Keen Bank, National Association
Waseca, MN
IDRSSD: 837354
Total Assets
$189.46M
Latest filing
Total Deposits
$170.83M
Latest filing
Net Interest Margin
5.08%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Keen Bank, National Association
101 State St N
Waseca, MN 56093
Full Service - Brick and Mortar
Updated 11/14/2025Established 12/18/1902FDIC Certificate 3541
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Keen Bank, National Association (Main) | 101 State St N | Waseca, MN |
| ELLENDALE BRANCH | 119 5th Ave W | Ellendale, MN |
| OWATONNA BRANCH | 496 W North St | Owatonna, MN |
Showing 2 of 2
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, national (federal) charter, Fed member, and supervised by the OCC |
| Primary Regulator | OCC |
| Established Date | 12/18/1902 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 56093 |
| State and County Number | 27161 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 3 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 36 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 09/24/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | keen.bank |
| Data Updated | 11/14/2025 |
| CERT | 5270 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $189.46M |
| Total Deposits | $170.83M |
| Total Liabilities | $173.49M |
| Total Equity Capital | $15.97M |
| Net Income | $858.00k |
| Net Loans and Leases | $140.18M |
| Assets Per Employee ($Millions) | $5.26M |
| Bank Premises and Fixed Assets | $3.21M |
| Cash and Balances due from Depository Institutions | $14.36M |
| Deposits Held in Domestic Offices | $170.83M |
Key Performance Ratios
| Return on Assets (ROA) | 1.82% |
| Return on Equity (ROE) | 21.88% |
| Net Interest Margin | 5.08% |
| Efficiency Ratio | 56.73% |
| Tier 1 Risk-Based Capital Ratio | 12.442% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.427% |
| Earning Assets to total Assets | 93.56% |
Income and Expense
| Total Interest Income | $2.91M |
| Total Noninterest Income | $304.00k |
| Total Interest Expense | $674.00k |
| Total Noninterest Expense | $1.44M |
| Net Interest Income | $2.24M |
| Pre-tax Net Operating Income | $1.10M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.66M |
| Total Liabilities and Capital | $189.46M |
Securities
| Securities | $23.68M |
| Available-for-sale debt securities | $23.68M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Keen Bank, National Association?
$189.46M as of the latest filing.
How much are Keen Bank, National Association's total deposits?
$170.83M in total deposits.
Where is Keen Bank, National Association located?
Waseca, MN.
What is the Net Interest Margin?
5.08%.
How many domestic offices does it operate?
3.
When was it established?
12/18/1902.
What is the Return on Assets (ROA)?
1.82%.
How much are total loans and leases?
$140.18M (latest filing).
What is the total interest income (latest filing)?
$2.91M.