Premier Bank (MN) is headquartered in HASTINGS and is the 30th largest bank in the state of Minnesota. It is also the 1,374th largest bank in the nation. It was established in 1990 and as of June of 2024, it had grown to 85 employees at 12 locations. Premier Bank (MN) has an A health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 33204 |
| Year Established | 1990 |
| Employees | 85 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.39% |
| Return on Equity - YTD | 15.14% |
| Annual Interest Income | $17.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $689.8MM$629.4MM |
| Loans | Q2 2024vs Q2 2023 | $550.2MM$498.4MM |
| Deposits | Q2 2024vs Q2 2023 | $602.9MM$545.7MM |
| Equity Capital | Q2 2024vs Q2 2023 | $62.9MM$56.5MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $7MM$6.4MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $105K$42K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $1.2MM$1.2MM |
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