Vitals
  • Total Assets
    35.1M 5.3 %
  • Total Deposits
    30.6M 10.4 %
  • Total Net Loans
    25.6M 3.6 %
  • Net Income
    343000.0000 29.4 %
  • Book Value
    3.2M 2.4 %
  • Book Value x2
    6.4M 2.4 %
  • Book Value x3
    9.6M 2.4 %
ROAA

1.897

ROAE

21.505

Efficiency Ratio

51.314

Net Interest Margin

5.131

Balance Sheet Highlights
Financial Highlights Rural American Bank - Ada All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 35,066 84,926
Total Net Loans 25,603 62,111
Total Deposits 30,644 70,317
Total Equity 3,188 8,324
Profitability
Net Income 343 1,271
Return on Average Assets 1.897 1.779
Return on Average Equity 21.505 16.08
Net Interest Margin 5.131 4.5
Efficiency Ratio 51.314 62.651
Noninterest Income/Revenue 7.964 10.583
Balance Sheet Ratios
Loan-to-Deposit 83.55 84.453
Securities/Assets .175 .259
Total Equity/Total Assets .091 .098
Tangible Equity/Tangible Assets .085 -.008
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 2,935 7,993
Tier 2 Capital 330 727
Total Capital 3,265 8,711
Total Risk Weighted Assets 27,745 65,858
Leverage Ratio 8.27 9.778
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.58 13.057
Total Capital Ratio 11.77 14.155

Timeline for Rural American Bank - Ada

Community Bank Of The Red River Valley

Rural American Bank - Ada was acquired by Community Bank Of The Red River Valley 18 years

View Profile Jul 01 2005

Frandsen Technology Center

Frandsen Technology Center became a new subsidiary organization for Rural American Bank - Ada.

View Profile Jan 29 1993

Frandsen Financial Corporation

Frandsen Financial Corporation became a new parent organization for Rural American Bank - Ada.

View Profile Jan 08 1993

Rural American Bank - Ada

Rural American Bank - Ada was established 143 years ago and is currently headquartered in Ada, MN.

Mar 01 1881
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Community Bank Of The Red River Valley Buyer 282,114 Pooling of Interests Discontinued 7/1/2005
Relationships Role Relationship Start Relationship End
Frandsen Financial Corporation Parent 1/8/1993 6/30/2005
Frandsen Technology Center Subsidary 1/29/1993 2/12/1997
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