BranchWatch

BankCherokee

Headquartered in Saint Paul, MN. Part of Cherokee Bancshares, Inc. FDIC certificate #8537 · Federal Reserve RSSD 748254.

Total assets
$420M
Deposits
$351M
Q1 2026
Active branches
3
Closings since Jan 2020
1
0 openings since Jan 2020
All locations →Quarterly financials →

Financial snapshot — Q1 2026

All quarters →
Net income (quarter)
$511K
Return on assets
0.49%
Return on equity
6.09%
Noncurrent loan rate
0.35%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
0
2023
0
2024
0
2025

Values in $ billions, June 30 of each year.

Closings by year

1
2021

Branches by state

Minnesota 3

Recent closings

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.bankcherokee.com.