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Community Development Bank, Financial Information

About Community Development Bank

 Address:
516 Main Street
Ogema, MN
Becker County, Minnesota
 Established:
Jan 1906
 Number of domestic offices:
3
Total assets$209M
Net income$1M
Net income, quarterly$0M
Total deposits$186M
Domestic deposits$186M
Equity capital$21M
ROA0.32%
ROAQ, quarterly0.5%
ROA, pretax0.5%
ROAQ, quarterly, pretax0.67%
ROE2.82%
ROEQ, quarterly4.88%
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.

Community Development Bank celebrated its 100-year anniversary in 2006. Throughout its history, Community Development Bank has provided its customers with the highest quality loan and deposit products, delivered with industry leading customer service.

Ogema Branch
516 Main Street
PO Box 38
Ogema, MN 5656
Phone: 218-983-3241
Fax: 218-983-3243

Hancock Branch
570 6th Street
PO Box 8
Hancock, MN 56244
Phone: 320-392-5278
Fax: 320-392-5330

Historical Data