Reliance Bank, Financial Information

AboutReliance Bank

 Address:
2300 30th Street Northwest
Faribault,MN
Rice County,Minnesota
 Established:
Aug 2007
 Number of domestic offices:
1
Total assets$197M
Net income$2M
Net income,quarterly$1M
Total deposits$174M
Domestic deposits$174M
Equity capital$18M
ROA1.11%
ROAQ,quarterly1.46%
ROA,pretax1.46%
ROAQ,quarterly,pretax1.46%
ROE11.55%
ROEQ,quarterly15.64%
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.