MIDCOUNTRY ACQUISITION CORP
Legal name: MIDCOUNTRY ACQUISITION CORP.
2 active banks · 4 merged/absorbed · $453M combined assets
RSSD ID: 5281989 (FFIEC NIC)
Combined Assets
$453M
CRA Rating Summary
At a Glance
Dominant CRA Rating
Satisfactory
2 of 2 banks · Meets expectations for community lending
Combined Assets
$453M
2 active banks
Bank Charters
Each charter is examined independently for CRA compliance. Legacy entities were merged or absorbed during corporate consolidation.
PINE COUNTRY BANK
LITTLE FALLS, MN · FDIC · $388M
SatisfactoryGRAND TIMBER BANK
MCGREGOR, MN · FDIC · $65M
Satisfactory1ST UNITED BANK
Merged 2025FARIBAULT, MN · FDIC · $167M
SatisfactoryFIRST STATE BANK OF SAUK CENTRE
Merged 2025SAUK CENTRE, MN · FDIC · $143M
SatisfactoryLAKE COMMUNITY BANK
Merged 2024LONG LAKE, MN · FDIC · $138M
SatisfactoryRED ROCK BANK
Merged 2024SANBORN, MN · FDIC · $43M
Satisfactory
| Charter | Location | Regulator | Assets | Ownership | Current Rating | Exam Date |
|---|---|---|---|---|---|---|
| PINE COUNTRY BANK | LITTLE FALLS, MN | FDIC | $388M | 100.0% | Satisfactory | Dec 2020 |
| GRAND TIMBER BANK | MCGREGOR, MN | FDIC | $65M | 100.0% | Satisfactory | Dec 2023 |
| 1ST UNITED BANKMerged 2025 | FARIBAULT, MN | FDIC | $167M | — | Satisfactory | Jun 2020 |
| FIRST STATE BANK OF SAUK CENTREMerged 2025 | SAUK CENTRE, MN | FDIC | $143M | — | Satisfactory | Feb 2021 |
| LAKE COMMUNITY BANKMerged 2024 | LONG LAKE, MN | FDIC | $138M | — | Satisfactory | Jun 2019 |
| RED ROCK BANKMerged 2024 | SANBORN, MN | FDIC | $43M | — | Satisfactory | Mar 2022 |
CRA (Community Reinvestment Act) exams are conducted per charter, not per holding company. Asset figures are from the most recent FDIC call report.