This institution is no longer active
Operations ceased on September 11, 2006. CRA examination history below reflects the period it was active.
RURAL AMERICAN BANK - HECTOR/FAIRFAX
HECTOR, MN · Supervised by FDIC
Est. 1931FDIC #10,562RSSD: FDIC-10562
Institution Profile
FDIC BankFindAddress
Main Street, HECTOR, MN
County
Renville County
Established
September 28, 1931
Total Assets
$57M(latest call report)
Financial Snapshot
As of Q2 2006Call Report / FDIC
Total Assets
$57M
Total Deposits
$47M
Net Loans
$34M
Net Income
$532K
ROA
1.80%
ROE
12.53%
Risk-Based Capital
12.27%
Total Assets — Last 8 Quarters
Total AssetsROA
Current Examination
CRA / FFIECOverall Rating
Satisfactory
Exam Date
January 1, 2002
Exam Type
Small Bank
Regulator
FDIC
Rating History
CRA / FFIEC3 previous ratings locked — dating back to 1992
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Rating Over Time
🔒 LockedOutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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