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Root River State Bank, Financial Information

About Root River State Bank

 Address:
18 3rd Street, S. E.
Chatfield, MN
Fillmore County, Minnesota
 Established:
Nov 1856
 Number of domestic offices:
1
Agriculture bank
Total assets$80M
Net income$0M
Net income, quarterly$0M
Total deposits$71M
Domestic deposits$71M
Equity capital$9M
ROA0.41%
ROAQ, quarterly0.33%
ROA, pretax0.33%
ROAQ, quarterly, pretax0.34%
ROE3.46%
ROEQ, quarterly2.89%
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.

Root River State Bank have been providing the finest in personalized banking service to southeastern Minnesota since 1856, and is recognized as being the oldest bank in the state, and a leader in community banking.

Root River State Bank offers a full range of checking accounts and services to fit the many financial needs of its customers. Each of the personal accounts the bank offers, comes with the first 50 checks free, free direct deposit and automatic payment services, free use of Root River State Bank’s Internet Banking and free ATM/Check Card (subject to approval). motorcycles, recreational vehicles, mobile homes or other purchases. The bank also offers Ag/Business Savings Accounts, Ag/Business Checking Accounts and Loans.

Root River State Bank
18 SE 3rd Street
P.O. Box 517
Chatfield, MN 55923
Phone: 507-867-4120
Toll Free: 1-888-766-8748
Fax: 507-867-3940

Historical Data