MidWestOne Financial Group, Inc. (MOFG)

21.35 -0.10 (-0.47%) At close: 04:00PM EDT

MidWestOne Financial Group, Inc.

102 South Clinton Street
Iowa City, IA 52240
United States
319 356 5800
https://www.midwestonefinancial.com/corporate-profile/default.aspx

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 732

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Charles N. Reeves	CEO & Director	1.14M	N/A	1968
Mr. Len D. Devaisher	President & COO	559.23k	N/A	1978
Mr. Barry S. Ray	Senior Executive VP, CFO & Treasurer	447.55k	N/A	1972
Mr. David E. Lindstrom	VP & Head of Consumer Banking	328.28k	N/A	1967
Mr. Gary L. Sims	Senior VP & Chief Credit Officer	345.06k	N/A	1963
Mr. John J. Ruppel	Chief Accounting Officer	N/A	N/A	1986
Mr. Timothy M. Heth	VP & Chief Human Resources Officer	N/A	N/A	1970
Ms. Susan M. Moore	Senior VP & Chief Risk Officer	N/A	N/A	1979
Mr. Chase L. Stafford	VP & Head of Commercial Banking	N/A	N/A	1984
Mr. Steven J. Heimermann	VP & Head of Wealth Management	N/A	N/A	1972

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers range of deposit products, including noninterest bearing and interest bearing demand deposits, savings, money market, and time deposits accounts. The company also provides commercial, real estate, agricultural, credit card, and consumer loans; and financing arrangements, such as brokered deposits, term debt, subordinated debt, and equity. In addition, it offers trust and investment services comprising administering estates, trusts, and conservatorships; property and farm management, investment advisory, retail securities brokerage, financial planning, and custodial services; and licensed brokers services. Further, the company provides online and mobile banking, debit cards, automated teller machines, and safe deposit boxes. MidWestOne Financial Group, Inc. was founded in 1934 and is headquartered in Iowa City, Iowa.

Corporate governance

MidWestOne Financial Group, Inc.’s ISS governance QualityScore as of 1 May 2024 is 2. The pillar scores are Audit: 3; Board: 4; Shareholder rights: 2; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.