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Freeport State Bank
Freeport State Bank
| RSSD ID 72454 | CERTIFICATE 8210 | ABA NUMBER 91907578 |
| 111 Main St E |
Quarter Ended : |
2025-06-30 |
| Freeport, Minnesota, 56331 |
Updated : |
2025-07-22 |
| www.freeportstatebank.com |
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| Institution Profile |
| Year Opened : |
1908 |
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 : |
Agricultural Specialization |
| Number of Offices : |
3 |
Number of Employees : |
21 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 168,188 |
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Total Interest Income | 4,338 |
| Total Liabilities | 152,938 |
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Total NonInterest Income | 99 |
| Total Bank Equity Capital | 15,250 |
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Total Interest Expense | 1,041 |
| Total Deposits | 151,926 |
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Total NonInterest Expense | 2,180 |
| Net Loans & Leases | 108,515 |
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Net Income | 881 |
| Loan Loss Allowance | 908 |
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Net Charge Offs | (6) |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 17,213 |
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Total loans | 105,116 |
| Total assets for the leverage ratio | 170,305 |
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Loans secured by real estate: | 67,838 |
| Tier 1 Leverage Ratio | 9.57 |
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Commercial and industrial loans | 13,518 |
| Tier 1 Capital Ratio | 14.49 |
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Loans to individuals - Credit Cards | 341 |
| Total Capital Ratio | 15.3 |
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Loans to individuals - Other | 3,192 |
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