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

KleinBank is headquartered in Big Lake and is the 3rd largest bank in the state of Minnesota. It is also the 441st largest bank in the nation. It was established in 1925 and as of December of 2013, it had grown to 358 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 Q4 2013

Institution Health


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 December 31, 2013 KleinBank had $11.17 million in non-current loans and owned real-estate with $171.89 million in equity and loan loss allowances on hand to cover it. This gives KleinBank a Texas Ratio of 6.50% 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 8.74% as of December 31, 2012 to 6.50% as of December 31, 2013, resulting in a positive change of 25.67%.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 decreased its total deposits by -$9.02 million, resulting in -0.66% 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 average.



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 $1.58 billion in assets with $171.89 million in equity, resulting in a capitalization level of 10.85%, which is above average.

Institution Statistics

FDIC Certificate #1414
Year Established1925
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.58 billion
Loans$633.84 million
Deposits$1.36 billion
Equity Capital$156.28 million
Loan Loss Allowance$15.61 million
Unbacked Noncurrent Loans$6.69 million
Real Estate Owned$4.49 million
Historic Data - December 2012
Assets$1.65 billion
Equity Capital$178.82 million
Loan Loss Allowance$15.40 million
Unbacked Noncurrent Loans$6.69 million
Real Estate Owned$8.75 million
Profit Margin - Quarterly
Net Interest Margin3.11%
Return on Assets0.76%
Return on Equity7.27%
Interest Income$48.87 million

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