Minnesota Metro Bank, $4.5 MillionLocation:
Minnesota (Metro) Asking Price: Between $2.5
Million and $5 Million ($4.5 million) Summary: This
bank will have no CMO's or bad loans and seller will leave a 1% reserve
allowance to please change-in-control regulators; no new charters being
approved and Minnesota requires $15 million. Minnesota State Bank, $500 Million Footprint Location:
Minnesota (Metro) Asking Price: Over $20 Million Summary:
This multi-branch franchise has tremendous potential to offer
a buyer capable of rebranding and rebuilding its balance sheet. A
work-out situation with high profit subsidiary. |
Minnesota State Bank, $2.2 Million, 1.3 X Book Location:
Minnesota Asking Price: Between $1 Million and $2.5
Million ($2.2 million) Summary: This bank will
have no bad loans or participations, clean as new and ready for the
regulators. Needs new ownership with an energetic marketing plan.
Assets are now under $25 million. |
Minnesota State Bank, $2.5 Million, 2.9 X Book Location:
Minnesota Asking Price: Between $1 Million and $2.5
Million ($2.5million) Summary: This community bank
has nearly 6% share of a healthy ag market. It is highly rated with
excellent credits on the balance sheet. No bad loans. A proven money
maker with 1.3% ROA and over 11% ROE.
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Profitable - Scalable Mortgage Lending Co.Location:
Southeast States (Southeast USA) Asking Price:
Between $500 Thousand and $1 Million ($930,000) Summary:
Extremely profitable and scalable mortgage lending business (not a
mortgage broker). Established in 2001 by current owners, the business
has turned a significant profit every year since inception. |