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The First National Bank in Wadena, Financial Information

AboutThe First National Bank in Wadena

 Address:
25 Bryant Avenue, S.W.
Wadena,MN
Wadena County,Minnesota
 Established:
Jan 1892
 Number of domestic offices:
1
Total assets$55M
Net income$0M
Net income,quarterly$0M
Total deposits$49M
Domestic deposits$49M
Equity capital$6M
ROA0.6%
ROAQ,quarterly1.11%
ROA,pretax1.11%
ROAQ,quarterly,pretax0.74%
ROE6.15%
ROEQ,quarterly10.98%
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.

The First National Bank in Wadena serves Wadena and the surrounding communities since 1892 when the Wadena Exchange Bank was reorganized as the First National Bank in Wadena. As a locally owned, independent community bank, the banks current ownership roots extend back to 1968 when Alan W. Pettit and a partner purchased the bank.

Online Banking from The First National Bank in Wadena are available 24 hours 7 days a week, and 365 days per year.

Historical Data