Minnwest Bank is headquartered in Redwood Falls and is the 5th largest bank in the state of Minnesota. It is also the 470th largest bank in the nation. It was established in 1941 and as of December of 2017, it had grown to 308 employees at 24 locations. Minnwest Bank has a B health rating.
|FDIC Certificate #||16958|
|Return on Assets - YTD||1.06%|
|Return on Equity - YTD||10.13%|
|Annual Interest Income||$72.3MM|
|Assets and Liabilities|
|Assets||Q4 2017vs Q4 2016||$1.73B$1.62B|
|Loans||Q4 2017vs Q4 2016||$1.42B$1.35B|
|Deposits||Q4 2017vs Q4 2016||$1.50B$1.38B|
|Equity Capital||Q4 2017vs Q4 2016||$177.6MM$170.2MM|
|Loan Loss Allowance||Q4 2017vs Q4 2016||$22.9MM$21.9MM|
|Unbacked Noncurrent Loans||Q4 2017vs Q4 2016||$16.1MM$3.8MM|
|Real Estate Owned||Q4 2017vs Q4 2016||$5.8MM$14.8MM|
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