Valley Premier Bank, Financial Information

AboutValley Premier Bank

 Address:
416 Sixth Street
Hawley,MN
Clay County,Minnesota
 Established:
Aug 1892
 Number of domestic offices:
2
Total assets$125M
Net income$1M
Net income,quarterly$0M
Total deposits$112M
Domestic deposits$112M
Equity capital$13M
ROA1.02%
ROAQ,quarterly0.53%
ROA,pretax0.53%
ROAQ,quarterly,pretax0.53%
ROE9.84%
ROEQ,quarterly5.13%
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.

State Bank of Hawley was established in 1892. The bank has always been locally owned and operated. The current ownership acquired the bank in 1973. In 1985 the State Bank of Hawley Employee Stock Ownership Plan became a part owner and has increased their ownership since then. In 1994 the bank opened a full-service office in Moorhead.

State Bank of Hawley, including the Moorhead office, is a full-service bank that offers traditional bank products, commercial loans, real estate loans, consumer loans, safe deposit boxes and IRA’s. State Bank of Hawley is proud to have been helping businesses and individuals in its area grow and prosper for over 110 years.

In 1993 the owners of State Bank of Hawley recognized a need in Moorhead for an independent community bank. In January 1994 the bank opened a full-service branch at 14th Street and 30th Avenue South. At this location the bank offers traditional bank products, commercial, real estate and consumer loans, safe deposit boxes and IRA’s.

State Bank of Hawley
416 6th Street
Hawley, MN 56549
Phone: 218-483-3361
FAX: 218-483-3364

State Bank of Hawley
Moorhead Office
3004 S. 14th Street
Moorhead, MN 56560
Phone: 218-233-2544
FAX: 218-233-8710