Triumph State Bank
FDIC #1906
📍 Trimont, Minnesota
Triumph State Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 10/01/1901. With assets of $90.60 Million, it operates 4 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: January 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
January 1, 2020
Satisfactory
March 1, 2014
Satisfactory
February 1, 2009
Satisfactory
💰 Financial Strength
Total Assets$90.60 Million
Total Deposits$80.31 Million
Equity Capital$9.36 Million
Net Income$991,000
📈 Performance
ROA1.40%
ROE14.77%
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
Established10/01/1901
FDIC Cert1906
Holding CoTrimont Bcorp
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 - 4:30 PM
Tuesday8:30 AM - 4:30 PM
Wednesday8:30 AM - 4:30 PM
Thursday8:30 AM - 4:30 PM
Friday8:30 AM - 4:30 PM
Saturday8:30 AM - 12:00 PM
SundayClosed
📜 Institutional History
1989
Merger / Acquisition
Acquired: State Bank Of Butterfield
1989
Relocation
Moved HQ to: 519 East Main, Trimont, MN 56176.