Overview / Commentary
Village Bank is headquartered in Saint Francis and is the 51st largest bank in the state of Minnesota. It is also the 1,981st largest bank in the nation. It was established in 1993 and as of September of 2021, it had grown to 68 employees at 4 locations. Village Bank has an A health rating.
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Reviews (1)
This Bank Should Be Shut Down
Posted by: Anonymous | Jan 20, 2012
This bank should be shut down as soon as possible. All of their problems stem from an ego filled board and owner. They will not work with any person that has the willingness to make their loan right. In fact, even if the loan is current they try to manipulate the terms so that they can take property back. WATCH OUT FOR THESE CROOKS. When it does get shut down don't be surprised if the current President of the bank and his partner buy it!!!!
Health
A
Data as of Q3 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 33761 |
| Year Established | 1993 |
| Employees | 68 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.58% |
| Return on Equity - YTD | 21.37% |
| Annual Interest Income | $10.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2021vs Q3 2020 | $419.3MM$393.0MM |
| Loans | Q3 2021vs Q3 2020 | $229.4MM$246.4MM |
| Deposits | Q3 2021vs Q3 2020 | $386.1MM$354.8MM |
| Equity Capital | Q3 2021vs Q3 2020 | $32.2MM$29.4MM |
| Loan Loss Allowance | Q3 2021vs Q3 2020 | $3.5MM$3.3MM |
| Unbacked Noncurrent Loans | Q3 2021vs Q3 2020 | $728.00K$490.00K |
| Real Estate Owned | Q3 2021vs Q3 2020 | $67.00K$0 |