Minnesota National Bank, 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.

Minnesota National Bank is a vibrant and growing community bank operating in the Sauk Centre, Long Prairie and Pelican Rapids markets.

Minnesota National Bank’s history dates back to November of 1902 when we were known as the Merchant’s National Bank of Sauk Centre. The Merchant’s National Bank became affiliated with First Bank Stock Corporation, (then known as First Bank System Inc.,) on December 14, 1929. The name of the bank was changed to "First National Bank" on August 8, 1950. In 1987, the bank was sold to a group of local owners. First National Bank then became an independent bank and once again began using the name of First National Bank of Sauk Centre.

On March 24, 2008, the bank merged with Lake Country State Bank and were renamed Minnesota National Bank, retaining the tradition of being a community bank with expanded offices in Sauk Centre, Long Prairie and Pelican Rapids, Minnesota.

Minnesota National Bank is proud to be a community bank and has a strong desire to maintain its locally owned, independent advantage.