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Keen Bank, National Association
Waseca, MN · FDIC Certificate #5270 · Chartered 12/1
Total assets
$201.07M
Total deposits
$181.53M
Total equity
$16.61M
Net loans
$146.82M
Branches (offices)
3
Net income (YTD)
$2.03M
Rank: #2,968 of 4,213 U.S. banks by assets · #117 of 221 in Minnesota. Assets changed 7.2% and deposits 7.2% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 2.04% |
| Return on equity | 24.60% |
| Net interest margin (YTD) | 5.12% |
| Equity to assets | 8.26% |
| Tier 1 leverage ratio | 8.43% |
| Uninsured deposits (share of deposits) | 19.4% |
| Noncurrent loans (share of loans) | 0.06% |
| Net charge-offs (share of loans) | 0.01% |
| Loans to deposits | 80.9% |
| Real estate loans (share of loans) | 90.8% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $133.32M | 90.8% | |
| Commercial & industrial | $11.99M | 8.2% | |
| Consumer / individual | $2.33M | 1.6% | |
| Construction & development | $4.90M | 3.3% | |
| Agricultural | $1.09M | 0.7% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $175.38M | $160.11M | $1.07M | $13.22M |
| Jun 2023 | $172.97M | $152.42M | $1.17M | $13.38M |
| Jun 2024 | $178.96M | $160.20M | $831.00K | $13.84M |
| Jun 2025 | $187.50M | $169.38M | $1.54M | $15.40M |
| Jun 2026 | $201.07M | $181.53M | $2.03M | $16.61M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $181.53M | 3 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $181.53M.
Similar-sized banks
State Bank & Trust Of Kenmare ($201.09M) · Horizon Financial Bank ($201.03M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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