CenBank, Financial Information

AboutCenBank

 Address:
109 West Yellowstone Trail
Buffalo Lake,MN
Renville County,Minnesota
 Established:
Jan 1893
 Number of domestic offices:
3
Agriculture bank
Total assets$77M
Net income$1M
Net income,quarterly$0M
Total deposits$70M
Domestic deposits$70M
Equity capital$5M
ROA0.76%
ROAQ,quarterly-0.61%
ROA,pretax-0.61%
ROAQ,quarterly,pretax-0.61%
ROE9.96%
ROEQ,quarterly-8.11%
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.

The Bank of Buffalo Lake opened for business in 1893 at the corner of Main & Yellowstone Trail in Buffalo Lake. Tri-County State Bank in Ortonville first opened for business in 1955 and was located in Ortonville's Mainstreet where the Krueger License Bureau building is now located.

In September 1994, the State Bank of Buffalo Lake merged with Tri-County State Bank to become CenBank. CenBank is a family owned bank and enjoys serving communities. CenBank offers a full range of banking services, and products including internet and telephone banking.

CenBank, Buffalo Lake, MN
109 West Yellowstone Trail
P.O. Box 188
Buffalo Lake, MN 55314-0188 US

Phone: 320-833-5325
Fax: 320-833-2047
Toll Free: 800-610-6712

CenBank, Ortonville, MN
113 NW 1st Street
Ortonville, MN 56278-0306 US

Phone: 320-839-6123
Fax: 320-839-6127
Toll Free: 800-335-8920