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 First State Bank of Sauk Centre
First State Bank of Sauk Centre
| RSSD ID 769156 | CERTIFICATE 8831 | ABA NUMBER 91902049 |
| 423 Main St S |
Quarter Ended : |
2024-12-31 |
| Sauk Centre, Minnesota, 56378 |
Updated : |
2025-01-30 |
| Institution Profile |
| Year Opened : |
1880 |
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 Employees : |
14 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 143,178 |
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Total Interest Income | 7,076 |
| Total Liabilities | 131,333 |
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Total NonInterest Income | 310 |
| Total Bank Equity Capital | 11,845 |
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Total Interest Expense | 3,646 |
| Total Deposits | 130,162 |
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Total NonInterest Expense | 2,821 |
| Net Loans & Leases | 76,271 |
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Net Income | 266 |
| Loan Loss Allowance | 840 |
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Net Charge Offs | 666 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 13,254 |
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Total loans | 77,671 |
| Total assets for the leverage ratio | 142,691 |
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Loans secured by real estate: | 57,458 |
| Tier 1 Leverage Ratio | 8.7 |
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Commercial and industrial loans | 11,289 |
| Tier 1 Capital Ratio | 15.27 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.3 |
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Loans to individuals - Other | 4,025 |
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:· First State Bank of Sauk Centre
