Summary

The Bank of Elk River

Founded in 2015

Description

The Bank of Elk River provides the areas top mobile and digital banking tools in addition to our commitment to exceptional customer service. Learn more.

Strengths

  • The Bank of Elk River has a strong market share in their industry
  • Revenue generated per employee is greater than industry average
  • Revenue growth is more steady than the industry average
  • Web traffic rankings are better than the industry average

Weaknesses

  • Revenue growth is less than the industry average
  • The number of employees is not growing as fast as the industry average
  • Since The Bank of Elk River was founded, the company has experienced slower revenue growth than the industry average

Annual Revenue

The Bank of Elk River's annual revenue

$26122000

Based on Kona Equity data

  • Revenue per employee

    $272104

  • Variance of revenue growth

    0.03

  • Annual revenue growth since founding

    $2902444

  • Revenue growth rate from first known quarter to current

    8.2%

Employee Count

96 employees

  • Employee growth rate from first known quarter to current

    -2.4%

Executives

Kim Carter

Vice President, Operations

k**@thebankofelkriver.com

Corey Wemple

Consumer and RE Lending Manager

c**@thebankofelkriver.com

Neil Gagnon

Vice President, Commercial Lending

n**@thebankofelkriver.com

Galen Cadle

Vice President

g**@thebankofelkriver.com

Peter Onstad

Vice President - Director of Retail Banking

p**@thebankofelkriver.com

Elizabeth Hinnenkamp

Manager, Loan Operations

e**@thebankofelkriver.com

Ryan Nelson

Universal Banker

r**@thebankofelkriver.com

Christina Ovall

Senior Internal Auditor

c**@thebankofelkriver.com

Bill Lavigne

Chief Operating Officer

b**@thebankofelkriver.com

Thomas Lund

Executive Vice President & Director, Commercial Lending

t**@thebankofelkriver.com

Brady Bagne

Mortgage Loan Originator

b**@thebankofelkriver.com

Paul Nygard

2 Credit Analyst

p**@thebankofelkriver.com

Beth Keller

Mortgage Lending Officer

b**@thebankofelkriver.com

Dan Haas

Vice President, Commercial Lending

d**@thebankofelkriver.com

Kimberly Swanson

Personal Banker

k**@thebankofelkriver.com

Leroy Lindenfelser

Chief Financial Officer

l**@thebankofelkriver.com

Lori Arko

DP Supervisor

l**@thebankofelkriver.com

Stewart Wilson

Senior Vice President and Director of Enterprise Risk

s**@thebankofelkriver.com

Lynn Backlund

Branch Manager, Retail & Officer

l**@thebankofelkriver.com

Julia Schreifels

Vice President, Director of Marketing and Communications

j**@thebankofelkriver.com

Arlene Bammert

HR Vice President & Director

a**@thebankofelkriver.com

Dustin Bredlow

Commercial Lending Officer

d**@thebankofelkriver.com

Becky Moritz

Vice President, Commercial Lender

b**@thebankofelkriver.com

Susan Black

Director, Human Resources & Senior VP

s**@thebankofelkriver.com

Debbie Smith

Assistant Vice President

d**@thebankofelkriver.com

Cheryl Dehmer

Senior Vice President

c**@thebankofelkriver.com

Christine Niskanen

Vice President, Director of Information Security and Technology

c**@thebankofelkriver.com

Michelle Thatcher

Assistant Vice President & Commercial Loan Officer

m**@thebankofelkriver.com

Robert Riedel

Vice President

r**@thebankofelkriver.com

Jack Ellis

Senior Vice President

j**@thebankofelkriver.com

Carl Gebhardt

Vice President, Commercial Lending

c**@thebankofelkriver.com

G Score - 4

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G2 Income per employee more than industry average.
  • G5 Variance of revenue growth is less than the industry average
  • G7 Website traffic rankings are better than the industry average

Web Analysis

  • Rank

    1.86 M

  • Page views per visitor

    1.0

  • Daily time

    -

Location

630 Main St. 
Elk River, MN  55330

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Key Information

  • Name: The Bank of Elk River
  • Category: Banking
  • Industry: Bank
  • NAICS: 522; 5221
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with The Bank of Elk River.

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Frequently Asked Questions

Where is The Bank of Elk River located?

The Bank of Elk River's headquarters are located at 630 Main St.  Elk River, MN  55330.


What is The Bank of Elk River's official website?

The Bank of Elk River's official website is thebankofelkriver.com


What is The Bank of Elk River's revenue?

The Bank of Elk River's annual revenue is $26.1 M.


What is The Bank of Elk River's NAICS code?

The Bank of Elk River's NAICS: 522; 5221.


How many employees does The Bank of Elk River's have?

The Bank of Elk River has 96 employees


What industry does The Bank of Elk River belong to?

The Bank of Elk River is in the industry of Banking.

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