Wadena State Bank, Financial Information

About Wadena State Bank

 Address:
304 1st Street, Southeast
Wadena, MN
Wadena County, Minnesota
 Established:
Jan 1917
 Number of domestic offices:
4
Total assets$212M
Net income$3M
Net income, quarterly$0M
Total deposits$191M
Domestic deposits$191M
Equity capital$21M
ROA1.62%
ROAQ, quarterly0.82%
ROA, pretax0.82%
ROAQ, quarterly, pretax0.82%
ROE15.45%
ROEQ, quarterly8.42%
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.

Wadena State Bank is a locally-owned commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB). The bank was established in 1917. Wadena State Bank services Minnesota with complete financial services.

Located in Wadena across the street from the bank, the Express Bank Facility offers a walk-up window service, four drive-up lanes and a drive up ATM machine with postage stamp service dispenser. Phone Banking provides 24-hour telephone access to your deposit and loan accounts.

Bluffton
108 2nd Street
P.O. Box 115
Bluffton, MN 56518
Phone: 218-385-2250
Fax: 218-385-5603

Deer Creek
121 East Main
P.O. Box 276
Deer Creek, MN 56527
Phone: 218-462-2155
Fax: 218-462-2160

Wadena
304 1st St SE
P.O. Box 191
Wadena, MN 56482
Phone: 218-631-1860
Fax: 218-631-2319