Vitals
  • Total Assets
    115.6M 21.3 %
  • Total Deposits
    94.4M 10.6 %
  • Total Net Loans
    86.4M 10.9 %
  • Net Income
  • Book Value
    20.2M 168.3 %
  • Book Value x2
    40.5M 168.3 %
  • Book Value x3
    60.7M 168.3 %
ROAA

ROAE

Efficiency Ratio

135.954

Net Interest Margin

3.451

Balance Sheet Highlights
Financial Highlights Ridgedale State Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 115,632 107,461
Total Net Loans 86,434 77,904
Total Deposits 94,363 86,737
Total Equity 20,241 10,727
Profitability
Net Income — 1,041
Return on Average Assets — 1.248
Return on Average Equity — 12
Net Interest Margin 3.451 4.092
Efficiency Ratio 135.954 68.994
Noninterest Income/Revenue 7.481 9.493
Balance Sheet Ratios
Loan-to-Deposit 91.597 86.292
Securities/Assets .056 .231
Total Equity/Total Assets .175 .1
Tangible Equity/Tangible Assets .07 .03
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 8,086 10,195
Tier 2 Capital 1,006 924
Total Capital 9,092 11,125
Total Risk Weighted Assets 80,322 85,089
Leverage Ratio 7.68 10.012
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.07 13.178
Total Capital Ratio 11.32 14.255

Timeline for Ridgedale State Bank

Highland Bank

Ridgedale State Bank was acquired by Highland Bank 15 years

View Profile Aug 09 2008

Highland Bancshares, Inc.

Highland Bancshares, Inc. became a new parent organization for Ridgedale State Bank.

View Profile Mar 25 2008

Ridgedale Financial Services, Inc.

Ridgedale Financial Services, Inc. became a new parent organization for Ridgedale State Bank.

View Profile Jan 08 1986

Ridgedale State Bank

Ridgedale State Bank was established 46 years ago and is currently headquartered in Minnetonka, MN.

May 22 1978
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Highland Bank Buyer 497,772 Pooling of Interests Discontinued 8/9/2008
Relationships Role Relationship Start Relationship End
Highland Bancshares, Inc. Parent 3/25/2008 8/8/2008
Ridgedale Financial Services, Inc. Parent 1/8/1986 3/24/2008
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