Minnwest Bank, M.V.

Minnwest Bank, M.V. is headquartered in Redwood Falls and is the 22^nd largest bank in the state of Minnesota. It is also the 1,342^nd largest bank in the nation. It was established in 1941 and as of March of 2012, it had grown to 87 employees at 8 locations. Minnwest Bank, M.V. has a 3-star health rating.

Data for Q1 2012

Minnwest Bank, M.V. consists of multiple companies with separate FDIC numbers. Click on an FDIC number to view the health for that company:

16958 - Minnwest Bank, M.V.
1398 - Minnwest Bank Central
1410 - Minnwest Bank South
17898 - Minnwest Bank Metro
8224 - Minnwest Bank Luverne
35545 - Minnwest Bank Sioux Falls

Institution Statistics Minnwest Bank, M.V. FDIC Certificate # 16958 BankRate Report View Year Established 1941 Employees 87 Primary Regulator FDIC Assets and Liabilities Assets $506.19 million Loans $384.28 million Deposits $435.24 million Equity Capital $50.35 million Loan Loss Allowance $5.81 million Unbacked Noncurrent Loans $3.82 million Real Estate Owned $13.82 million Historic Data - March 2011 Assets $520.66 million Equity Capital $48.33 million Loan Loss Allowance $5.18 million Unbacked Noncurrent Loans $3.87 million Real Estate Owned $19.04 million Profit Margin - Quarterly Net Interest Margin 3.8% Return on Assets 1.16% Return on Equity 11.9% Interest Income $5.57 million

Institution Health Overall Score: 3 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 Minnwest Bank, M.V. had $17.63 million in non-current loans and owned real-estate with $56.16 million in equity and loan loss allowances on hand to cover it. This gives Minnwest Bank, M.V. a Texas Ratio of 31.40% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Minnwest Bank, M.V. decreased slightly from 42.80% as of March 31, 2011 to 31.40% as of March 31, 2012, resulting in a positive change of 26.65%.This indicates that the balance sheet and financial strength for Minnwest Bank, M.V. has improved slightly in recent periods. Deposit Growth In the past year, Minnwest Bank, M.V. has decreased its total deposits by -$7.52 million, resulting in -1.7% 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 Minnwest Bank, M.V. has shown is below 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. Minnwest Bank, M.V. has $506.19 million in assets with $56.16 million in equity, resulting in a capitalization level of 11.09%, which is above average.

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