|
 |
|
|
 State Bank of Fairmont
State Bank of Fairmont
| RSSD ID 723158 | CERTIFICATE 8541 | ABA NUMBER 91213806 |
| 918 E Blue Earth Ave |
Quarter Ended : |
2025-06-30 |
| Fairmont, Minnesota, 56031 |
Updated : |
2025-07-01 |
| www.sbof.com |
|
| Institution Profile |
| Year Opened : |
1917 |
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 : |
041 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
17 |
|
|
|
| Related Company Filings |
Regulator |
 WEB INC |
FED |
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 141,765 |
|
Total Interest Income | 4,371 |
| Total Liabilities | 128,110 |
|
Total NonInterest Income | 126 |
| Total Bank Equity Capital | 13,655 |
|
Total Interest Expense | 1,585 |
| Total Deposits | 127,731 |
|
Total NonInterest Expense | 1,685 |
| Net Loans & Leases | 109,028 |
|
Net Income | 1,127 |
| Loan Loss Allowance | 2,065 |
|
Net Charge Offs | 0 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 16,837 |
|
Total loans | 111,297 |
| Total assets for the leverage ratio | 143,113 |
|
Loans secured by real estate: | 53,121 |
| Tier 1 Leverage Ratio | 10.8 |
|
Commercial and industrial loans | 30,486 |
| Tier 1 Capital Ratio | 14.02 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 15.28 |
|
Loans to individuals - Other | 7,139 |
|
|
|
|
:· State Bank of Fairmont
