Kindred State 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.

Established in 1898, the Kindred State Bank has served Kindred and the surrounding community for over 100 years. It is locally owned, state chartered, full service institution.

Kindred State Bank has grown and developed in new directions, just as Kindred has. The rise of electronic banking and the need to provide new services motivated a large expansion and remodeling project during 2001 and 2002.

Now the bank has offices for the Kindred State Bank Agency, for each loan officer, for a securities sales agent, and for an attorney. Customers enjoy conveniences such as the new drive through window and debit cards.

The Kindred State Bank has been and continues to be a stable presence in the Kindred area. Descendents of two early owners, John Ottis Senior, and Max Strehlow, are still directors and stockholders, whose intention is to continue the long tradition of serving the Kindred Community.

Kindred State Bank
411 Elm Street
PO Box 128
Kindred, ND 58051
Telephone (701) 428-3121
Fax (701) 428-3739
Mon. – Friday 8:00am - 4:30pm
Wednesday Open until 6:00pm

KSB Insurance Agency
411 Elm Street
PO Box 128
Kindred, ND 58051
Telephone (701) 428-9110
Fax (701) 428-3739