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This institution is no longer active

Operations ceased on October 1, 2014. CRA examination history below reflects the period it was active.

FIRST AMERICAN BANK OF ALEXANDRIA

ALEXANDRIA, MN · Supervised by FDIC

Est. 1919FDIC #12,915RSSD: FDIC-12915
Part ofOTTO BREMER FOUNDATION→ View all charters
Outstanding Same

Current rating · Exam: March 1996

At a Glance

Community Lending (CRA)

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Financial Health

Adequate

ROA 1.08%

Institution Profile

FDIC BankFind

Address

720 Broadway, ALEXANDRIA, MN

County

Douglas County

Established

June 1, 1919

Total Assets

$624M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Exam Date

March 1, 1996

Exam Type

Not Reported

Regulator

FDIC
⚠️This exam is 30 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.
Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q3 2014Call Report / FDIC

Total Assets

$624M

Total Deposits

$500M

Net Loans

$436M

Net Income

$5M

ROA

1.08%

ROE

13.23%

Risk-Based Capital

12.43%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Rating History

CRA / FFIEC

Rating Trend

Improving

Based on last 3 exams

2 previous ratings locked — dating back to 1992

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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