Harvest Bank
FDIC #11415
📍 Kimball, Minnesota
Harvest Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 08/08/1901. With assets of $223.87 Million, it operates 4 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: April 1, 2020
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
April 1, 2020
Satisfactory
May 1, 2014
Satisfactory
April 1, 2009
Satisfactory
💰 Financial Strength
Total Assets$223.87 Million
Total Deposits$203.99 Million
Equity Capital$12.36 Million
Net Income$1.37 Million
📈 Performance
ROA0.83%
ROE15.44%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established08/08/1901
FDIC Cert11415
Holding CoCattail Bancshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 4:00 PM
Tuesday8:30 AM - 4:00 PM
Wednesday8:30 AM - 4:00 PM
Thursday8:30 AM - 4:00 PM
Friday8:30 AM - 6:00 PM
Saturday8:30 AM - 12:00 PM
SundayClosed
📜 Institutional History
2013
Merger / Acquisition
Acquired: Atwater State Bank
2013
Name Change
Name became: Changed Institution Name To Harvest Bank.
2013
Relocation
Moved HQ to: 75 North Main Street, Kimball, MN 55353.
1991
Relocation
Moved HQ to: Main Street, Kimball, MN 55353.