|
 |
|
|
 Solon State Bank
Solon State Bank
| RSSD ID 185448 | CERTIFICATE 232 | ABA NUMBER 73921446 |
| 126 S Market St |
Quarter Ended : |
2025-12-31 |
| Solon, Iowa, 52333 |
Updated : |
2026-01-30 |
| www.solonstatebank.com |
|
| Institution Profile |
| Year Opened : |
1932 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
15 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 125,699 |
|
Total Interest Income | 7,916 |
| Total Liabilities | 96,789 |
|
Total NonInterest Income | 675 |
| Total Bank Equity Capital | 28,910 |
|
Total Interest Expense | 1,960 |
| Total Deposits | 83,442 |
|
Total NonInterest Expense | 2,603 |
| Net Loans & Leases | 83,134 |
|
Net Income | 3,525 |
| Loan Loss Allowance | 593 |
|
Net Charge Offs | 218 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 82,489 |
| Total assets for the leverage ratio | 124,554 |
|
Loans secured by real estate: | 51,357 |
| Tier 1 Leverage Ratio | 24.27 |
|
Commercial and industrial loans | 23,951 |
| Off Balance Sheet Exposures (%) | 0.58 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 1,667 |
|
|
|
|
:· Solon State Bank
