The Bank of Elk River, Financial Information

About The Bank of Elk River

 Address:
630 Main Street
Elk River, MN
Sherburne County, Minnesota
 Established:
Jan 1885
 Number of domestic offices:
4
Total assets$583M
Net income$7M
Net income, quarterly$2M
Total deposits$531M
Domestic deposits$531M
Equity capital$51M
ROA1.25%
ROAQ, quarterly1.18%
ROA, pretax1.18%
ROAQ, quarterly, pretax1.18%
ROE13.77%
ROEQ, quarterly13.61%
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.