CANNON FALLS, MN · Supervised by FDIC
Contact & Details
FDIC BankFindWebsite
Address
County
Established
Total Assets
Federal 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
$473M
Total Deposits
$426M
Net Loans
$294M
Net Income
$1M
ROA
1.18%
Above avg for Small banks. Peer avg: 0.44%
ROE
13.57%
Risk-Based Capital
14.34%
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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| Year | Applications | Orig. Rate | Denial Rate |
|---|---|---|---|
| 2024 | 78 | 74.36% | 14.10% |
| 2023 | 85 | 70.59% | 12.94% |
| 2019 | 271 | 89.3% | 4.43% |
| 2018 | 269 | 88.1% | 2.23% |
Denial rate = denials ÷ total applications. 2024 national avg: 23.75% · Small bank avg: 6.90% · above-average shown in red
| Exam Date | Rating | Exam Type |
|---|---|---|
| Jul 2023 | Satisfactory | Intermediate Small Bank |
| Jul 2020 | Satisfactory | Small Bank |
| Jul 2017 | Satisfactory | Small Bank |
7 previous ratings locked — back to 1990
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Total Branches
7
Branch Deposits
$421M
1-Year Change
0
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