607 South Smith Avenue
Saint Paul, MN 55107


General Bank Information

FDIC Insured Yes
FDIC Certificate # 8537
Date Established 1908
Assets $0.28 billion
Loans $0.16 billion
Deposits $0.25 billion
Capital $0.02 billion

BankCherokee is an FDIC insured institution located in Saint Paul, MN. It was founded in 1908 and has approximately $0.28 billion in assets. Customers can open an account at one of its 4 branches.

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

Bank Loan Profile?

The top three loan types in BankCherokee’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in Minnesota, BankCherokee has a significantly higher percent of Multifamily Mortgages, Commercial Real Estate, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 21.61
Credit Card Loans 0.00
Consumer Auto Loans 0.51
Small Business Loans 22.78
Construction and Development Loans 0.01
Commercial Real Estate 40.11
Commercial and Industrial Loans 28.91
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bankcherokee, but see these great savings and CD rates:

1.20% APY Online Savings Account from Ally Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for BankCherokee

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Learn More
US Wide Financial
NMLS ID: 55028
License#: MC-5809
3.680% 3.625% 0.50 $1,705 $1,141 Learn More

Note to BankCherokee
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BankCherokee branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Bankcherokee Locations

Financial Details

BankCherokee Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BankCherokee. 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
BankCherokee U.S. Bank Average
16.73% 8.87%

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of March 31, 2017, BankCherokee had $3,107,000 in non-current loans and $819,000 in owned real estate. To cover these potential losses it had $21,329,000 in equity and $2,144,000 in loans loss reserves. That gives it a Texas Ratio of 16.73%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
BankCherokee U.S. Bank Average
5.66% 8.39%

BankCherokee has a Return on Equity of 5.66% versus the BestCashCow average of 8.39%. 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.

BankCherokee U.S. Bank Average
7.69% 11.94%

BankCherokee has a Capitalization of 7.69% versus the BestCashCow average of 11.94%. 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.

BankCherokee Balance Sheet Analysis

As of June 30, 2017, BankCherokee had assets of $277,212,000, loans of $162,483,000, and deposits of $248,452,000. 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.

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