Minnesota – Wright – Saint Michael
(NM) Commercial bank, state charter and Fed nonmember
active
www.highlandbanks.com
Minnesota
Wright
Saint Michael
(NM) Commercial bank, state charter and Fed nonmember
active
16111
1943
FDIC Certificate Number: 16111
FDIC's unique number: 10328
The FDIC Field Office where an institution is physically located: Minneapolis
Federal Reserve ID Number: 764058
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 6
Number of Foreign Offices: 0
The date of the last data update: 2008-08-18
1943-12-28 Institution established. Original name: Security State Bank Of St. Michael.
1990-01-01 Changed name to Security Bank Northwest .
1995-10-02 Acquired The Highland Bank in St. Paul, Minnesota.
1995-10-02 Changed name to Highland Bank .
2001-07-06 Moved bank headquarters from St. Michael, Minnesota to Saint Michael, Minnesota.
2008-08-09 Acquired Ridgedale State Bank in Minnetonka, Minnesota.
Total assets: $461,376,000
Total deposits: $343,927,000
Deposits held in domestic offices: $343,927,000
Equity capital: $34,416,000
Net income: $1,674,000
Return on Assets: 0.72
Return on Equity: 10.13
Last updated on: 2011-10-20
Bank Holding Company: Highland Bancshares, Inc.
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Profile ID: LFUS-BAB-P-9021