Community Development Bank, FSB

Overview / Commentary
516 Main Street
Ogema, MN 56569

Community Development Bank, FSB is headquartered in Ogema and is the 107th largest bank in the state of Minnesota. It is also the 3,203rd largest bank in the nation. It was established in 1906 and as of December of 2018, it had grown to 36 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 - YTD0.66%
Return on Equity - YTD5.53%
Annual Interest Income$6.7MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$169.5MM$172.0MM
LoansQ4 2018vs Q4 2017$106.5MM$105.4MM
DepositsQ4 2018vs Q4 2017$144.4MM$148.0MM
Equity CapitalQ4 2018vs Q4 2017$20.9MM$20.2MM
Loan Loss AllowanceQ4 2018vs Q4 2017$1.3MM$1.1MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$1.1MM$1.1MM
Real Estate OwnedQ4 2018vs Q4 2017$85.00K$0

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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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