Overview / Commentary
218-367-2735
106 St Hwy 78 N
Ottertail, MN 56571

First National Bank of Henning is headquartered in Ottertail and is the 87th largest bank in the state of Minnesota. It is also the 2,864th largest bank in the nation. It was established in 1903 and as of June of 2018, it had grown to 39 employees at 3 locations. First National Bank of Henning has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #5162
Year Established1903
Employees39
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.54%
Return on Equity - YTD12.81%
Annual Interest Income$4.4MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$204.4MM$116.4MM
LoansQ2 2018vs Q2 2017$135.9MM$80.6MM
DepositsQ2 2018vs Q2 2017$180.2MM$101.2MM
Equity CapitalQ2 2018vs Q2 2017$23.4MM$14.3MM
Loan Loss AllowanceQ2 2018vs Q2 2017$1.7MM$982.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$2.0MM$1.0MM
Real Estate OwnedQ2 2018vs Q2 2017$167.00K$781.00K
Rates
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First National Bank of Henning Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*-$25kKasasa Cash
OTHER TIERS: 0.40% $25k+
Locations


First National Bank of Henning Locations
The First National Bank Of Henning106 Mn Highway 78 NOttertail, MN 56571
Henning Branch512 Douglas AvenueHenning, MN 56551
Battle Lake Br101 Lake Avenue SouthBattle Lake, MN 56515

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