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This institution is no longer active

Operations ceased on July 14, 2000. CRA examination history below reflects the period it was active.

TOWN AND COUNTRY BANK OF ALMELUND

ALMELUND, MN · Supervised by FDIC

Est. 1914FDIC #10,985RSSD: FDIC-10985
Part ofMARTINIUS CORP→ View all charters
Outstanding Same

Current rating · Exam: February 1999

At a Glance

Community Lending (CRA)

Outstanding

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

Financial Health

Needs Attention

ROA -19.58%

Institution Profile

FDIC BankFind

Address

Main Street, ALMELUND, MN

County

Chisago County

Established

May 1, 1914

Total Assets

$26M(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

February 1, 1999

Exam Type

Small Bank

Regulator

FDIC
⚠️This exam is 27 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 Q2 2000Call Report / FDIC

Total Assets

$26M

Total Deposits

$27M

Net Loans

$19M

Net Income

$-2,880K

ROA

-19.58%

ROE

-542.03%

Risk-Based Capital

-4.26%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Rating History

CRA / FFIEC

Rating Trend

Improving

Based on last 3 exams

3 previous ratings locked — dating back to 1991

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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