Beacon Bank, Financial Information

AboutBeacon Bank

 Address:
19765 Highway 7
Shorewood,MN
Hennepin County,Minnesota
 Established:
Jan 1906
 Number of domestic offices:
6
Total assets$310M
Net income$3M
Net income,quarterly$1M
Total deposits$264M
Domestic deposits$264M
Equity capital$33M
ROA0.82%
ROAQ,quarterly0.9%
ROA,pretax0.9%
ROAQ,quarterly,pretax0.9%
ROE7.84%
ROEQ,quarterly8.54%
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.

Beacon Bank is a community-owned and operated bank in its primary market areas.

Personal banking services require convenience and flexibility to meet the demands of todays world. Beacon offers a full array of products to fit your lifestyle: Online Banking, Checking, Savings, Certificates of Deposit, Individual Retirement Accounts, Loans, Other Services. Beacon offers a full array of products to fit the needs of your organization.

Duluth Downtown Office
401 West Superior Street
Duluth, MN 55802
Ph: (218) 722-0238
Fax: (218) 722-4068

Duluth Miller Hill
1405 Miller Trunk Hwy
Duluth MN 55811
Ph: (218) 279-0060
Fax: (218) 722-0315

Eden Prairie Office
7890 Mitchell Road
Eden Prairie, MN 55344
Ph: (952) 937-2450
Fax: (952) 974-3842

Excelsior Office
409 Second Street
Excelsior MN 55331
Ph: (952) 474-2307
Fax: (952) 474-3044

Shorewood Office
19765 Highway Seven
Shorewood MN 55331
Ph: (952) 474-7309
Fax: (952) 474-0751