Farmers State Bank of Hamel, Financial Information

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.

The Farmers State Bank of Hamel was founded in 1919 by the Dorweiler family. It remains independently owned and operated today, and is currently managed by the third and fourth generations of the Dorweiler family.

One of the bank’s long-time specialties is providing the small business owner with the nuts and bolts of financing a small business. The bank’s lending staff has extensive experience in this area and provides the small business owner with continuity in their financial planning and personalized service.

Hamel, located within the City of Medina, has always been a unique area with a strong sense of community. The bank has a long history of community involvement and actively participates in community groups and fundraisers such as the Uptown Hamel business group and the I94 West Chamber of Commerce.

145 Hamel Road
PO Box 236
Hamel, MN 55340

Contact
Phone: 763-478-6611
Fax: 763-478-6471

Lobby Hours:
Monday - Thursday 8:00 am to 5:00 pm
Friday 8:00 am to 6:00 pm
Saturday Closed

Drive Through Hours:
Monday - Thursday 7:30 am to 6:00 pm
Friday 7:30 am to 6:00 pm
Saturday 8:30 am to 12:00 Noon

Corcoran
7559 County Road 116
PO Box 236
Corcoran, MN 55340
Contact
Phone: 763-420-2025
Fax: 763-420-5268

Lobby Hours:
Monday - Thursday 8:00 am to 5:00 pm
Friday 8:00 am to 6:00 pm
Saturday Closed

Drive Through Hours:
Monday - Thursday 7:30 am to 6:00 pm
Friday 7:30 am to 6:00 pm
Saturday 8:30 am to 12:00 Noon