Minnwest Bank is headquartered in Redwood Falls and is the 6th largest bank in the state of Minnesota. It is also the 469th largest bank in the nation. It was established in 1941 and as of June of 2016, it had grown to 328 employees at 24 locations. Minnwest Bank has a B+ health rating.
|FDIC Certificate #||16958|
|Return on Assets - YTD||0.94%|
|Return on Equity - YTD||9.31%|
|Annual Interest Income||$34.6MM|
|Assets and Liabilities|
|Assets||Q2 2016vs Q2 2015||$1.64B$1.57B|
|Loans||Q2 2016vs Q2 2015||$1.35B$1.31B|
|Deposits||Q2 2016vs Q2 2015||$1.38B$1.33B|
|Equity Capital||Q2 2016vs Q2 2015||$167.4MM$159.0MM|
|Loan Loss Allowance||Q2 2016vs Q2 2015||$21.7MM$20.1MM|
|Unbacked Noncurrent Loans||Q2 2016vs Q2 2015||$5.5MM$5.9MM|
|Real Estate Owned||Q2 2016vs Q2 2015||$17.6MM$25.1MM|
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