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Concorde Bank
Concorde Bank
RSSD ID 273653 | CERTIFICATE 9727 | ABA NUMBER 91909518 |
16 Sw Main Street |
Quarter Ended : |
2025-03-31 |
Blomkest, Minnesota, 56216 |
Updated : |
2025-04-17 |
www.concordebanks.com |
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Institution Profile |
Year Opened : |
1910 |
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 : |
Commercial Lending Specialization |
Number of Offices : |
2 |
Number of Employees : |
14 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 77,776 |
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Total Interest Income | 1,250 |
Total Liabilities | 69,744 |
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Total NonInterest Income | 69 |
Total Bank Equity Capital | 8,032 |
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Total Interest Expense | 375 |
Total Deposits | 69,191 |
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Total NonInterest Expense | 517 |
Net Loans & Leases | 63,825 |
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Net Income | 353 |
Loan Loss Allowance | 1,374 |
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Net Charge Offs | 6 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 9,325 |
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Total loans | 65,028 |
Total assets for the leverage ratio | 77,777 |
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Loans secured by real estate: | 45,444 |
Tier 1 Leverage Ratio | 11 |
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Commercial and industrial loans | 9,383 |
Tier 1 Capital Ratio | 13.97 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 15.24 |
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Loans to individuals - Other | 3,444 |
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