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State Bank of Chandler, Financial Information

AboutState Bank of Chandler

 Address:
342 Main Avenue
Chandler,MN
Murray County,Minnesota
 Established:
Jan 1902
 Number of domestic offices:
1
Agriculture bank
Total assets$52M
Net income$0M
Net income,quarterly$0M
Total deposits$45M
Domestic deposits$45M
Equity capital$6M
ROA0.92%
ROAQ,quarterly0.77%
ROA,pretax0.77%
ROAQ,quarterly,pretax1.04%
ROE7.33%
ROEQ,quarterly6.22%
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.

The State Bank of Chandler is a strong supporter of community organizations, businesses and events in the local area. Local ownership and management allows the bank to provide customers with a full-service, modern banking environment

The first building used was a temporary wooden structure. This building was moved to the Welk farm north of Chandler when the permanent structure was built in 1902. This new building was completed on August 16, 1902 and business began in it on August 25, 1902. At the time the bank building was the only brick building on the main street.

A brand new building was constructed in 1976 on the former sites of the Dysthe store and Huisken Locker. This is the building the bank is still in today.

342 Main Ave. P.O. Box 128 Chandler, MN 56122-0128 507-677-2201

Historical Data