MBT Bank


Overview / Commentary
641-585-2825
245 East J Street
Forest City, IA 50436

MBT Bank is headquartered in Forest City and is the 31st largest bank in the state of Iowa. It is also the 1,270th largest bank in the nation. It was established in 1945 and as of June of 2022, it had grown to 111 employees at 10 locations. MBT Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #16307
Year Established1945
Employees111
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.13%
Return on Equity - YTD13.54%
Annual Interest Income$11.2MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$737.0MM$442.7MM
LoansQ2 2022vs Q2 2021$429.9MM$268.7MM
DepositsQ2 2022vs Q2 2021$656.6MM$348.9MM
Equity CapitalQ2 2022vs Q2 2021$53.3MM$57.5MM
Loan Loss AllowanceQ2 2022vs Q2 2021$5.3MM$4.4MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$918.00K$431.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$40.00K
Rates

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Locations


Cities: Austin, Blooming Prairie, Clear Lake, Dodge Center, Forest City, Hayfield, Lake Mills, Mantorville, Rochester

Austin Branches
Austin Branch607 N. MainAustin, MN 55912

Blooming Prairie Branches
Farmers Merchants Blooming Prairie M245 East Main StreetBlooming Prairie, MN 55917

Clear Lake Branches
Clear Lake #2 Branch1919 East Highway 18Clear Lake, IA 50428
Clear Lake Branch300 1st Avenue NorthClear Lake, IA 50428

Dodge Center Branches
Dodge Center Branch42 West Main StreetDodge Center, MN 55927

Forest City Branches
Manufacturers Bank & Trust Company245 E J StForest City, IA 50436

Hayfield Branches
Citizens Sb Hayfield Mo Branch216 1st Avenue NeHayfield, MN 55940

Lake Mills Branches
Lake Mills Branch106 West Main StreetLake Mills, IA 50450

Mantorville Branches
Detached Facility402 North Main StMantorville, MN 55955

Rochester Branches
Main Office4408 Hwy 52 NwRochester, MN 55901

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