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 First Resource Bank
First Resource Bank
| RSSD ID 3314043 | CERTIFICATE 58039 | ABA NUMBER 91916899 |
| 7449 Village Dr |
Quarter Ended : |
2025-06-30 |
| Lino Lakes, Minnesota, 55014 |
Updated : |
2025-07-22 |
| www.myfrbank.com |
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| Institution Profile |
| Year Opened : |
2005 |
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 : |
6 |
Number of Employees : |
72 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 735,920 |
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Total Interest Income | 18,858 |
| Total Liabilities | 674,430 |
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Total NonInterest Income | 674 |
| Total Bank Equity Capital | 61,490 |
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Total Interest Expense | 7,228 |
| Total Deposits | 601,581 |
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Total NonInterest Expense | 7,755 |
| Net Loans & Leases | 607,260 |
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Net Income | 2,756 |
| Loan Loss Allowance | 6,945 |
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Net Charge Offs | 24 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 63,232 |
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Total loans | 600,385 |
| Total assets for the leverage ratio | 695,045 |
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Loans secured by real estate: | 443,070 |
| Tier 1 Leverage Ratio | 8.13 |
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Commercial and industrial loans | 114,720 |
| Tier 1 Capital Ratio | 10.51 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.77 |
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Loans to individuals - Other | 6,304 |
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:· First Resource Bank
