Vitals
  • Total Assets
    56.7M 3.9 %
  • Total Deposits
    46.5M 8.6 %
  • Total Net Loans
    36.7M -1.0 %
  • Net Income
    76000.0000 46.2 %
  • Book Value
    7.0M 1.9 %
  • Book Value x2
    14.0M 1.9 %
  • Book Value x3
    21.0M 1.9 %
ROAA

.536

ROAE

4.354

Efficiency Ratio

78.668

Net Interest Margin

4.096

Balance Sheet Highlights
Financial Highlights Fortress Bank Minnesota All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 56,737 99,117
Total Net Loans 36,736 71,599
Total Deposits 46,459 82,863
Total Equity 6,995 9,989
Profitability
Net Income 76 853
Return on Average Assets .536 1.347
Return on Average Equity 4.354 13.145
Net Interest Margin 4.096 4.246
Efficiency Ratio 78.668 66.538
Noninterest Income/Revenue 7.643 8.37
Balance Sheet Ratios
Loan-to-Deposit 79.072 83.358
Securities/Assets .172 .23
Total Equity/Total Assets .123 .101
Tangible Equity/Tangible Assets .089 .036
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 5,099 9,563
Tier 2 Capital 280 864
Total Capital 5,379 10,439
Total Risk Weighted Assets 41,898 77,820
Leverage Ratio 9.31 10.026
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 12.17 13.304
Total Capital Ratio 12.84 14.419

Timeline for Fortress Bank Minnesota

Eastwood Bank

Fortress Bank Minnesota was acquired by Eastwood Bank 16 years

View Profile Jun 08 2007

Merchants Merger Corp.

Merchants Merger Corp. became a new parent organization for Fortress Bank Minnesota.

View Profile Jan 06 2003

Fortress Holdings, Inc.

Fortress Holdings, Inc. became a new parent organization for Fortress Bank Minnesota.

View Profile Feb 10 1994

Security State Bank Of Houston

Acquisition: Fortress Bank Minnesota acquired a new subsidiary, Security State Bank Of Houston, 33 years

View Profile Jan 01 1991

Klossner Bancorporation, Inc.

Klossner Bancorporation, Inc. became a new parent organization for Fortress Bank Minnesota.

View Profile Jan 10 1989

Want to see more?

Complete timeline for Fortress Bank Minnesota is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Eastwood Bank Buyer 656,340 Acquisition Discontinued 6/8/2007
Security State Bank Of Houston Seller 11,454 Discontinued 1/1/1991
Relationships Role Relationship Start Relationship End
Merchants Merger Corp. Parent 1/6/2003 6/7/2007
Fortress Holdings, Inc. Parent 2/10/1994 1/5/2003
Klossner Bancorporation, Inc. Parent 1/10/1989 2/9/1994
Houston State Holding, Inc. Parent 8/31/1986 1/9/1989
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