Annual Reports
Every spring we report on the year before: how our Minnesota bank performed, the businesses and families we worked with, and what we gave back to the communities we serve.
“We will keep doing what we do. Making decisions quickly. Standing behind our clients through every stage of their growth. Delivering service that makes people feel known rather than processed. That is the bank we are, and it is the bank we intend to be.”
Andy Schornack, President, 2025 Annual Report2025 Annual Report
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2025 figures from the Financial Summary in the 2025 Annual Report. Dollar amounts are rounded.
Earlier reports
How we can help
Business Banking
In 2025 we made 297 loans to 237 businesses, averaging about $623,000. Lending, cash management and a banker who knows your business.
Business BankingTrust & Wealth Management
Nearly $600 million in trust assets under management. Corporate trustee, estate settlement and investment management from officers you can call directly.
Trust & WealthMunicipal Banking
Cities, schools and townships bank with us, from public deposits to bond purchases. The City of Winsted calls Adam Birkholz an invaluable resource on structuring municipal bonds.
Municipal BankingPersonal Banking
Checking, savings, home loans, and online and mobile banking, at 21 offices in 18 Minnesota communities.
Personal BankingNot sure where you fit? Talk to a banker, and we will get back to you by the next business day.