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State Bank of Clarks Grove, Financial Information

About State Bank of Clarks Grove

 Address:
2401 Bridge Avenue
Albert Lea, MN
Freeborn County, Minnesota
 Established:
Aug 1903
 Number of domestic offices:
1
Total assets$26M
Net income$0M
Net income, quarterly$0M
Total deposits$23M
Domestic deposits$23M
Equity capital$3M
ROA0.07%
ROAQ, quarterly-0.77%
ROA, pretax-0.77%
ROAQ, quarterly, pretax-0.77%
ROE0.65%
ROEQ, quarterly-7.14%
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.

For over 107 years the State Bank of Clarks Grove has been serving their communities and providing customers with service like no other bank. State Bank of Clarks Grove is a locally owned and operated family bank with a convenient location.

2401 Bridge Avenue
Albert Lea, MN
Phone: (507) 373-8600
Fax: (507)-373-8686

8:00-4:30 Monday-Thursday
8:00-5:00 Friday
9:00-Noon Saturday
(Drive Thru Only)

Historical Data