North Dakota – Mountrail – Stanley
(NM) Commercial bank, state charter and Fed nonmember
active
www.scandiaamericanbank.com
North Dakota
Mountrail
Stanley
(NM) Commercial bank, state charter and Fed nonmember
active
8639
1910
FDIC Certificate Number: 8639
FDIC's unique number: 5510
The FDIC Field Office where an institution is physically located: Grand Forks
Federal Reserve ID Number: 1015056
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 3
Number of Foreign Offices: 0
The date of the last data update: 2010-01-27
1910-01-01 Institution established. Original name: Scandia American Bank.
1996-06-05 Changed trust powers from Trust Powers Not Granted to Limited Trust Powers Granted.
1998-07-09 Changed name to Scandia American Bank & Trust .
2010-01-08 Acquired Countrybank Usa in Cando, North Dakota.
Total assets: $182,232,000
Total deposits: $163,368,000
Deposits held in domestic offices: $163,368,000
Equity capital: $16,687,000
Net income: $731,000
Return on Assets: 0.82
Return on Equity: 9.18
Last updated on: 2011-10-20
Bank Holding Company: American Bancor, Ltd.
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Profile ID: LFUS-BAB-P-5393