Vantage Bank, Financial Information

AboutVantage Bank

 Address:
202 Main St
Kent,MN
Wilkin County,Minnesota
 Established:
Jul 1902
 Number of domestic offices:
2
Total assets$42M
Net income$1M
Net income,quarterly$0M
Total deposits$37M
Domestic deposits$37M
Equity capital$4M
ROA2.39%
ROAQ,quarterly2.16%
ROA,pretax2.16%
ROAQ,quarterly,pretax2.16%
ROE27.0%
ROEQ,quarterly24.18%
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.

Vantage Bank was founded on the commitment to its customers to provide a unique and personal banking experience. The bank strives to anticipate and adjust to its customers' banking needs with a goal of exceeding its customers' expectations.

Vantage Bank's Board of Directors believes that independent, community based banks best serve their customers, communities and shareholders. Vantage Bank is a full-service bank with a focus on customer service. Vantage Bank can provide its customer with a financial partner for life.

Vantage Bank offers Checking Accounts, Savings Accounts, Money Market Accounts, Certificates of Deposit, Debit Cards, Internet Banking and Loans.