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Overview / Commentary
607 South Smith Avenue
Saint Paul, MN 55107

BankCherokee is headquartered in Saint Paul and is the 53rd largest bank in the state of Minnesota. It is also the 2,367th largest bank in the nation. It was established in 1908 and as of March of 2017, it had grown to 58 employees at 4 locations. BankCherokee has a B+ health rating.


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Health Grade Components

FDIC Certificate #8537
Year Established1908
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.43%
Return on Equity - YTD5.63%
Annual Interest Income$2.1MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$274.9MM$265.0MM
LoansQ1 2017vs Q1 2016$155.8MM$158.1MM
DepositsQ1 2017vs Q1 2016$246.6MM$236.5MM
Equity CapitalQ1 2017vs Q1 2016$20.8MM$20.3MM
Loan Loss AllowanceQ1 2017vs Q1 2016$2.1MM$2.0MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$1.6MM$1.8MM
Real Estate OwnedQ1 2017vs Q1 2016$824.00K$1.1MM

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BankCherokee Locations
Bankcherokee607 South Smith AvenueSaint Paul, MN 55107
Randolph Avenue Branch675 Randolph AvenueSaint Paul, MN 55102
Grand Avenue Branch985 Grand AvenueSt. Paul, MN 55105
North Oaks Branch999 Village Center DriveNorth Oaks, MN 55127