Currie State Bank


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

Currie State Bank is headquartered in Currie and is the 193rd largest bank in the state of Minnesota. It is also the 4,094th largest bank in the nation. It was established in 1931 and as of June of 2022, it had grown to 19 employees at 2 locations. Currie State Bank has a B+ health rating.

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Health
B+
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
Employees19
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.22%
Return on Equity - YTD11.56%
Annual Interest Income$2.0MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$88.7MM$89.8MM
LoansQ2 2022vs Q2 2021$75.9MM$76.3MM
DepositsQ2 2022vs Q2 2021$78.6MM$79.2MM
Equity CapitalQ2 2022vs Q2 2021$9.3MM$9.4MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.4MM$993.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.8MM$1.2MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Currie State Bank are currently being reviewed.

Locations


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

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