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Regulatory Capital Requirements and Restrictions on Subsidiary Cash (Tables)
12 Months Ended
Dec. 31, 2023
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations
A comparison of the Company’s and the Bank’s capital with the corresponding minimum regulatory requirements in effect as of December 31, 2023 and December 31, 2022, is presented below:
ActualFor Capital Adequacy Purposes With Capital Conservation Buffer(1)To Be Well Capitalized Under Prompt Corrective Action Provisions
(dollars in thousands)AmountRatioAmount
Ratio(1)
AmountRatio
At December 31, 2023:
Consolidated:
Total capital/risk weighted assets$668,748 12.53 %$560,596 10.50 %N/A N/A
Tier 1 capital/risk weighted assets554,177 10.38 453,816 8.50 N/AN/A
Common equity tier 1 capital/risk weighted assets511,884 9.59 373,731 7.00 N/AN/A
Tier 1 leverage capital/average assets554,177 8.58 258,487 4.00 N/AN/A
MidWestOne Bank:
Total capital/risk weighted assets$656,027 12.49 %$551,658 10.50 %$525,388 10.00 %
Tier 1 capital/risk weighted assets606,456 11.54 446,580 8.50 420,310 8.00 
Common equity tier 1 capital/risk weighted assets606,456 11.54 367,772 7.00 341,502 6.50 
Tier 1 leverage capital/average assets606,456 9.39 258,339 4.00 322,924 5.00 
At December 31, 2022:
Consolidated:
Total capital/risk weighted assets$653,380 12.07 %$568,452 10.50 %N/AN/A
Tier 1 capital/risk weighted assets544,300 10.05 460,175 8.50 N/AN/A
Common equity tier 1 capital/risk weighted assets502,184 9.28 378,968 7.00 N/AN/A
Tier 1 leverage capital/average assets544,300 8.35 260,891 4.00 N/AN/A
MidWestOne Bank:
Total capital/risk weighted assets$654,297 12.10 %$567,684 10.50 %$540,652 10.00 %
Tier 1 capital/risk weighted assets610,217 11.29 459,554 8.50 432,522 8.00 
Common equity tier 1 capital/risk weighted assets610,217 11.29 378,456 7.00 351,424 6.50 
Tier 1 leverage capital/average assets610,217 9.36 260,776 4.00 325,970 5.00 
(1) Includes the capital conservation buffer of 2.50%.