Community Resource Bank, Financial Information

AboutCommunity Resource Bank

 Address:
1605 Heritage Drive
Northfield,MN
Rice County,Minnesota
 Established:
Sep 1878
 Number of domestic offices:
4
Total assets$348M
Net income$5M
Net income,quarterly$1M
Total deposits$298M
Domestic deposits$298M
Equity capital$43M
ROA1.36%
ROAQ,quarterly1.49%
ROA,pretax1.49%
ROAQ,quarterly,pretax2.06%
ROE10.08%
ROEQ,quarterly11.46%
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.

Community Resource Bank is a locally owned, independent bank, first chartered in Northfield in 1878. Community Resource Bank have offices located in Northfield, Cannon Falls and Roseville, Minnesota.

Community Resource Bank continues to grow steadily and is a source of financial stability for families and businesses in local communities. Despite the down economy, Community Resource Bank continues to support education, community development, human services, the arts and the environment.

Community Resource Bank will not charge an ATM transaction fee when you use an ATM within our MoneyPass network.You can access your credit card account 7 days a week, 24 hours a day, by logging into the cardmember service.