CorTrust Bank National Association
Overview / Commentary
CorTrust Bank National Association is headquartered in Mitchell and is the 10th largest bank in the state of South Dakota. It is also the 654th largest bank in the nation. It was established in 1930 and as of June of 2022, it had grown to 325 employees at 37 locations. CorTrust Bank National Association has an A health rating.
Health
A
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 6063 |
| Year Established | 1930 |
| Employees | 325 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.63% |
| Return on Equity - YTD | 8.14% |
| Annual Interest Income | $27.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $1.63B$1.52B |
| Loans | Q2 2022vs Q2 2021 | $943.2MM$865.9MM |
| Deposits | Q2 2022vs Q2 2021 | $1.45B$1.36B |
| Equity Capital | Q2 2022vs Q2 2021 | $115.2MM$137.3MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $20.4MM$18.6MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $4.6MM$3.9MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$788.00K |
