|
 |
 |
|
The State Bank of Faribault
|
The State Bank of Faribault
| RSSD ID 46053 | CERTIFICATE 1610 | ABA NUMBER 91900559 |
| 428 Central Ave N |
Quarter Ended : |
2026-03-31 |
| Faribault, Minnesota, 55021 |
Updated : |
2026-04-27 |
| www.tsbf.com |
|
| Institution Profile |
| Year Opened : |
1919 |
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 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
46 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
|
Income Statement (USD, in thousands, ytd) |
| Total Assets | 323,153 |
|
Total Interest Income | 4,036 |
| Total Liabilities | 300,472 |
|
Total NonInterest Income | 678 |
| Total Bank Equity Capital | 22,681 |
|
Total Interest Expense | 1,057 |
| Total Deposits | 296,570 |
|
Total NonInterest Expense | 2,568 |
| Net Loans & Leases | 177,722 |
|
Net Income | 924 |
| Loan Loss Allowance | 3,381 |
|
Net Charge Offs | (31) |
|
|
|
| Regulatory Capital |
|
Quarterly Averages (USD, in thousands) |
| Total capital | 32,569 |
|
Total loans | 179,811 |
| Total assets for the leverage ratio | 319,680 |
|
Loans secured by real estate: | 139,173 |
| Tier 1 Leverage Ratio | 9.31 |
|
Commercial and industrial loans | 28,058 |
| Tier 1 Capital Ratio | 13.22 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.47 |
|
Loans to individuals - Other | 6,596 |
|
|
|
|