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Menno State Bank, Financial Information

AboutMenno State Bank

 Address:
105 South Fifth Street
Menno,SD
Hutchinson County,South Dakota
 Established:
Jan 1901
 Number of domestic offices:
1
Agriculture bank
Total assets$39M
Net income$0M
Net income,quarterly$0M
Total deposits$35M
Domestic deposits$35M
Equity capital$3M
ROA0.49%
ROAQ,quarterly0.11%
ROA,pretax0.11%
ROAQ,quarterly,pretax-0.11%
ROE4.94%
ROEQ,quarterly1.15%
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.

Menno State bank was started back in 1901. When J.W. Ulmer started a clothing store he also had a vault. Since he had a vault, he held money for many local residents. For 112 years the bank has remained in the family. The fifth generation is still working and operating the business.

The bank currently employs 8 local residents. Patrons currently have the ability to use checking and savings accounts, debit and credit cards, take out a loan, and even put money into an IRA. With 112 years of business the Menno community is proud to support Menno State Bank.

Address: PO Box 345
Menno, South Dakota 57045
Phone: 387-5111
Fax: 387-2315

Historical Data