Kensington Bank, Financial Information

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.

As of April 1, 2012 the merger of the First State Bank of Kensington and State Bank of Cokato was complete. The combined banks are now known as Kensington Bank.

State Bank of Cokato was founded in 1892 in Cokato, MN. The bank is situated at the corner of Broadway and Third Street in Cokato, population 2694, a manufacturing and farming community in Wright County, 40 miles West of the Twin Cities. The Bank of Kensington, as it was known at its inception, was founded in 1898. Kensington is located in the Southwest corner of Douglas County and has a population of 292. A primarily agricultural area, Kensington is proud to maintain a busy main street and the South Elementary School of the West Central School District.

Kensington
11 North Central Ave
Kensington, MN 56343
Phone: 320-965-2419
Toll free: 866-965-2419
Fax: 320-965-2299

Cokato
101 Third Street SE
Cokato, MN 55321
Phone: 320-286-2146
Toll free: 800-550-2146
Fax: 320-286-6207

Herman Loan Production Office
502 North Atlantic Avenue
Herman, MN 56248
Phone: 320-677-3010