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 Vermillion State Bank
Vermillion State Bank
| RSSD ID 208057 | CERTIFICATE 10214 | ABA NUMBER 91914370 |
| 107 Main St E |
Quarter Ended : |
2025-06-30 |
| Vermillion, Minnesota, 55085 |
Updated : |
2025-07-20 |
| WWW.VERMILLIONBANK.COM |
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| Institution Profile |
| Year Opened : |
1918 |
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 : |
041 |
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| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
6 |
Number of Employees : |
37 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 884,360 |
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Total Interest Income | 22,416 |
| Total Liabilities | 773,129 |
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Total NonInterest Income | 624 |
| Total Bank Equity Capital | 111,231 |
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Total Interest Expense | 8,372 |
| Total Deposits | 769,642 |
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Total NonInterest Expense | 3,975 |
| Net Loans & Leases | 402,078 |
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Net Income | 10,602 |
| Loan Loss Allowance | 6,991 |
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Net Charge Offs | (630) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 407,283 |
| Total assets for the leverage ratio | 868,205 |
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Loans secured by real estate: | 301,059 |
| Tier 1 Leverage Ratio | 12.78 |
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Commercial and industrial loans | 70,663 |
| Off Balance Sheet Exposures (%) | 0.1 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 10,165 |
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:· Vermillion State Bank
