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Welcome State Bank, Financial Information

AboutWelcome State Bank

 Address:
111 Guide Street North
Welcome,MN
Martin County,Minnesota
 Established:
Jan 1913
 Number of domestic offices:
1
Agriculture bank
Total assets$35M
Net income$1M
Net income,quarterly$0M
Total deposits$31M
Domestic deposits$31M
Equity capital$4M
ROA1.62%
ROAQ,quarterly0.72%
ROA,pretax0.72%
ROAQ,quarterly,pretax0.72%
ROE15.2%
ROEQ,quarterly6.79%
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.

Welcome State Bank has proudly served the area with innovative banking products since 1913 and is positioned to continue to do so well into the future. Welcome State Bank is an independently owned Community Bank.

Welcome State Bank offers totally free checking, no service charges, no monthly fees, no minimum balances or per item charges. Interest bearing checking account. NOW ACCOUNT. Interest will be paid on all account balances. No service charge when your account maintains a balance of $750 or more per month or an average of $1,400 per month.

Welcome State Bank offers a complete line of loan products: Agricultural Operating, Agricultural Equipment, Agricultural Real Estate, Commercial, Home Improvement, Real Estate, Construction, Automobile, Consumer Loans.

Welcome State Bank
111 Guide Street North
Welcome MN 56181

Historical Data