MidFirst Bank

Headquarters

501 Nw Grand Boulevard
Oklahoma City, OK 73118
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.85% →
1-Year CD 0.15% 0.67% →
2-Year CD 0.25% 0.80% →
5-Year CD 0.50% 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

MidFirst Bank is an FDIC insured institution located in Oklahoma City, OK. It was founded in 1911 and has approximately $31.05 billion in assets. Customers can open an account at one of its 86 branches.

FDIC Insured Yes
FDIC Certificate # 4063
Date Established 1911
Assets $ 31.05 billion
Loans $ 25.23 billion
Deposits $ 20.57 billion
Capital $ 2.60 billion
 

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

Deposit Rates - December 6, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.90% $10,000 $14,999 Learn More
Money Market
0.90% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.15% $1,000 - Learn More
18 Mo CD
0.20% $1,000 - Learn More
24 Mo CD
0.25% $1,000 - Learn More
30 Mo CD
0.30% $5,000 - Learn More
36 Mo CD
0.35% $1,000 - Learn More
48 Mo CD
0.40% $1,000 - Learn More
60 Mo CD
0.50% $1,000 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.03% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Online Only Savings Rates of Vio Bank, A Division of MidFirst Bank

Online Savings Rates APY MIN MAX
Online Savings Account
0.51% $0 - Learn More

Online Only CD Rates of Vio Bank, A Division of MidFirst Bank

Online CD Rates APY MIN MAX
12 Month CD
0.15% $500 - Learn More
18 Month CD
0.15% $500 - Learn More
24 Month CD
0.15% $500 - Learn More
36 Month CD
0.30% $500 - Learn More
48 Month CD
0.40% $500 - Learn More
60 Month CD
0.50% $500 - Learn More
Checking Rates APY MIN FEE
eChecking 0.03% $0 $12.00 Learn MoreShow Less
M+ Account 0.05% $1,500 $10.00 Learn MoreShow Less
M Account 0.00% $1,000 $6.00 Learn MoreShow Less

Bank Online Offers

 

Loan Rates - December 6, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MidFirst Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
PADDIO
NMLS ID: 1907
3.126% 2.990%
0.75 points
$4,375 fees
$1,053 Learn More
New American Funding
NMLS ID: 6606
2.994% 2.875%
0.88 points
$3,849 fees
$1,038 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Flagstar Bank-Heloc
Flagstar Bank-Heloc
See Table
4.990 %
$0 Learn More
More Info

Note to MidFirst Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

MidFirst 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:
Ashburn,Virginia


MidFirst Bank Locations



Climate Initiatives

MidFirst Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

MidFirst Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of MidFirst 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
MidFirst Bank U.S. Bank Average
291.39% 4.78%

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 June 30, 2021, MidFirst Bank had $8,128,776,000 in non-current loans and $14,969,000 in owned real estate. To cover these potential losses it had $2,595,450,000 in equity and $199,361,000 in loans loss reserves. That gives it a Texas Ratio of 291.39%.

Return on Equity
MidFirst Bank U.S. Bank Average
36.85% 11.29%

MidFirst Bank has a Return on Equity of 36.85% versus the BestCashCow average of 11.29%. 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
MidFirst Bank U.S. Bank Average
8.36% 11.72%

MidFirst Bank has a Capitalization of 8.36% versus the BestCashCow average of 11.72. 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.

MidFirst Bank Balance Sheet Analysis

As of June 30, 2021, MidFirst Bank had assets of $31,048,180,000, loans of $25,225,465,000, and deposits of $20,572,266,000. 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

June 30, 2021
ASSETS
Cash & Balances due from depository institutions $ 590.41 million
Interest-bearing balances $ 453.81 million
Total securities $ 3.33 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 25.23 billion
Loan loss allowance $ 199.36 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 14.97 million
Goodwill and other intangibles $ 233.33 million
All other assets $ 1,413.66 million
     Total Assets $ 28.45 billion
LIABILITIES
Total deposits $ 20.57 billion
      Interest-bearing deposits $ 15.33 billion
      Deposits held in domestic offices $ 20.57 billion
      % insured (estimated) 74.64%
Federal funds purchased and repurchase agreements $ 250.00 million
Trading liabilities N.A.
Other borrowed funds $ 7.47 billion
Subordinated debt N.A.
All other liabilities $ 159.81 million
      Total Liabilities $ 28.45 billion
      Shareholders’ Equity $ 2.60 billion

Summary Income Statement

June 30, 2021
INCOME AND EXPENSES
Total Interest Income $ 604.03 million
Total Interest Expense $ 85.89 million
Net interest income $ 518.14 million
Provision for loan and lease losses N.A.
Total non interest income $ 167.84 million
Total non interest expense $ 247.76 million
Pre-tax Net Operating Income $ 447.28 million

Bank Loan Profile?

The top three loan types in MidFirst Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Oklahoma, MidFirst Bank has a significantly higher percent of 1-4 Family Residential 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 64.49
Multifamily
Mortgages
2.03
Credit Card Loans 0.09
Consumer Auto Loans 0.11
Small Business Loans 2.59
Construction and Development Loans 3.56
Commercial Real Estate 20.24
Commercial and Industrial Loans 9.55
Farm Loans 0.00

Customer Reviews for MidFirst Bank


  • July 9, 2021 |

    "Vio" application process is defective, I used to work on bank security so truthfully responded. Requires documentation which I sent in at length and then got denied because of unknown reasons. Have excellent credit>>800.

  • April 13, 2021 |

    Great bank. No problems easy to set up. Been a customer for 3 years. Midfirst/ Vio great people.

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