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Overview / Commentary
19943 County Road 43
Big Lake, MN 55309

KleinBank is headquartered in Big Lake and is the 2nd largest bank in the state of Minnesota. It is also the 445th largest bank in the nation. It was established in 1925 and as of March of 2014, it had grown to 354 employees at 20 locations. KleinBank has a A+ health rating.

Reviews (1)

Horrible Communication

I am very dissatisfied with KleinBank in Chanhassen. I was merely trying to renew a equity loan, and all they did was send me offers of higher payments. When they came down to where we began over 30 days had passed, and when it came to closing, my loan officer was on vacation, so they threatened liens and foreclosure if I didn't sign their new contract (with additional fees) because the loan was not written correctly in the first place. They forced me to close before my loan officer returned, so they would not have to admit to their own mistakes. I have been with this bank for over ten years and they treat me like a fool, called me a liar, and bullied me. if you bank with these guys, document times etc.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 KleinBank had $10.98 million in non-current loans and owned real-estate with $179.82 million in equity and loan loss allowances on hand to cover it. This gives KleinBank a Texas Ratio of 6.11% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for KleinBank decreased slightly from 8.04% as of March 31, 2013 to 6.11% as of March 31, 2014, resulting in a positive change of 24.09%.This indicates that the balance sheet and financial strength for KleinBank has improved slightly in recent periods.

Deposit Growth


In the past year, KleinBank has increased its total deposits by $41.32 million, resulting in 3.18% 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 excellent.



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 $1.57 billion in assets with $179.82 million in equity, resulting in a capitalization level of 11.44%, which is excellent.

Institution Statistics

FDIC Certificate #1414
Year Established1925
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.57 billion
Loans$616.65 million
Deposits$1.34 billion
Equity Capital$163.89 million
Loan Loss Allowance$15.92 million
Unbacked Noncurrent Loans$6.48 million
Real Estate Owned$4.51 million
Historic Data - March 2013
Assets$1.61 billion
Equity Capital$178.25 million
Loan Loss Allowance$15.69 million
Unbacked Noncurrent Loans$6.48 million
Real Estate Owned$7.89 million
Profit Margin - Quarterly
Net Interest Margin3.1%
Return on Assets0.43%
Return on Equity4.27%
Interest Income$11.98 million

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KleinBank has 20 locations. Click to view all KleinBank locations.