Minnwest Bank is headquartered in Redwood Falls and is the 4th largest bank in the state of Minnesota. It is also the 484th largest bank in the nation. It was established in 1941 and as of March of 2018, it had grown to 316 employees at 24 locations. Minnwest Bank has a B+ health rating.
|FDIC Certificate #||16958|
|Return on Assets - YTD||0.89%|
|Return on Equity - YTD||8.53%|
|Annual Interest Income||$18.5MM|
|Assets and Liabilities|
|Assets||Q1 2018vs Q1 2017||$1.69B$1.63B|
|Loans||Q1 2018vs Q1 2017||$1.40B$1.33B|
|Deposits||Q1 2018vs Q1 2017||$1.45B$1.35B|
|Equity Capital||Q1 2018vs Q1 2017||$180.6MM$171.9MM|
|Loan Loss Allowance||Q1 2018vs Q1 2017||$22.7MM$22.3MM|
|Unbacked Noncurrent Loans||Q1 2018vs Q1 2017||$14.4MM$6.5MM|
|Real Estate Owned||Q1 2018vs Q1 2017||$5.3MM$14.8MM|
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