Overview / Commentary
651-224-5000
60 Plato Boulevard, Suite 100
Saint Paul, MN 55107

Drake Bank is headquartered in Saint Paul and is the 155th largest bank in the state of Minnesota. It is also the 4,020th largest bank in the nation. It was established in 2002 and as of June of 2018, it had grown to 25 employees at 1 location. Drake Bank has a C+ health rating.

Reviews

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Health
C+

Health Grade Components

Overall
FDIC Certificate #57336
Year Established2002
Employees25
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.07%
Return on Equity - YTD0.68%
Annual Interest Income$2.7MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$109.6MM$100.1MM
LoansQ2 2018vs Q2 2017$94.9MM$82.2MM
DepositsQ2 2018vs Q2 2017$83.8MM$75.0MM
Equity CapitalQ2 2018vs Q2 2017$11.1MM$11.0MM
Loan Loss AllowanceQ2 2018vs Q2 2017$1.2MM$1.1MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$4.2MM$376.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates

Rates for Drake Bank are currently being reviewed.

Locations


Drake Bank Locations
Drake Bank60 Plato Boulevard, Suite 100Saint Paul, MN 55107

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