First Minnetonka City Bank

Overview / Commentary

www.fmcbank.com

952-935-8663

14550 Excelsior Boulevard
Minnetonka, MN 55345

First Minnetonka City Bank is headquartered in Minnetonka and is the 77^th largest bank in the state of Minnesota. It is also the 2,722^nd largest bank in the nation. It was established in 1964 and as of March of 2019, it had grown to 35 employees at 4 locations. First Minnetonka City Bank's CD rates are 40% higher than the national average, and it has a B+ health rating.

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Health

B+

Data as of Q1 2019

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Health Grade Components

Overall
FDIC Certificate #	19188
Year Established	1964
Employees	35
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.13%
Return on Equity - YTD	10.88%
Annual Interest Income	$1.9MM

Assets and Liabilities
Assets	Q1 2019vs Q1 2018	$220.3MM$223.0MM
Loans	Q1 2019vs Q1 2018	$121.2MM$111.5MM
Deposits	Q1 2019vs Q1 2018	$196.9MM$202.1MM
Equity Capital	Q1 2019vs Q1 2018	$23.3MM$20.9MM
Loan Loss Allowance	Q1 2019vs Q1 2018	$1.0MM$830.00K
Unbacked Noncurrent Loans	Q1 2019vs Q1 2018	$338.00K$738.00K
Real Estate Owned	Q1 2019vs Q1 2018	$851.00K$1.1MM

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Minnetonka City Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$5k^*	-	Health Savings Account
OTHER TIERS: 0.10% → Up to $1k \| 0.12% → $1k - $5k
0.10%	$15	-	Advantage Savings
0.07%	$15	-	Thrift Savings Account

First Minnetonka City Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%^*	$50k^*	-	Money Market Savings Account
OTHER TIERS: 0.15% → $15 - $10k \| 0.20% → $10k - $25k \| 0.40% → $25k - $50k

First Minnetonka City Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%	$500	-	Relationship Checking Account
0.10%	$500	-	Ultimate Gold Checking Account
0.05%	$500	-	Ultimate Interest Checking Account

First Minnetonka City Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	$1k	-	48 Month CD
2.02%	$2.5k	-	21 Month CD Special
1.76%	$1k	-	36 Month CD
1.76%	$2.5k	-	15 Month CD Special
1.61%	$1k	-	30 Month CD
1.51%	$1k	-	24 Month CD
1.50%	$2.5k	-	11 Month CD Special
1.36%	$1k	-	18 Month CD
1.26%	$1k	-	12 Month CD
1.00%	$1k	-	182 Day CD
0.15%	$1k	-	91 Day CD

First Minnetonka City Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	$1k	-	48 Month IRA
2.02%	$2.5k	-	21 Month IRA Special
1.76%	$1k	-	36 Month IRA
1.76%	$2.5k	-	15 Month IRA Special
1.61%	$1k	-	30 Month IRA
1.51%	$1k	-	24 Month IRA
1.50%	$2.5k	-	11 Month IRA Special
1.36%	$1k	-	18 Month IRA
1.26%	$1k	-	12 Month IRA

Locations

First Minnetonka City Bank Locations
Country Village Branch	11500 Highway Seven	Minnetonka, MN 55343
First Minnetonka City Bank	14550 Excelsior Boulevard	Minnetonka, MN 55345

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