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 Drake Bank
Drake Bank
| RSSD ID 3090833 | CERTIFICATE 57336 | ABA NUMBER 96017230 |
| 60 Plato Blvd E |
Quarter Ended : |
2025-06-30 |
| Saint Paul, Minnesota, 55107 |
Updated : |
2025-07-14 |
| www.drake-bank.com |
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| Institution Profile |
| Year Opened : |
2002 |
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 : |
1 |
Number of Employees : |
36 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 273,199 |
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Total Interest Income | 8,749 |
| Total Liabilities | 252,765 |
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Total NonInterest Income | 750 |
| Total Bank Equity Capital | 20,434 |
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Total Interest Expense | 3,537 |
| Total Deposits | 233,675 |
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Total NonInterest Expense | 3,859 |
| Net Loans & Leases | 214,127 |
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Net Income | 1,326 |
| Loan Loss Allowance | 3,099 |
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Net Charge Offs | 430 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 25,101 |
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Total loans | 218,587 |
| Total assets for the leverage ratio | 271,460 |
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Loans secured by real estate: | 136,290 |
| Tier 1 Leverage Ratio | 8.28 |
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Commercial and industrial loans | 81,648 |
| Tier 1 Capital Ratio | 10.79 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.05 |
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Loans to individuals - Other | 697 |
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:· Drake Bank
