Vitals
  • Total Assets
    15.9M 4.2 %
  • Total Deposits
    13.8M 4.5 %
  • Total Net Loans
    5.6M -16.3 %
  • Net Income
    87000.0000 1,142.9 %
  • Book Value
    2.1M 1.5 %
  • Book Value x2
    4.1M 1.5 %
  • Book Value x3
    6.2M 1.5 %
ROAA

2.241

ROAE

16.865

Efficiency Ratio

84.003

Net Interest Margin

2.841

Balance Sheet Highlights
Financial Highlights Choice Financial Savings Bank All Insured Savings Banks in Minnesota
Balance Sheet $(000)
Total Assets 15,936 227,893
Total Net Loans 5,600 135,200
Total Deposits 13,807 187,752
Total Equity 2,057 27,814
Profitability
Net Income 87 422
Return on Average Assets 2.241 .933
Return on Average Equity 16.865 8.301
Net Interest Margin 2.841 3.461
Efficiency Ratio 84.003 72.366
Noninterest Income/Revenue 10.236 21.808
Balance Sheet Ratios
Loan-to-Deposit 40.559 71.644
Securities/Assets .152 .256
Total Equity/Total Assets .129 .122
Tangible Equity/Tangible Assets .104 .114
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 1,656 25,969
Tier 2 Capital 100 1,302
Total Capital 1,756 27,271
Total Risk Weighted Assets 7,838 132,266
Leverage Ratio 10.66 10.603
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 21.13 18.589
Total Capital Ratio 22.4 19.723

Timeline for Choice Financial Savings Bank

Choice Financial Group

Choice Financial Savings Bank was acquired by Choice Financial Group 11 years

View Profile Apr 20 2013

Choice Financial Holdings, Inc.

Choice Financial Holdings, Inc. became a new parent organization for Choice Financial Savings Bank.

View Profile Sep 15 2005

Carlson Bankshares, Inc.

Carlson Bankshares, Inc. became a new parent organization for Choice Financial Savings Bank.

View Profile Nov 21 1983

Choice Financial Savings Bank

Choice Financial Savings Bank was established 116 years ago and is currently headquartered in Comfrey, MN.

Apr 01 1908
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Choice Financial Group Buyer 1,151,661 Pooling of Interests Discontinued 4/20/2013
Relationships Role Relationship Start Relationship End
Choice Financial Holdings, Inc. Parent 7/21/2011 4/19/2013
Choice Financial Holdings, Inc. Parent 12/30/2009 7/20/2011
Choice Financial Holdings, Inc. Parent 9/15/2005 12/29/2009
Carlson Bankshares, Inc. Parent 9/15/2005 12/29/2009
Carlson Bankshares, Inc. Parent 12/31/1989 9/14/2005
Carlson Bankshares, Inc. Parent 12/31/1984 12/30/1989
Carlson Bankshares, Inc. Parent 11/21/1983 12/30/1984
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