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This institution is no longer active

Operations ceased on November 29, 2008. CRA examination history below reflects the period it was active.

FIRST INDEPENDENT BANK OF WOOD LAKE

WOOD LAKE, MN · Supervised by FDIC

Est. 1902FDIC #10,578RSSD: FDIC-10578
Satisfactory

Current rating · Exam: June 2004

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Institution Profile

FDIC BankFind

Address

Main Street, WOOD LAKE, MN

County

Yellow Medicine County

Established

April 1, 1902

Total Assets

$17M(latest call report)

Financial Snapshot

As of Q3 2008Call Report / FDIC

Total Assets

$17M

Total Deposits

$15M

Net Loans

$12M

Net Income

$102K

ROA

0.82%

ROE

7.62%

Risk-Based Capital

15.34%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

June 1, 2004

Exam Type

Small Bank

Regulator

FDIC
Download Evaluation Report (PDF)

Rating History

CRA / FFIEC

4 previous ratings locked — dating back to 1990

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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