Currie State Bank


Overview / Commentary
507-763-3262
141 Mill Street
Currie, MN 56123

Currie State Bank is headquartered in Currie and is the 177th largest bank in the state of Minnesota. It is also the 4,202nd largest bank in the nation. It was established in 1931 and as of December of 2019, it had grown to 18 employees at 2 locations. Currie State Bank has a B health rating.

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Currie State Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #8833
Year Established1931
Employees18
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.36%
Return on Equity - YTD13.76%
Annual Interest Income$5.0MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$87.1MM$82.2MM
LoansQ4 2019vs Q4 2018$79.4MM$73.4MM
DepositsQ4 2019vs Q4 2018$72.9MM$70.9MM
Equity CapitalQ4 2019vs Q4 2018$8.6MM$8.4MM
Loan Loss AllowanceQ4 2019vs Q4 2018$1.1MM$995.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$1.6MM$487.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates

Rates for Currie State Bank are currently being reviewed.

Locations


Currie State Bank Locations
Currie State Bank141 Mill StreetCurrie, MN 56123
Okabena Br117 S MinnesotaOkabena, MN 56161

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