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First State Bank of Clearbrook, Financial Information

AboutFirst State Bank of Clearbrook

 Address:
123 Main Street South
Clearbrook,MN
Clearwater County,Minnesota
 Established:
Jan 1910
 Number of domestic offices:
1
Agriculture bank
Total assets$40M
Net income$0M
Net income,quarterly$0M
Total deposits$35M
Domestic deposits$35M
Equity capital$4M
ROA1.16%
ROAQ,quarterly0.8%
ROA,pretax0.8%
ROAQ,quarterly,pretax0.8%
ROE11.11%
ROEQ,quarterly7.93%
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.

First State Bank of Clearbrook was originally chartered in 1910 and opened for business Sept. 2nd 1910. The building was located on Main Street Clearbrook, and started out with a total capital structure of about $10,000.00.

First State Bank built a new facility and moved to its present location in March 1993, which is located at 123 Main Street South in Clearbrook. First State Bank of Clearbrook is a locally owned independent bank.

First State Bank offers the great convenience of a debit card on all banks checking accounts. Debit card has an annual fee. You can use this card for purchases online, at most retail businesses, at an ATM for cash, or anywhere you would otherwise write a paper check. First State Bank offers both a Travel Card and a Gift Card, both are a safe and secure card you can use while traveling or to give a gift.

First State Bank of Clearbrook provides the following types of loans: Personal Loans, Auto Loans, Business Loans, Real Estate Loans, Commercial Loans, Home Improvement Loans, Agricultural Loans, Home Equity Line of Credit, Farm & Commercial Line of Credit, Ready Reserve.

First State Bank of Clearbrook
PO Box 27
123 Main Street South
Clearbrook MN 56634
Phone: 218-776-3151
Fax: 218-776-3431

Historical Data