|
 |
|
|
 Merchants State Bank
|
Merchants State Bank
| RSSD ID 289757 | CERTIFICATE 1125 | ABA NUMBER 91402277 |
| 305 S Main St |
Quarter Ended : |
2026-06-30 |
| Freeman, South Dakota, 57029 |
Updated : |
2026-07-20 |
| www.msb-sd.com |
|
| Institution Profile |
| Year Opened : |
1899 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
4 |
Number of Employees : |
30 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 219,569 |
|
Total Interest Income | 6,160 |
| Total Liabilities | 184,267 |
|
Total NonInterest Income | 178 |
| Total Bank Equity Capital | 35,302 |
|
Total Interest Expense | 1,568 |
| Total Deposits | 180,687 |
|
Total NonInterest Expense | 2,317 |
| Net Loans & Leases | 146,574 |
|
Net Income | 2,090 |
| Loan Loss Allowance | 946 |
|
Net Charge Offs | 11 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 147,269 |
| Total assets for the leverage ratio | 225,146 |
|
Loans secured by real estate: | 98,685 |
| Tier 1 Leverage Ratio | 17.26 |
|
Commercial and industrial loans | 14,463 |
| Off Balance Sheet Exposures (%) | 22.66 |
|
Loans to individuals - Credit Cards | 32 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 2,410 |
|
|
|
|
:· Merchants State Bank
