Vitals
  • Total Assets
    72.8M 4.1 %
  • Total Deposits
    65.4M 3.7 %
  • Total Net Loans
    56.1M 11.7 %
  • Net Income
    1.8M 67.8 %
  • Book Value
    7.1M 8.7 %
  • Book Value x2
    14.2M 8.7 %
  • Book Value x3
    21.3M 8.7 %
ROAA

2.496

ROAE

27.475

Efficiency Ratio

47.584

Net Interest Margin

5.256

Balance Sheet Highlights
Financial Highlights Rural American Bank - Foley All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 72,832 89,436
Total Net Loans 56,120 64,109
Total Deposits 65,442 74,724
Total Equity 7,093 8,767
Profitability
Net Income 1,782 2,511
Return on Average Assets 2.496 1.523
Return on Average Equity 27.475 15.46
Net Interest Margin 5.256 4.535
Efficiency Ratio 47.584 63.714
Noninterest Income/Revenue 9.343 10.259
Balance Sheet Ratios
Loan-to-Deposit 85.755 82.459
Securities/Assets .14 .312
Total Equity/Total Assets .097 .098
Tangible Equity/Tangible Assets .095 .02
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 6,962 8,530
Tier 2 Capital 579 762
Total Capital 7,541 9,283
Total Risk Weighted Assets 58,499 69,056
Leverage Ratio 9.48 9.949
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 11.9 13.344
Total Capital Ratio 12.89 14.436

Timeline for Rural American Bank - Foley

Frandsen Bank & Trust

Rural American Bank - Foley was acquired by Frandsen Bank & Trust 18 years

View Profile Mar 04 2006

First State Bank Of Gilman, Incorporated

Acquisition: Rural American Bank - Foley acquired a new subsidiary, First State Bank Of Gilman, Incorporated, 30 years

View Profile Jul 01 1993

Rural American Financial Services Of Foley, Inc.

Rural American Financial Services Of Foley, Inc. became a new subsidiary organization for Rural American Bank - Foley.

View Profile Jan 29 1993

Frandsen Financial Corporation

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

View Profile Jan 09 1993

Nimrod Enterprises, Inc.

Nimrod Enterprises, Inc. became a new parent organization for Rural American Bank - Foley.

View Profile Jan 30 1981

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Complete timeline for Rural American Bank - Foley is available.

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Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Frandsen Bank & Trust Buyer 1,586,077 Pooling of Interests Discontinued 3/4/2006
First State Bank Of Gilman, Incorporated Seller 16,834 Discontinued 7/1/1993
Relationships Role Relationship Start Relationship End
Frandsen Financial Corporation Parent 1/9/1993 3/3/2006
Nimrod Enterprises, Inc. Parent 12/31/1989 1/8/1993
Nimrod Enterprises, Inc. Parent 12/31/1984 12/30/1989
Nimrod Enterprises, Inc. Parent 1/30/1981 12/30/1984
Rural American Financial Services Of Foley, Inc. Subsidary 1/29/1993 6/6/1997
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