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Altura State Bank, Financial Information

About Altura State Bank

 Address:
411 Main Street, N.W.
Altura, MN
Winona County, Minnesota
 Established:
Dec 1910
 Number of domestic offices:
1
Agriculture bank
Total assets$48M
Net income$1M
Net income, quarterly$0M
Total deposits$41M
Domestic deposits$41M
Equity capital$7M
ROA1.97%
ROAQ, quarterly1.76%
ROA, pretax1.76%
ROAQ, quarterly, pretax1.76%
ROE13.32%
ROEQ, quarterly11.87%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Altura State Bank has been serving the local community since 1910 with a full array of banking services. The Altura State Bank opened its doors December 10, 1910 with 61 people investing. Albert Kramer was hired as the first cashier.

It is the intention of the Directors, Officers, and Employees of Altura State Bank to continue to serve everyone as a locally owned and operated independent bank for many years to come.

Altura State Bank offers checking, savings, and certificate of deposit accounts to meet all of your personal or commercial banking needs. All accounts include free 24-hour access to telephone and internet banking products. Altura State Bank’s loan department is committed to providing excellent customer service on personal loans.

Altura State Bank
411 Main St NW
Altura, MN 55910

Telephone: 507-796-6761
Toll Free: 888-796-6761
Phone Bank: 507-796-5555
Toll Free Phone Bank: 877-515-2694
Fax: 507-796-6131

Historical Data