Minden Exchange Bank & Trust Company


Minden Exchange Bank & Trust Company is an FDIC insured institution headquartered at 448 N Minden Ave, Minden, NE 68959.
It was founded in 1883 and has approximately $0 billion in assets. Customers can open an account at one of its 1 branches.

Deposit Rates - May 4, 2024

SAVINGS RATES APY MIN
Savings
0.15% $1 Compare
CD RATES APY MIN
6 Mo CD
0.50% $1,000 Compare
12 Mo CD
0.70% $500 Compare
24 Mo CD
0.80% $500 Compare
36 Mo CD
0.90% $500 Compare
48 Mo CD
1.00% $500 Compare
MM RATES APY MIN
Money Market
0.30% $1,000 Compare
PREMM RATES APY MIN
Premium Money Market
0.30% $20,000 Compare
VARIABLE IRA RATES APY MIN
Var IRA
1.00% $1
INT CHECKING RATES APY MIN
Int Ckg
0.10% $500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5439
Date Established 1883
Assets $ 191.33 million
Loans $ 87.35 million
Deposits $ 134.17 million
Capital $ 31.95 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 3.91 million
Interest-bearing balances $ 2.78 million
Total securities $ 91.22 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 87.35 million
Loan loss allowance $ 2.11 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 $ 6.17 million
     Total Assets $ 159.38 million

LIABILITIES
Total deposits $ 134.17 million
      Interest-bearing deposits $ 106.12 million
      Deposits held in domestic offices $ 134.17 million
      % insured (estimated) 80.20%
Federal funds purchased and repurchase agreements $ 9.67 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.90 millionn
      Total Liabilities $ 159.38 million
      Shareholders’ Equity $ 31.95 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 7.96 million
Total Interest Expense $ 1.38 million
Net interest income $ 6.58 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.57 million
Total non interest expense $ 3.35 million
Pre-tax Net Operating Income $ 1.10 million

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Branches

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Minden Exchange Bank & Trust Company Locations