Odin State Bank

Overview / Commentary

onlinebanking.odinstatebank.com

507-736-2691

101 East Main Street
Odin, MN 56160

Odin State Bank is headquartered in Odin and is the 242^nd largest bank in the state of Minnesota. It is also the 4,906^th largest bank in the nation. It was established in 1904 and as of June of 2019, it had grown to 9 employees at 1 location. Odin State Bank's money market rates are 3X the national average, but it has a C health rating.

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Health

Data as of Q2 2019

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Odin State Bank has a low asset base.

Health Grade Components

Overall
FDIC Certificate #	14574
Year Established	1904
Employees	9
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.83%
Return on Equity - YTD	8%
Annual Interest Income	$1.1MM

Assets and Liabilities
Assets	Q2 2019vs Q2 2018	$46.6MM$45.8MM
Loans	Q2 2019vs Q2 2018	$34.5MM$33.6MM
Deposits	Q2 2019vs Q2 2018	$38.2MM$35.4MM
Equity Capital	Q2 2019vs Q2 2018	$4.9MM$4.7MM
Loan Loss Allowance	Q2 2019vs Q2 2018	$579.00K$593.00K
Unbacked Noncurrent Loans	Q2 2019vs Q2 2018	$2.8MM$1.7MM
Real Estate Owned	Q2 2019vs Q2 2018	$507.00K$714.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Odin State Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%	$10	-	Regular Savings

Odin State Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.25%^*	$250k^*	-	Premium Money Market Account
OTHER TIERS: 0.25% → $2.5k - $25k \| 0.35% → $25k - $50k \| 0.45% → $50k - $100k \| 0.75% → $100k - $250k
0.25%^*	$2.5k^*	-	Money Market Account
OTHER TIERS: 0.10% → $100 - $2.5k

Odin State Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$10	-	NOW Checking

Odin State Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.86%^*	$10k^*	-	4 Year CD
OTHER TIERS: 1.76% → $500 - $10k
1.86%	$2.5k	-	15 Month Special CD
1.76%^*	$10k^*	-	3 Year CD
OTHER TIERS: 1.51% → $500 - $10k
1.51%	$2.5k	-	30 Month Special CD
1.35%^*	$10k^*	-	2 Year CD
OTHER TIERS: 1.00% → $500 - $10k
1.26%	$2.5k	-	18 Month Special CD
1.00%^*	$10k^*	-	1 Year CD
OTHER TIERS: 0.75% → $500 - $10k
0.50%^*	$10k^*	-	182 Day CD
OTHER TIERS: 0.45% → $500 - $10k
0.25%	$2.5k	-	91 Day CD
0.08%	$2.5k	-	7 Month Special CD

Odin State Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.76%	$500	-	18 Month IRA Special

Locations

Odin State Bank Locations
Odin State Bank	101 East Main Street	Odin, MN 56160

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