Minnwest Bank is headquartered in Redwood Falls and is the 6th largest bank in the state of Minnesota. It is also the 482nd largest bank in the nation. It was established in 1941 and as of September of 2016, it had grown to 330 employees at 24 locations. Minnwest Bank has an A health rating.
|FDIC Certificate #||16958|
|Return on Assets - YTD||0.92%|
|Return on Equity - YTD||9%|
|Annual Interest Income||$51.9MM|
|Assets and Liabilities|
|Assets||Q3 2016vs Q3 2015||$1.60B$1.55B|
|Loans||Q3 2016vs Q3 2015||$1.33B$1.30B|
|Deposits||Q3 2016vs Q3 2015||$1.36B$1.31B|
|Equity Capital||Q3 2016vs Q3 2015||$168.6MM$161.1MM|
|Loan Loss Allowance||Q3 2016vs Q3 2015||$22.0MM$20.7MM|
|Unbacked Noncurrent Loans||Q3 2016vs Q3 2015||$5.6MM$4.1MM|
|Real Estate Owned||Q3 2016vs Q3 2015||$16.2MM$23.1MM|
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