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Overview / Commentary
2300 30th Street Northwest
Faribault, MN 55021

Reliance Bank (MN) is headquartered in Faribault and is the 145th largest bank in the state of Minnesota. It is also the 4,098th largest bank in the nation. It was established in 2007 and as of September of 2016, it had grown to 20 employees at 1 location. Reliance Bank (MN) has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #58602
Year Established2007
Employees20
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.6%
Return on Equity - YTD15.71%
Annual Interest Income$3.4MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$116.2MM$93.8MM
LoansQ3 2016vs Q3 2015$85.3MM$69.9MM
DepositsQ3 2016vs Q3 2015$102.4MM$83.5MM
Equity CapitalQ3 2016vs Q3 2015$11.5MM$10.1MM
Loan Loss AllowanceQ3 2016vs Q3 2015$1.1MM$868.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$43.00K$255.00K
Real Estate OwnedQ3 2016vs Q3 2015$45.00K$53.00K
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Locations


Reliance Bank (MN) Locations
Reliance Bank2300 30th Street NorthwestFaribault, MN 55021