 520.24 million
Loan loss allowance $ 5.42 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.06 million
All other assets $ 5.66 million
     Total Assets $ 614.52 million
LIABILITIES
Total deposits $ 603.40 million
      Interest-bearing deposits $ 586.11 million
      Deposits held in domestic offices $ 603.40 million
      % insured (estimated) 82.46%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 10.00 million
Subordinated debt N.A.
All other liabilities $ 1.11 million
      Total Liabilities $ 614.52 million
      Shareholders’ Equity $ 61.66 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 7.04 million
Total Interest Expense $ 1.17 million
Net interest income $ 5.87 million
Provision for loan and lease losses $ 0.06 million
Total non interest income $ 1.97 million
Total non interest expense $ 5.66 million
Pre-tax Net Operating Income $ 2.12 million

Bank Loan Profile?

The top three loan types in Mid-Missouri Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Missouri, Mid-Missouri Bank has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 26.30
Multifamily
Mortgages
5.49
Credit Card Loans 0.00
Consumer Auto Loans 0.94
Small Business Loans 12.47
Construction and Development Loans 8.08
Commercial Real Estate 29.87
Commercial and Industrial Loans 7.15
Farm Loans 5.23

Frequently Asked Questions About Mid-missouri Bank

Branches and Savings

Is Mid-missouri Bank FDIC insured?

Yes. It is covered under FDIC Certificate #15584.

Why does Mid-missouri Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Mid-missouri Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Mid-missouri Bank a commercial bank?

Yes

Where are Mid-missouri Bank locations?

See branch locations nearby.

Is Mid-missouri Bank open on Saturdays?

Is Mid-missouri Bank open on Sundays?

What time does Mid-missouri Bank open?

What time does Mid-missouri Bank close?

Are Mid-missouri Bank ATMs Open 24/7?

Do Mid-missouri Bank ATMs accept cash deposits?

Can Mid-missouri Bank customers use other ATMs?

Do Mid-missouri Bank branches have notaries?

Will Mid-missouri Bank notarize my document?

What address for Mid-missouri Bank should I put for incoming ACH transfers?

Will the Mid-missouri Bank branch print checks?

Do Mid-missouri Bank checks expire?

Does Mid-missouri Bank require US citizenship to open account?

Can Mid-missouri Bank close my account?

Does Mid-missouri Bank Report to credit bureaus?

Does Mid-missouri Bank Use Equifax?

What is Mid-missouri Bank's ACH Routing Number?

What is Mid-missouri Bank's SWIFT code?

Products

Does Mid-missouri Bank offer mortgages?

Compare mortgage rates here.

Does Mid-missouri Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Mid-missouri Bank offer personal loans?

Compare personal loan rates here.

Does Mid-missouri Bank offer student loans?

Will Mid-missouri Bank cash a check?

Will Mid-missouri Bank redeem a savings bond?

Does Mid-missouri Bank cash savings bonds?

Will Mid-missouri Bank cash money orders?

Can Mid-missouri Bank issue a money order?

Does Mid-missouri Bank do currency exchange?

Background on The Bank

Who owns Mid-missouri Bank?

How long has Mid-missouri Bank been around?

Can Mid-missouri Bank transfer to other banks?

Does Mid-missouri Bank have quick pay?

Does Mid-missouri Bank accept rolled coins?

Will Mid-missouri Bank accept loose change?

Where is Mid-missouri Bank headquarters?

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