Horizon Financial Bank

Horizon Financial Bank
416 Main St
Munich, ND 58352

Status: Active
Concentration:Agricultural Specialization
Established:01/01/1905
FDIC Insurance:05/02/1938
FDIC Cert:#15598
Holden By:MUNICH BANCSHARES INC
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:5, ranked #1816
Website:http://www.HorizonFinancialBank.com
Total Assets:$189,564,000, ranked #3113
Total Deposits:$165,841,000, ranked #3061
Total Equity Capital:$20,354,000, ranked #2978
Total Domestic Deposits:$165,841,000, ranked #3061
Net Income:$1,512,000, ranked #3059
Quarterly Net Income:$381,000, ranked #2829
Return on Assets:1%, ranked #943
Quarterly Return on Assets:1%, ranked #838
Return on Equity:8%, ranked #2860
Quarterly Return on Equity:8%, ranked #2464

Financial Information (2023-12-31 and Older)