Vitals
  • Total Assets
    17.2M 12.6 %
  • Total Deposits
    14.9M 10.2 %
  • Total Net Loans
    11.8M -3.1 %
  • Net Income
    102000.0000 537.5 %
  • Book Value
    1.8M 5.8 %
  • Book Value x2
    3.7M 5.8 %
  • Book Value x3
    5.5M 5.8 %
ROAA

.81

ROAE

7.62

Efficiency Ratio

67.917

Net Interest Margin

3.809

Balance Sheet Highlights
Financial Highlights First Independent Bank Of Wood Lake All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 17,237 106,510
Total Net Loans 11,757 77,496
Total Deposits 14,878 86,237
Total Equity 1,830 10,782
Profitability
Net Income 102 1,489
Return on Average Assets .81 1.186
Return on Average Equity 7.62 11.479
Net Interest Margin 3.809 4.093
Efficiency Ratio 67.917 69.076
Noninterest Income/Revenue 9.158 9.492
Balance Sheet Ratios
Loan-to-Deposit 79.023 86.761
Securities/Assets .18 .244
Total Equity/Total Assets .106 .101
Tangible Equity/Tangible Assets .099 .03
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 1,702 10,198
Tier 2 Capital 152 925
Total Capital 1,854 11,137
Total Risk Weighted Assets 12,089 84,434
Leverage Ratio 10.02 10.027
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 14.08 13.202
Total Capital Ratio 15.34 14.293

Timeline for First Independent Bank Of Wood Lake

First Independent Bank

First Independent Bank Of Wood Lake was acquired by First Independent Bank 15 years

View Profile Nov 29 2008

Finlayson Bancshares, Inc.

Finlayson Bancshares, Inc. became a new parent organization for First Independent Bank Of Wood Lake.

View Profile Mar 30 2004

Wood Lake Bancorporation

Wood Lake Bancorporation became a new parent organization for First Independent Bank Of Wood Lake.

View Profile Oct 01 1982

Wood Lake Corporation

Wood Lake Corporation became a new parent organization for First Independent Bank Of Wood Lake.

View Profile Dec 31 1970

First Independent Bank Of Wood Lake

First Independent Bank Of Wood Lake was established 122 years ago and is currently headquartered in Wood Lake, MN.

Apr 01 1902
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Independent Bank Buyer 275,731 Pooling of Interests Discontinued 11/29/2008
Relationships Role Relationship Start Relationship End
Finlayson Bancshares, Inc. Parent 3/30/2004 11/28/2008
Wood Lake Bancorporation Parent 8/12/1996 3/29/2004
Wood Lake Bancorporation Parent 1/28/1991 8/11/1996
Wood Lake Bancorporation Parent 9/30/1984 1/27/1991
Wood Lake Bancorporation Parent 10/1/1982 9/29/1984
Wood Lake Corporation Parent 12/31/1979 9/30/1982
Wood Lake Corporation Parent 12/31/1978 12/30/1979
Wood Lake Corporation Parent 12/31/1973 12/30/1978
Wood Lake Corporation Parent 12/31/1970 12/30/1973
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