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State Bank of Taunton
State Bank of Taunton
| RSSD ID 205458 | CERTIFICATE 16906 | ABA NUMBER 91209535 |
| 101 N Main St |
Quarter Ended : |
2025-06-30 |
| Taunton, Minnesota, 56291 |
Updated : |
2025-07-10 |
| www.statebankoftaunton.com |
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| Institution Profile |
| Year Opened : |
1905 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
6 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 48,681 |
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Total Interest Income | 1,395 |
| Total Liabilities | 43,876 |
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Total NonInterest Income | 50 |
| Total Bank Equity Capital | 4,805 |
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Total Interest Expense | 284 |
| Total Deposits | 39,158 |
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Total NonInterest Expense | 1,091 |
| Net Loans & Leases | 33,202 |
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Net Income | 70 |
| Loan Loss Allowance | 208 |
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Net Charge Offs | 219 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 6,778 |
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Total loans | 34,593 |
| Total assets for the leverage ratio | 49,498 |
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Loans secured by real estate: | 28,406 |
| Tier 1 Leverage Ratio | 13.27 |
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Commercial and industrial loans | 1,424 |
| Tier 1 Capital Ratio | 15.12 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 15.59 |
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Loans to individuals - Other | 200 |
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