Overview / Commentary
Minnesota Bank & Trust is headquartered in Edina and is the 20th largest bank in the state of Minnesota. It is also the 1,135th largest bank in the nation. It was established in 2008 and as of June of 2022, it had grown to 39 employees at 2 locations. Minnesota Bank & Trust has a B+ health rating.
Reviews (1)
Rewards Checking Rate Cut January 1, 2012
Posted by: DanielBeasley | Dec 16, 2011
Just popped in to set up an account and was told rewards checking rate would be dropping to 2.5%. 5 stars for being up front and honest with me.
Health
B+
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58818 |
| Year Established | 2008 |
| Employees | 39 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.37% |
| Return on Equity - YTD | 10.41% |
| Annual Interest Income | $14.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $850.9MM$961.1MM |
| Loans | Q2 2022vs Q2 2021 | $508.9MM$541.2MM |
| Deposits | Q2 2022vs Q2 2021 | $734.8MM$762.5MM |
| Equity Capital | Q2 2022vs Q2 2021 | $105.2MM$125.3MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $4.5MM$4.9MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $2.6MM$3.8MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |