MidWestOne Financial Group Balance Sheet Health
Financial Health criteria checks 6/6
MidWestOne Financial Group has total assets of $6.7B and total equity of $528.0M. Total deposits are $5.6B, and total loans are $4.4B. It earns a Net Interest Margin of 2.5%. It has sufficient allowance for bad loans, which are currently at 0.7% of total loans. Cash and short-term investments are $97.8M.
Key information
12.8x
Asset to equity ratio
2.5%
Net interest margin
| Total deposits | US$5.59b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.7% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$97.76m |
Recent financial health updates
No updates
Recent updates
MidWestOne Financial Group (NASDAQ:MOFG) Has Announced A Dividend Of $0.2425
Apr 30
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425
Jan 30MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425
Nov 21MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425
Oct 31MidWestOne Financial Group's (NASDAQ:MOFG) Dividend Will Be $0.2425
Aug 28MidWestOne Financial Group (NASDAQ:MOFG) Is Increasing Its Dividend To $0.2425
Aug 04MidWestOne Financial Group's (NASDAQ:MOFG) Shareholders Will Receive A Bigger Dividend Than Last Year
May 02MidWestOne Financial Group (NASDAQ:MOFG) Is Paying Out A Larger Dividend Than Last Year
Feb 01Industry Analysts Just Made A Captivating Upgrade To Their MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Revenue Forecasts
Nov 03MidWestOne names Charles N. Reeves as new CEO
Oct 19MidWestOne Financial declares $0.2375 dividend
Jul 25MidWestOne Financial Group (NASDAQ:MOFG) Has Announced That It Will Be Increasing Its Dividend To US$0.24
May 26MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Larger Dividend Than Last Year At US$0.24
May 06MidWestOne Financial Group (NASDAQ:MOFG) Has Re-Affirmed Its Dividend Of US$0.23
Oct 28MidWestOne Financial Group (NASDAQ:MOFG) Has Affirmed Its Dividend Of US$0.23
Jul 26MidWestOne Financial goes ex-dividend tomorrow
May 27Shareholders May Be A Little Conservative With MidWestOne Financial Group, Inc.'s (NASDAQ:MOFG) CEO Compensation For Now
Apr 24Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MOFG's Assets to Equity ratio (12.8x) is moderate.
Allowance for Bad Loans: MOFG has a sufficient allowance for bad loans (191%).
Low Risk Liabilities: 90% of MOFG's liabilities are made up of primarily low risk sources of funding.
Loan Level: MOFG has an appropriate level of Loans to Assets ratio (65%).
Low Risk Deposits: MOFG's Loans to Deposits ratio (78%) is appropriate.
Level of Bad Loans: MOFG has an appropriate level of bad loans (0.7%).