KleinBank

KleinBank is headquartered in Big Lake and is the 4^th largest bank in the state of Minnesota. It is also the 442^nd largest bank in the nation. It was established in 1925 and as of March of 2012, it had grown to 383 employees at 22 locations. KleinBank has a 4-star health rating.

Data for Q1 2012

Institution Statistics KleinBank FDIC Certificate # 1414 BankRate Report View Year Established 1925 Employees 383 Primary Regulator FDIC Assets and Liabilities Assets $1.50 billion Loans $705.34 million Deposits $1.26 billion Equity Capital $172.20 million Loan Loss Allowance $17.73 million Unbacked Noncurrent Loans $18.37 million Real Estate Owned $15.70 million Historic Data - March 2011 Assets $1.46 billion Equity Capital $149.70 million Loan Loss Allowance $19.12 million Unbacked Noncurrent Loans $30.30 million Real Estate Owned $24.66 million Profit Margin - Quarterly Net Interest Margin 3.74% Return on Assets 0.73% Return on Equity 6.35% Interest Income $14.25 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 KleinBank had $34.07 million in non-current loans and owned real-estate with $189.93 million in equity and loan loss allowances on hand to cover it. This gives KleinBank a Texas Ratio of 17.94% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for KleinBank decreased significantly from 32.44% as of March 31, 2011 to 17.94% as of March 31, 2012, resulting in a positive change of 44.71%.This indicates that the balance sheet and financial strength for KleinBank has improved significantly in recent periods. Deposit Growth In the past year, KleinBank has increased its total deposits by $26.83 million, resulting in 2.17% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth KleinBank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. KleinBank has $1.5 billion in assets with $189.93 million in equity, resulting in a capitalization level of 12.62%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.