|
 |
|
|
 Vergas State Bank
Vergas State Bank
| RSSD ID 804150 | CERTIFICATE 9747 | ABA NUMBER 91208222 |
| 106 E Main St |
Quarter Ended : |
2025-06-30 |
| Vergas, Minnesota, 56587 |
Updated : |
2025-07-24 |
| www.vergasstatebank.com |
|
| Institution Profile |
| Year Opened : |
1909 |
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 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
8 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 55,743 |
|
Total Interest Income | 1,354 |
| Total Liabilities | 47,498 |
|
Total NonInterest Income | 27 |
| Total Bank Equity Capital | 8,245 |
|
Total Interest Expense | 358 |
| Total Deposits | 47,345 |
|
Total NonInterest Expense | 631 |
| Net Loans & Leases | 29,322 |
|
Net Income | 326 |
| Loan Loss Allowance | 414 |
|
Net Charge Offs | 0 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 29,272 |
| Total assets for the leverage ratio | 54,735 |
|
Loans secured by real estate: | 21,067 |
| Tier 1 Leverage Ratio | 15.22 |
|
Commercial and industrial loans | 3,763 |
| Off Balance Sheet Exposures (%) | 5.76 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 2,673 |
|
|
|
|
:· Vergas State Bank
