This institution is no longer active

Operations ceased on April 1, 1995. CRA examination history below reflects the period it was active.

STURGEON LAKE STATE BANK

STURGEON LAKE, MN · Supervised by FDIC

Est. 1915FDIC #12,194RSSD: FDIC-12194

Satisfactory

Current rating · Exam: March 1994

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Institution Profile

FDIC BankFind

Address

Main Street, STURGEON LAKE, MN

County

Pine County

Established

March 17, 1915

Total Assets

$12M(latest call report)

Financial Snapshot

As of Q1 1995Call Report / FDIC

Total Assets

$12M

Total Deposits

$10M

Net Loans

$5M

Net Income

$45K

ROA

1.49%

ROE

17.84%

Risk-Based Capital

16.53%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

March 1, 1994

Exam Type

Not Reported

Regulator

FDIC

Rating History

CRA / FFIEC

1 previous rating locked — dating back to 1991

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

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