Vitals
  • Total Assets
    1.7B 7.5 %
  • Total Deposits
    1.4B 6.9 %
  • Total Net Loans
    966.1M 8.1 %
  • Net Income
    23.5M 3.9 %
  • Book Value
    207.0M 0.8 %
  • Book Value x2
    413.9M 0.8 %
  • Book Value x3
    620.9M 0.8 %
ROAA

1.465

ROAE

11.64

Efficiency Ratio

67.95

Net Interest Margin

4.011

Balance Sheet Highlights
Financial Highlights Frandsen Bank & Trust All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 1,717,614 147,703
Total Net Loans 966,109 97,223
Total Deposits 1,423,330 126,600
Total Equity 206,958 15,565
Profitability
Net Income 23,466 1,683
Return on Average Assets 1.465 1.08
Return on Average Equity 11.64 9.905
Net Interest Margin 4.011 3.845
Efficiency Ratio 67.95 68.21
Noninterest Income/Revenue 22.216 13.68
Balance Sheet Ratios
Loan-to-Deposit 67.877 75.205
Securities/Assets .318 .174
Total Equity/Total Assets .12 .105
Tangible Equity/Tangible Assets .074 .103
Capital Adequacy
Tier 1 Common Capital 143,701 15,225
Tier 1 Capital 143,701 15,232
Tier 2 Capital 12,455 1,135
Total Capital 156,156 16,386
Total Risk Weighted Assets 1,197,392 105,251
Leverage Ratio 8.82 10.475
Common Equity Tier 1 Capital Ratio 12 15.3
Tier 1 Capital Ratio 12 15.308
Total Capital Ratio 13.04 16.398

Timeline for Frandsen Bank & Trust

Provincial Bank

Acquisition: Frandsen Bank & Trust acquired a new subsidiary, Provincial Bank, 7 years

View Profile Oct 22 2016

Clinton State Bank

Acquisition: Frandsen Bank & Trust acquired a new subsidiary, Clinton State Bank, 10 years

View Profile Oct 19 2013

State Bank Of Bird Island

Acquisition: Frandsen Bank & Trust acquired a new subsidiary, State Bank Of Bird Island, 12 years

View Profile Mar 17 2012

Queen City Federal Savings Bank

Acquisition: Frandsen Bank & Trust acquired a new subsidiary, Queen City Federal Savings Bank, 12 years

View Profile Aug 20 2011

Rural American Bank - Luck

Acquisition: Frandsen Bank & Trust acquired a new subsidiary, Rural American Bank - Luck, 13 years

View Profile Mar 19 2011

Want to see more?

Complete timeline for Frandsen Bank & Trust is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Provincial Bank Seller 89,015 Pooling of Interests Discontinued 10/22/2016
Clinton State Bank Seller 67,843 Pooling of Interests Discontinued 10/19/2013
State Bank Of Bird Island Seller 44,806 Pooling of Interests Discontinued 3/17/2012
Queen City Federal Savings Bank Seller 242,460 Pooling of Interests Discontinued 8/20/2011
Rural American Bank - Luck Seller 55,269 Pooling of Interests Discontinued 3/19/2011
Rural American Bank - Braham Seller 108,994 Pooling of Interests Discontinued 3/19/2011
Valley Bank Seller 249,084 Pooling of Interests Discontinued 5/15/2010
Community Bank Of The Red River Valley Seller 282,114 Pooling of Interests Discontinued 10/17/2009
Northern National Bank Seller 106,102 Pooling of Interests Discontinued 10/17/2009
First National Bank Of Montgomery Seller 65,740 Pooling of Interests Discontinued 8/16/2008
Rural American Bank - Foley Seller 72,832 Pooling of Interests Discontinued 3/4/2006
Valley Bank Dundas Seller 27,465 Pooling of Interests Discontinued 4/1/2005
Rural American Bank-Montgomery/Lonsdale Seller 73,075 Pooling of Interests Discontinued 11/1/2004
Relationships Role Relationship Start Relationship End
Frandsen Financial Corporation Parent 7/31/1998
Taylor Bancshares, Inc. Parent 8/13/1992 7/30/1998
Sbm Company Parent 12/31/1970 8/12/1992
Similar Organizations
Organization City State Total Assets
Equity Bank
 		Andover KS 1.6B
Weststar Bank
 		El Paso TX 1.5B
Central Bank Of The Midwest
 		Lees Summit MO 1.7B
Southern Bank
 		Poplar Bluff MO 1.5B
First Farmers Bank And Trust Company
 		Converse IN 1.5B
Marquette Bank
 		Chicago IL 1.5B
Isabella Bank
 		Mount Pleasant MI 1.7B
The First Bank And Trust Company
 		Lebanon VA 1.6B
First Premier Bank
 		Sioux Falls SD 1.5B
Lafayette Ambassador Bank
 		Bethlehem PA 1.5B