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Pine Island Bank, Financial Information

AboutPine Island Bank

 Address:
128 South Main Street
Pine Island,MN
Goodhue County,Minnesota
 Established:
Jul 1931
 Number of domestic offices:
1
Total assets$119M
Net income$2M
Net income,quarterly$1M
Total deposits$99M
Domestic deposits$99M
Equity capital$13M
ROA2.09%
ROAQ,quarterly2.15%
ROA,pretax2.15%
ROAQ,quarterly,pretax2.15%
ROE19.69%
ROEQ,quarterly20.14%
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.

Pine Island Bank is a commercial bank, state charter and Fed nonmember, supervised by the FDIC. The bank was established in 1931. Pine Island Bank offers Personal Checking and Savings, CD's and IRA's, Loans. Whether the loan is Personal, Auto, or Recreational, Pine Island Bank offers you: Competitive Rates and Terms, Preapproval Process, Fast, Personal Service, Convenient Payment Options. The bank also offers Business Loans, Agriculture Loans.

Pine Island Bank
128 South Main Street
P.O. Box 68
Pine Island, MN 55963
Phone: (507) 356-8328
Fax: (507) 356-4353

Historical Data