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Roundbank, Financial Information

About Roundbank

 Address:
200 Northeast 2nd Street
Waseca, MN
Waseca County, Minnesota
 Established:
Nov 1881
 Number of domestic offices:
4
Total assets$385M
Net income$9M
Net income, quarterly$3M
Total deposits$303M
Domestic deposits$303M
Equity capital$45M
ROA2.4%
ROAQ, quarterly3.19%
ROA, pretax3.19%
ROAQ, quarterly, pretax3.19%
ROE20.75%
ROEQ, quarterly27.4%
UpdatedMay 20, 2021

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.

For more than 130 years the Roundbank organization has been serving the Waseca community, focusing on the needs of its customers and our commitment to service.

Roundbank extended this commitment to the Waldorf community in 1992 by acquiring the Waldorf State Bank and to the Farmington community in 1997 by opening a downtown office, which bank expanded in 2006 by constructing a full-service banking office, and to the New Prague community in July 2010 with the acquisition of Community Security Bank.

In 2006, Roundbank Insurance Agency buys the Krienke Agency. In 2010 Roundbank, acquired Community Security Bank in New Prague

Historical Data