Perennial Bank is headquartered in DARWIN and is the 134th largest bank in the state of Minnesota. It is also the 3,421st largest bank in the nation. It was established in 1914 and as of March of 2025, it had grown to 18 employees at 4 locations. Perennial Bank has a B+ health rating.
Overall | |
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FDIC Certificate # | 1413 |
Year Established | 1914 |
Employees | 18 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.94% |
Return on Equity - YTD | 14% |
Annual Interest Income | $1.4MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $145.5MM$141.3MM |
Loans | Q1 2025vs Q1 2024 | $58.4MM$52.5MM |
Deposits | Q1 2025vs Q1 2024 | $134.6MM$132.4MM |
Equity Capital | Q1 2025vs Q1 2024 | $10.1MM$8.2MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $774K$706K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $336K$275K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for Perennial Bank are currently being reviewed.
Perennial Bank Locations | ||
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Farmers State Bank Of Darwin | 318 N 1st St | Darwin, MN 55324 |
Dassel Branch | 780 W. Parker Ave | Dassel, MN 55325 |
Winthrop Br | 102 E. 2nd St. | Winthrop, MN 55396 |
Paynesville Br | 125 East James Street | Paynesville, MN 56362 |
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