Overview / Commentary
Village Bank is headquartered in Saint Francis and is the 46th largest bank in the state of Minnesota. It is also the 1,999th largest bank in the nation. It was established in 1993 and as of June of 2020, it had grown to 69 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 Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 33761 |
| Year Established | 1993 |
| Employees | 69 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.05% |
| Return on Equity - YTD | 12.11% |
| Annual Interest Income | $7.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $374.9MM$284.8MM |
| Loans | Q2 2020vs Q2 2019 | $241.5MM$210.5MM |
| Deposits | Q2 2020vs Q2 2019 | $333.1MM$248.4MM |
| Equity Capital | Q2 2020vs Q2 2019 | $29.5MM$26.8MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $3.3MM$3.0MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $474.00K$2.2MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $305.00K$2.0MM |