Minnesota – Faribault – Wells
(NM) Commercial bank, state charter and Fed nonmember
active
www.paragonbankmn.com
Minnesota
Faribault
Wells
(NM) Commercial bank, state charter and Fed nonmember
active
9772
1925
FDIC Certificate Number: 9772
FDIC's unique number: 6256
The FDIC Field Office where an institution is physically located: Mankato
Federal Reserve ID Number: 776752
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 2
Number of Foreign Offices: 0
The date of the last data update: 2006-11-03
1925-08-31 Institution established. Original name: Security State Bank Of Wells.
2000-08-01 Changed name to Paragon Bank .
Total assets: $30,897,000
Total deposits: $28,337,000
Deposits held in domestic offices: $28,337,000
Equity capital: $2,499,000
Net income: $72,000
Return on Assets: 0.46
Return on Equity: 5.83
Last updated on: 2011-10-20
Bank Holding Company: Southern Minnesota Bancshares, Inc.
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Profile ID: LFUS-BAB-P-7216