Balance Sheet Highlights
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Pine Bankshares, Inc. Seller Discontinued 12/27/2006
Frandsen Technology Center Seller Discontinued 1/1/2005
Document Processing & Imaging Corporation Seller Discontinued 10/3/2003
Community National Corporation Seller Discontinued 4/4/2002
Oslo Bancorporation, Inc. Seller Discontinued 3/2/2001
Taylor Bancshares, Inc. Seller Discontinued 7/31/1998
Minnesota Banc Holding Company Seller Discontinued 5/6/1995
Warren Bancshares, Inc. Seller Discontinued 5/13/1994
Gilmanton Co., The Seller Discontinued 1/9/1993
Nimrod Enterprises, Inc. Seller Discontinued 1/9/1993
Relationships Role Relationship Start Relationship End
Frandsen Bank & Trust Subsidary 7/31/1998
Frandsen Capital I Subsidary 6/30/2007
Tower Statutory Trust I Subsidary 5/23/2008
Anderson Financial Group Capital Trust I Subsidary 5/23/2008
Provincial Bank Subsidary 3/31/2016 10/21/2016
Clinton State Bank Subsidary 10/19/2012 10/18/2013
State Bank Of Bird Island Subsidary 12/15/2010 3/16/2012
Queen City Federal Savings Bank Subsidary 7/21/2011 8/19/2011
Queen City Federal Savings Bank Subsidary 6/30/2007 7/20/2011
Rural American Bank - Braham Subsidary 11/15/1988 3/18/2011
Rural American Bank - Luck Subsidary 12/16/1983 3/18/2011
Valley Bank Subsidary 7/31/1998 5/14/2010
Community Bank Of The Red River Valley Subsidary 1/8/1993 10/16/2009
Northern National Bank Subsidary 5/22/2008 10/16/2009
Valley Bank Minnesota Subsidary 7/31/1998 7/24/2009
State Bank Of Tower Subsidary 5/23/2008 3/20/2009
First National Bank Of Montgomery Subsidary 4/3/2008 8/15/2008
The First National Bank Of Pine City Subsidary 12/27/2006 11/2/2007
Queen City Federal Savings Bank Subsidary 10/13/2005 6/29/2007
Frandsen Capital I Subsidary 7/31/1998 6/29/2007
Citizens State Bank Of Waterville Subsidary 5/6/1995 9/10/2006
Rural American Bank - Hector/Fairfax Subsidary 9/3/1999 9/10/2006
Rural American Bank - Foley Subsidary 1/9/1993 3/3/2006
Rural American Bank - Ada Subsidary 1/8/1993 6/30/2005
Valley Bank Dundas Subsidary 11/9/2001 3/31/2005
Frandsen Technology Center Subsidary 2/13/1997 12/31/2004
Rural American Bank-Montgomery/Lonsdale Subsidary 1/2/1997 10/31/2004
Document Processing & Imaging Corporation Subsidary 4/4/2002 10/2/2003
Community National Bank Of Grand Forks Subsidary 4/4/2002 8/28/2003
Valley State Bank Of Oslo Subsidary 3/2/2001 6/30/2001
Fidelity State Bank Of Fairfax Subsidary 10/14/1999 6/30/2000
Fidelity State Bank Of Fairfax Subsidary 7/31/1998 10/13/1999
Woodlands National Bank Subsidary 12/1/1987 9/30/1999
Rural American Bank - Hector/Fairfax Subsidary 7/31/1998 9/2/1999
Farmers Bank Subsidary 7/31/1998 1/15/1999
Citizens State Bank Of Montgomery Subsidary 5/6/1995 12/31/1998
Peoples State Bank Of Warren Subsidary 5/13/1994 6/30/1996
Sturgeon Lake State Bank Subsidary 1/5/1995 3/31/1995
Rural American Bank Of Greenwald Subsidary 10/5/1987 10/31/1993
First State Bank Of Gilman, Incorporated Subsidary 1/9/1993 6/30/1993
Rural American Bank - Isle Subsidary 11/15/1988 1/24/1992
Financial Highlights Frandsen Financial Corporation
Total Assets 210