Stearns Bank National Association is headquartered in Saint Cloud and is the 6th largest bank in the state of Minnesota. It is also the 454th largest bank in the nation. It was established in 1912 and as of September of 2020, it had grown to 407 employees at 8 locations. Stearns Bank National Association has an A health rating.
Overall | |
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FDIC Certificate # | 10988 |
Year Established | 1912 |
Employees | 407 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 1.27% |
Return on Equity - YTD | 6.33% |
Annual Interest Income | $122.5MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $2.20B$2.17B |
Loans | Q3 2020vs Q3 2019 | $1.78B$2.02B |
Deposits | Q3 2020vs Q3 2019 | $1.70B$1.65B |
Equity Capital | Q3 2020vs Q3 2019 | $460.8MM$444.1MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $101.0MM$67.0MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $32.5MM$19.5MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $153.00K$872.00K |
Rates for Stearns Bank National Association are currently being reviewed.