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

BankCherokee is headquartered in Saint Paul and is the 54th largest bank in the state of Minnesota. It is also the 2,418th largest bank in the nation. It was established in 1908 and as of September of 2016, 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 - YTD0.38%
Return on Equity - YTD4.94%
Annual Interest Income$6.3MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$266.4MM$260.3MM
LoansQ3 2016vs Q3 2015$159.1MM$156.7MM
DepositsQ3 2016vs Q3 2015$237.8MM$231.0MM
Equity CapitalQ3 2016vs Q3 2015$21.0MM$19.7MM
Loan Loss AllowanceQ3 2016vs Q3 2015$2.1MM$1.8MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$1.1MM$2.0MM
Real Estate OwnedQ3 2016vs Q3 2015$1.4MM$1.5MM

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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