Vitals
  • Total Assets
    125.0M 1.7 %
  • Total Deposits
    106.1M 1.8 %
  • Total Net Loans
    69.9M 4.2 %
  • Net Income
    2.0M 10.3 %
  • Book Value
    14.6M -0.3 %
  • Book Value x2
    29.1M -0.3 %
  • Book Value x3
    43.7M -0.3 %
ROAA

1.655

ROAE

13.395

Efficiency Ratio

56.37

Net Interest Margin

4.405

Balance Sheet Highlights
Financial Highlights Wadena State Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 125,005 147,703
Total Net Loans 69,890 97,223
Total Deposits 106,085 126,600
Total Equity 14,569 15,565
Profitability
Net Income 2,019 1,683
Return on Average Assets 1.655 1.08
Return on Average Equity 13.395 9.905
Net Interest Margin 4.405 3.845
Efficiency Ratio 56.37 68.21
Noninterest Income/Revenue 8.013 13.68
Balance Sheet Ratios
Loan-to-Deposit 65.881 75.205
Securities/Assets .246 .174
Total Equity/Total Assets .117 .105
Tangible Equity/Tangible Assets .117 .103
Capital Adequacy
Tier 1 Common Capital 14,413 15,225
Tier 1 Capital 14,413 15,232
Tier 2 Capital 696 1,135
Total Capital 15,109 16,386
Total Risk Weighted Assets 76,554 105,251
Leverage Ratio 11.82 10.475
Common Equity Tier 1 Capital Ratio 18.83 15.3
Tier 1 Capital Ratio 18.83 15.308
Total Capital Ratio 19.74 16.398

Timeline for Wadena State Bank

Security State Bank Of Deer Creek

Acquisition: Wadena State Bank acquired a new subsidiary, Security State Bank Of Deer Creek, 21 years

View Profile Nov 16 2002

Wadena Bankshares, Inc.

Wadena Bankshares, Inc. became a new parent organization for Wadena State Bank.

View Profile Mar 04 1974

Wadena State Bank

Wadena State Bank was established 107 years ago and is currently headquartered in Wadena, MN.

Jan 01 1917
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Security State Bank Of Deer Creek Seller 14,649 Pooling of Interests Discontinued 11/16/2002
Relationships Role Relationship Start Relationship End
Wadena Bankshares, Inc. Parent 12/6/1996
Wadena Bankshares, Inc. Parent 12/30/1993 12/5/1996
Wadena Bankshares, Inc. Parent 8/9/1993 12/29/1993
Wadena Bankshares, Inc. Parent 12/31/1989 8/8/1993
Wadena Bankshares, Inc. Parent 3/4/1974 12/30/1989
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