This institution is no longer active

Operations ceased on July 9, 2016. CRA examination history below reflects the period it was active.

ALTURA STATE BANK

ALTURA, MN · Supervised by FDIC

Est. 1910FDIC #10,173RSSD: FDIC-10173

Part ofSOUTHEAST MN BANCSHARES INC→ View all charters

Satisfactory Same

Current rating · Exam: March 2013

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.70%

Is this bank safe?

ALTURA STATE BANK holds a Satisfactory CRA rating (2013), meets basic financial requirements (ROA +0.70%).

Institution Profile

FDIC BankFind

Address

411 Main Street, N.W., ALTURA, MN

County

Winona County

Established

December 10, 1910

Total Assets

$48M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

March 1, 2013

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 13 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q2 2016Call Report / FDIC

Total Assets

$48M

Total Deposits

$40M

Net Loans

$29M

Net Income

$169K

ROA

0.70%

Above avg for Small banks. Peer avg: 0.44%

ROE

4.42%

Risk-Based Capital

23.40%

Above avg for Small banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Small banks

Compared to the peer-bank Small peer group (same asset tier).

ROA0.70%Peer avg: 0.44%▲ Above avg

Risk-Based Capital23.40%Peer avg: 23.03%▲ Above avg

Mortgage Denial Rate18.20%Peer avg: 6.90%▲ More than avg

Unlock peer list → See which specific banks are in this peer group.

Mortgage Lending

CFPB HMDA

Year	Applications	Orig. Rate	Denial Rate
2022	577	68.63%	18.20%
2021	964	78.11%	8.92%
2020	1,003	68.99%	7.08%
2019	730	68.08%	14.11%
2018	509	61.1%	21.41%

Denial rate = denials ÷ total applications. 2024 national avg: 23.75% · Small bank avg: 6.90% · above-average shown in red

Rating History

CRA / FFIEC

Exam Date	Rating	Exam Type
Mar 2013	Satisfactory	Small Bank
Mar 2008	Satisfactory	Small Bank
Apr 2003	Satisfactory	Small Bank

3 previous ratings locked — back to 1992

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Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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