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 Park State Bank
Park State Bank
| RSSD ID 286457 | CERTIFICATE 8851 | ABA NUMBER 91900119 |
| 2630 W Superior St |
Quarter Ended : |
2025-06-30 |
| Duluth, Minnesota, 55806 |
Updated : |
2025-07-29 |
| www.parkstatebank.com |
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| 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 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
17 |
Number of Employees : |
149 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,411,702 |
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Total Interest Income | 36,837 |
| Total Liabilities | 1,266,939 |
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Total NonInterest Income | 3,852 |
| Total Bank Equity Capital | 144,763 |
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Total Interest Expense | 14,859 |
| Total Deposits | 1,155,517 |
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Total NonInterest Expense | 13,395 |
| Net Loans & Leases | 860,411 |
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Net Income | 9,245 |
| Loan Loss Allowance | 9,021 |
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Net Charge Offs | 94 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 155,955 |
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Total loans | 874,862 |
| Total assets for the leverage ratio | 1,424,386 |
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Loans secured by real estate: | 665,509 |
| Tier 1 Leverage Ratio | 10.31 |
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Commercial and industrial loans | 163,478 |
| Tier 1 Capital Ratio | 15.89 |
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Loans to individuals - Credit Cards | 1,820 |
| Total Capital Ratio | 16.88 |
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Loans to individuals - Other | 6,353 |
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:· Park State Bank
