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This institution is no longer active

Operations ceased on June 1, 2000. CRA examination history below reflects the period it was active.

FIRST AMERICAN BANK OF BRECKENRIDGE

BRECKENRIDGE, MN · Supervised by FDIC

Est. 1919FDIC #12,918RSSD: FDIC-12918
Part ofOTTO BREMER FOUNDATION→ View all charters
Outstanding Same

Current rating · Exam: March 1995

At a Glance

Community Lending (CRA)

Outstanding

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

Financial Health

Adequate

ROA 0.29%

Institution Profile

FDIC BankFind

Address

225 North Fifth Street, BRECKENRIDGE, MN

County

Wilkin County

Established

October 1, 1919

Total Assets

$79M(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, 1995

Exam Type

Not Reported

Regulator

FDIC
⚠️This exam is 31 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 Q1 2000Call Report / FDIC

Total Assets

$79M

Total Deposits

$56M

Net Loans

$55M

Net Income

$56K

ROA

0.29%

ROE

3.39%

Risk-Based Capital

11.82%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Rating History

CRA / FFIEC

Rating Trend

Stable

Based on last 3 exams

2 previous ratings locked — dating back to 1990

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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