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United Community Bank, Financial Information

About United Community Bank

 Address:
301 West Main Street
Perham, MN
Otter Tail County, Minnesota
 Established:
Jan 1911
 Number of domestic offices:
4
Total assets$314M
Net income$3M
Net income, quarterly$1M
Total deposits$279M
Domestic deposits$279M
Equity capital$33M
ROA0.94%
ROAQ, quarterly0.94%
ROA, pretax0.94%
ROAQ, quarterly, pretax0.94%
ROE8.69%
ROEQ, quarterly9.1%
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.

United Community Bank was originally chartered in 1911 and has been in continuous operation since that time. It first operated in Bertha, Minnesota. When Perham's two Banks failed in the 1930's, Perham was without a banking facility for approximately two years.

The bank's name was changed to United Community Bank in 1995 to more accurately reflect our mission to serve the financial needs of an expanding area. United Community Bank have total assets in excess of $180 million.

Perham Branch
301 West Main St
P.O. Box 249
Perham, MN 56573-0249
phone: (218) 346-5700
fax: (218) 346-5701

Lobby
8:00 A.M. - 5:00 P.M. Monday - Friday
8:00 A.M. - 12:00 P.M. Saturday
Drive-up
7:30 A.M. - 5:00 P.M. Monday - Friday
8:00 A.M. - 12:00 P.M. Saturday

Historical Data