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Ipswich State Bank
Ipswich State Bank
RSSD ID 532453 | CERTIFICATE 15593 | ABA NUMBER 91408792 |
301 First Avenue |
Quarter Ended : |
2025-03-31 |
Ipswich, South Dakota, 57451 |
Updated : |
2025-04-18 |
www.isbipswich.com |
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Institution Profile |
Year Opened : |
1938 |
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 : |
Agricultural Specialization |
Number of Offices : |
1 |
Number of Employees : |
7 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 68,513 |
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Total Interest Income | 758 |
Total Liabilities | 58,306 |
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Total NonInterest Income | 18 |
Total Bank Equity Capital | 10,207 |
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Total Interest Expense | 199 |
Total Deposits | 57,556 |
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Total NonInterest Expense | 288 |
Net Loans & Leases | 27,426 |
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Net Income | 281 |
Loan Loss Allowance | 255 |
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Net Charge Offs | 0 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 10,708 |
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Total loans | 28,242 |
Total assets for the leverage ratio | 68,817 |
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Loans secured by real estate: | 9,350 |
Tier 1 Leverage Ratio | 15.19 |
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Commercial and industrial loans | 1,533 |
Tier 1 Capital Ratio | 30.56 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 31.3 |
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Loans to individuals - Other | 806 |
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