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 #1820
Website:http://www.HorizonFinancialBank.com
Total Assets:$196,151,000, ranked #3069
Total Deposits:$171,000,000, ranked #3027
Total Equity Capital:$21,000,000, ranked #2935
Total Domestic Deposits:$171,000,000, ranked #3027
Net Income:$1,498,000, ranked #2990
Quarterly Net Income:$337,000, ranked #3062
Return on Assets:1%, ranked #858
Quarterly Return on Assets:1%, ranked #911
Return on Equity:7%, ranked #2857
Quarterly Return on Equity:6%, ranked #3040

Financial Information (2024-12-31 and Older)