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The First National Bank of Coleraine, Financial Information

About The First National Bank of Coleraine

 Address:
600 Powell Ave
Coleraine, MN
Itasca County, Minnesota
 Established:
Jan 1906
 Number of domestic offices:
2
Total assets$100M
Net income$1M
Net income, quarterly$0M
Total deposits$92M
Domestic deposits$92M
Equity capital$8M
ROA0.75%
ROAQ, quarterly0.67%
ROA, pretax0.67%
ROAQ, quarterly, pretax0.85%
ROE8.77%
ROEQ, quarterly8.0%
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.

Since 1906, The First National Bank of Coleraine have been committed to understanding the needs of the community and working with our friends and neighbors.

The Comptroller of Currency granted permission to establish The First National Bank of Coleraine on the 20th of June, 1906. Chartered by a Teddy Roosevelt Rough Rider named John C. Greenway (1872 - 1926), The First National Bank of Coleraine served residents and businesses, most of whom worked in or supplied open-pit ore mines.

Coleraine Office
600 Powell Ave., PO Box 158 • Coleraine, MN 55722
Phone: (218) 245-1272 • Fax: (218) 245-4015
24-Hour Phone Banking: (218) 245-4000

Historical Data