Vitals
  • Total Assets
    57.0M -4.7 %
  • Total Deposits
    47.4M -3.2 %
  • Total Net Loans
    34.3M -2.0 %
  • Net Income
    532000.0000 -19.5 %
  • Book Value
    8.2M -5.9 %
  • Book Value x2
    16.4M -5.9 %
  • Book Value x3
    24.6M -5.9 %
ROAA

1.832

ROAE

12.534

Efficiency Ratio

56.914

Net Interest Margin

4.502

Balance Sheet Highlights
Financial Highlights Rural American Bank - Hector/Fairfax All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 56,963 93,009
Total Net Loans 34,347 68,806
Total Deposits 47,356 77,190
Total Equity 8,193 9,038
Profitability
Net Income 532 1,294
Return on Average Assets 1.832 1.516
Return on Average Equity 12.534 15.212
Net Interest Margin 4.502 4.489
Efficiency Ratio 56.914 63.582
Noninterest Income/Revenue 8.935 9.046
Balance Sheet Ratios
Loan-to-Deposit 72.529 85.892
Securities/Assets .232 .253
Total Equity/Total Assets .144 .097
Tangible Equity/Tangible Assets .078 .03
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 4,623 8,904
Tier 2 Capital 397 820
Total Capital 5,020 9,714
Total Risk Weighted Assets 40,913 73,596
Leverage Ratio 8.69 10.075
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 11.3 13.133
Total Capital Ratio 12.27 14.236

Timeline for Rural American Bank - Hector/Fairfax

Valley Bank

Rural American Bank - Hector/Fairfax was acquired by Valley Bank 17 years

View Profile Sep 11 2006

Fidelity State Bank Of Fairfax

Acquisition: Rural American Bank - Hector/Fairfax acquired a new subsidiary, Fidelity State Bank Of Fairfax, 23 years

View Profile Jul 01 2000

Frandsen Financial Corporation

Frandsen Financial Corporation became a new parent organization for Rural American Bank - Hector/Fairfax.

View Profile Jul 31 1998

Taylor Bancshares, Inc.

Taylor Bancshares, Inc. became a new parent organization for Rural American Bank - Hector/Fairfax.

View Profile Jul 01 1988

Hutchinson Bancorp, Inc.

Hutchinson Bancorp, Inc. became a new parent organization for Rural American Bank - Hector/Fairfax.

View Profile Apr 02 1986

Want to see more?

Complete timeline for Rural American Bank - Hector/Fairfax is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Valley Bank Buyer 249,084 Pooling of Interests Discontinued 9/11/2006
Fidelity State Bank Of Fairfax Seller 26,088 Pooling of Interests Discontinued 7/1/2000
Relationships Role Relationship Start Relationship End
Frandsen Financial Corporation Parent 9/3/1999 9/10/2006
Frandsen Financial Corporation Parent 7/31/1998 9/2/1999
Taylor Bancshares, Inc. Parent 12/30/1991 7/30/1998
Taylor Bancshares, Inc. Parent 7/1/1988 12/29/1991
Hutchinson Bancorp, Inc. Parent 4/2/1986 6/30/1988
Hector Securities And Investment Co. Parent 12/31/1983 4/1/1986
Hector Securities And Investment Co. Parent 12/31/1982 12/30/1983
Hector Securities And Investment Co. Parent 12/31/1980 12/30/1982
Hector Securities And Investment Co. Parent 12/31/1979 12/30/1980
Hector Securities And Investment Co. Parent 12/31/1976 12/30/1979
Hector Securities And Investment Co. Parent 12/31/1974 12/30/1976
Hector Securities And Investment Co. Parent 12/31/1973 12/30/1974
Hector Securities And Investment Co. Parent 12/31/1970 12/30/1973
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