This institution is no longer active
Operations ceased on October 1, 2013. CRA examination history below reflects the period it was active.
HERON LAKE, MN · Supervised by FDIC
Contact & Details
FDIC BankFindFederal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.
Overall Rating
Meets federal requirements for community lending
Exam Date
Exam Type
Regulator
Total Assets
$35M
Total Deposits
$30M
Net Loans
$23M
Net Income
$79K
ROA
0.31%
Below avg for Small banks. Peer avg: 0.44%
ROE
2.90%
Risk-Based Capital
12.26%
Below avg for Small banks. Regulatory min: 8%
Total Assets — Last 8 Quarters
Compared to the peer-bank Small peer group (same asset tier).
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| Exam Date | Rating | Exam Type |
|---|---|---|
| Mar 2009 | Satisfactory | Small Bank |
| Feb 2004 | Satisfactory | Small Bank |
| Nov 1998 | Satisfactory | Small Bank |
4 previous ratings locked — back to 1990
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Total Assets