|
 |
|
|
 Park State Bank
Park State Bank
| RSSD ID 286457 | CERTIFICATE 8851 | ABA NUMBER 91900119 |
| 2630 W Superior St |
Quarter Ended : |
2025-09-30 |
| Duluth, Minnesota, 55806 |
Updated : |
2025-10-29 |
| www.parkstatebank.com |
|
| Institution Profile |
| Year Opened : |
1916 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
17 |
Number of Employees : |
152 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,415,538 |
|
Total Interest Income | 55,048 |
| Total Liabilities | 1,268,823 |
|
Total NonInterest Income | 5,711 |
| Total Bank Equity Capital | 146,715 |
|
Total Interest Expense | 21,867 |
| Total Deposits | 1,166,879 |
|
Total NonInterest Expense | 20,251 |
| Net Loans & Leases | 852,326 |
|
Net Income | 14,220 |
| Loan Loss Allowance | 9,703 |
|
Net Charge Offs | 30 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 157,416 |
|
Total loans | 857,175 |
| Total assets for the leverage ratio | 1,390,695 |
|
Loans secured by real estate: | 662,314 |
| Tier 1 Leverage Ratio | 10.62 |
|
Commercial and industrial loans | 152,488 |
| Tier 1 Capital Ratio | 16.09 |
|
Loans to individuals - Credit Cards | 1,822 |
| Total Capital Ratio | 17.16 |
|
Loans to individuals - Other | 6,208 |
|
|
|
|
:· Park State Bank
