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 Minnwest Bank
Minnwest Bank
| RSSD ID 302656 | CERTIFICATE 16958 | ABA NUMBER 91915845 |
| 300 S Washington St |
Quarter Ended : |
2025-03-31 |
| Redwood Falls, Minnesota, 56283 |
Updated : |
2025-04-30 |
| www.minnwestbank.com |
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| Institution Profile |
| Year Opened : |
1941 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
37 |
Number of Employees : |
390 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 3,091,443 |
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Total Interest Income | 39,343 |
| Total Liabilities | 2,790,261 |
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Total NonInterest Income | 3,080 |
| Total Bank Equity Capital | 301,182 |
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Total Interest Expense | 15,166 |
| Total Deposits | 2,754,708 |
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Total NonInterest Expense | 18,299 |
| Net Loans & Leases | 2,228,082 |
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Net Income | 5,770 |
| Loan Loss Allowance | 30,939 |
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Net Charge Offs | 943 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 309,241 |
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Total loans | 2,185,418 |
| Total assets for the leverage ratio | 3,093,540 |
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Loans secured by real estate: | 1,633,107 |
| Tier 1 Leverage Ratio | 9 |
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Commercial and industrial loans | 162,492 |
| Tier 1 Capital Ratio | 11.14 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.38 |
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Loans to individuals - Other | 11,621 |
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:· Minnwest Bank
