Bank of Minden


601 Main Street
Mindenmines, MO 64769
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.80% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Bank of Minden is an FDIC insured institution located in Mindenmines, MO. It was founded in 1912 and has approximately $0.03 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 19954
Date Established 1912
Assets $ 34.96 million
Loans $ 23.84 million
Deposits $ 28.44 million
Capital $ 2.81 million

For a more detailed analysis of Bank of Minden's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 24, 2021

Your Current Location: Connecticut, CT 06828


Loan Rates - September 24, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Bank of Minden

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Learn More
CIT Bank
NMLS ID: 541760
2.873% 2.800%
1.00 points
$2,380 fees
$1,028 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Bank of Minden
To upload and update your bank's rates please register. It is free to register and add rates.


Bank of Minden branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Bank of Minden Locations

Financial Details

Bank of Minden Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Minden. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of Minden U.S. Bank Average
0.31% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2021, Bank of Minden had $10,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $2,811,000 in equity and $379,000 in loans loss reserves. That gives it a Texas Ratio of 0.31%.

Return on Equity
Bank of Minden U.S. Bank Average
9.7% 11.43%

Bank of Minden has a Return on Equity of 9.7% versus the BestCashCow average of 11.43%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Bank of Minden U.S. Bank Average
8.04% 11.51%

Bank of Minden has a Capitalization of 8.04% versus the BestCashCow average of 11.51. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank of Minden Balance Sheet Analysis

As of June 30, 2019, Bank of Minden had assets of $31,502,000, loans of $23,843,000, and deposits of $28,441,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2021
Cash & Balances due from depository institutions $ 5.04 million
Interest-bearing balances $ 4.38 million
Total securities $ 1.56 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 23.84 million
Loan loss allowance $ 0.38 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.46 million
     Total Assets $ 28.69 million
Total deposits $ 28.44 million
      Interest-bearing deposits $ 20.49 million
      Deposits held in domestic offices $ 28.44 million
      % insured (estimated) 90.12%
Federal funds purchased and repurchase agreements $ 0.20 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.05 million
      Total Liabilities $ 28.69 million
      Shareholders’ Equity $ 6.27 million

Summary Income Statement

March 31, 2021
Total Interest Income $ 0.73 million
Total Interest Expense $ 0.10 million
Net interest income $ 0.63 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.01 million
Total non interest expense $ 0.39 million
Pre-tax Net Operating Income $ 0.24 million

Bank Loan Profile?

The top three loan types in Bank of Minden’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, Bank of Minden’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 18.03
Credit Card Loans 0.00
Consumer Auto Loans 0.79
Small Business Loans 4.96
Construction and Development Loans 0.00
Commercial Real Estate 21.78
Commercial and Industrial Loans 17.39
Farm Loans 11.62

Frequently Asked Questions About Bank Of Minden

Branches and Savings

Is Bank Of Minden FDIC insured?

Yes. It is covered under FDIC Certificate #19954.

Why does Bank Of Minden pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank Of Minden CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank Of Minden a commercial bank?


Where are Bank Of Minden locations?

See branch locations nearby.

Is Bank Of Minden open on Saturdays?

Is Bank Of Minden open on Sundays?

What time does Bank Of Minden open?

What time does Bank Of Minden close?

Are Bank Of Minden ATMs Open 24/7?

Do Bank Of Minden ATMs accept cash deposits?

Can Bank Of Minden customers use other ATMs?

Do Bank Of Minden branches have notaries?

Will Bank Of Minden notarize my document?

What address for Bank Of Minden should I put for incoming ACH transfers?

Will the Bank Of Minden branch print checks?

Do Bank Of Minden checks expire?

Does Bank Of Minden require US citizenship to open account?

Can Bank Of Minden close my account?

Does Bank Of Minden Report to credit bureaus?

Does Bank Of Minden Use Equifax?

What is Bank Of Minden's ACH Routing Number?

What is Bank Of Minden's SWIFT code?


Does Bank Of Minden offer mortgages?

Compare mortgage rates here.

Does Bank Of Minden offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Minden offer personal loans?

Compare personal loan rates here.

Does Bank Of Minden offer student loans?

Will Bank Of Minden cash a check?

Will Bank Of Minden redeem a savings bond?

Does Bank Of Minden cash savings bonds?

Will Bank Of Minden cash money orders?

Can Bank Of Minden issue a money order?

Does Bank Of Minden do currency exchange?

Background on The Bank

Who owns Bank Of Minden?

How long has Bank Of Minden been around?

Can Bank Of Minden transfer to other banks?

Does Bank Of Minden have quick pay?

Does Bank Of Minden accept rolled coins?

Will Bank Of Minden accept loose change?

Where is Bank Of Minden headquarters?

Customer Reviews for Bank of Minden

There are currently no comments for Bank of Minden. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →