Highland Bank


Overview / Commentary
763-497-2131
701 Central Avenue East
Saint Michael, MN 55376

Highland Bank is headquartered in Saint Michael and is the 31st largest bank in the state of Minnesota. It is also the 1,445th largest bank in the nation. It was established in 1943 and as of June of 2022, it had grown to 89 employees at 5 locations. Highland Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #16111
Year Established1943
Employees89
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.68%
Return on Equity - YTD18.67%
Annual Interest Income$13.0MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$623.8MM$667.0MM
LoansQ2 2022vs Q2 2021$378.9MM$396.3MM
DepositsQ2 2022vs Q2 2021$529.2MM$546.6MM
Equity CapitalQ2 2022vs Q2 2021$47.9MM$67.8MM
Loan Loss AllowanceQ2 2022vs Q2 2021$6.7MM$6.6MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$75.00K$552.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Highland Bank are currently being reviewed.

Locations


Highland Bank Locations
Maple Grove Branch13250 Grove DriveMaple Grove, MN 55369
Ridgedale State Bank Branch1700 Plymouth RoadMinnetonka, MN 55305
St Paul Branch2100 Ford ParkwaySaint Paul, MN 55116
Bloomington Branch5270 West 84th StreetBloomington, MN 55437
Highland Bank701 Central Ave ESaint Michael, MN 55376

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