Overview / Commentary
516 Main Street
Ogema, MN 56569

Community Development Bank, FSB is headquartered in Ogema and is the 105th largest bank in the state of Minnesota. It is also the 3,185th largest bank in the nation. It was established in 1906 and as of September of 2018, it had grown to 30 employees at 3 locations. Community Development Bank, FSB has an A health rating.


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Health Grade Components

FDIC Certificate #10568
Year Established1906
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD5.4%
Annual Interest Income$4.9MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$171.4MM$83.0MM
LoansQ3 2018vs Q3 2017$110.8MM$61.0MM
DepositsQ3 2018vs Q3 2017$145.0MM$70.1MM
Equity CapitalQ3 2018vs Q3 2017$20.4MM$9.3MM
Loan Loss AllowanceQ3 2018vs Q3 2017$1.2MM$1.1MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$1.4MM$569.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$22.00K

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Community Development Bank, FSB Locations
Community Development Bank, FSB516 Main StreetOgema, MN 56569
Hancock Branch570 6th StreetHancock, MN 56244
Saint Michael Branch12725 43rd Street, N.E.Saint Michael, MN 55376

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