The First National Bank of Milaca, The First National Bank Of Milaca

Location
Minnesota, Mille Lacs County, Milaca
190 Second Avenue S.W. 56353, MN
Phone 320-983-3101

Banks near The First National Bank of Milaca, The First National Bank Of Milaca

Bremer Bank
0.1 mi.
Bremer Bank, Milaca Branch
Minnesota, Mille Lacs County, Milaca
190 South Central Avenue, MN, 56353
Peoples Bank of Commerce
13.0 mi.
Peoples Bank of Commerce, Princeton Branch
Minnesota, Mille Lacs County, Princeton
209 South Rum River Drive, MN, 55371
Sherburne State Bank
13.2 mi.
Sherburne State Bank, Princeton Branch
Minnesota, Mille Lacs County, Princeton
136 N Rum River Dr., MN, 55371
Bremer Bank
13.3 mi.
Bremer Bank, Princeton Branch
Minnesota, Mille Lacs County, Princeton
202 South Rum River Dr, MN, 55371
U.S. Bank
13.3 mi.
U.S. Bank, Princeton Branch
Minnesota, Mille Lacs County, Princeton
210 South Rum River Drive, MN, 55371
Frandsen Bank & Trust
13.9 mi.
Frandsen Bank & Trust, Foley Branch
Minnesota, Benton County, Foley
341 Fourth Avenue, MN, 56329
Frandsen Bank & Trust
13.9 mi.
Frandsen Bank & Trust, Foley Drive-Thu Branch
Minnesota, Benton County, Foley
341 Fourth Avenue, MN, 56329
Falcon National Bank
14.4 mi.
Falcon National Bank
Minnesota, Benton County, Foley
183 Cedar Drive, MN, 56329

The First National Bank of Milaca

EstablishedAug 1897
Number of domestic offices3
Websitehttp://www.fnbmilaca.com

About The First National Bank of Milaca

First National Bank of Milaca is a $170-million-asset community bank serving the areas of Milaca, Isle and Gilman. Around us are some of the fastest growing counties in Minnesota. Milaca is located in Mille Lacs County, 60 miles north of the Twin Cities of Minneapolis and St. Paul. Gilman is located in Benton County, about 15 miles west of Milaca. Isle is located on the south shores of Lake Mille Lacs, a well-known walleye fishing destination in central Minnesota.

First National Bank of Milaca has been serving customers since 1897. In today's widespread environment of bank mergers and less personalized banking, First National Bank of Milaca provides personalized service in a friendly, confidential atmosphere. With over 40 professional staff First National Bank of Milaca strives to provide excellent one-on-one service for the customer desiring personal banking and financial services.

Mailing Address
P.O. Box 38
Milaca, MN 56353

Street Address
190 - 2nd Ave SW
Milaca, MN 56353

Phone: 320-983-3101
Fax: 320-983-2579

Financial information

Total assets$203M
Net income$2M
Net income, quarterly$1M
Total deposits$178M
Domestic deposits$178M
Equity capital$24M
ROA1.73%
ROAQ, quarterly1.78%
ROA, pretax1.78%
ROAQ, quarterly, pretax1.78%
ROE15.12%
ROEQ, quarterly15.49%
UpdatedNov 16, 2017

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.