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 The First State Bank of Red Wing
The First State Bank of Red Wing
| RSSD ID 818559 | CERTIFICATE 8191 | ABA NUMBER 91912547 |
| 3209 S Service Dr |
Quarter Ended : |
2025-06-30 |
| Red Wing, Minnesota, 55066 |
Updated : |
2025-07-28 |
| www.firststatebankredwing.com |
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| Institution Profile |
| Year Opened : |
1915 |
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 : |
All Other Under 1 Billion |
| Number of Offices : |
3 |
Number of Employees : |
13 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 84,969 |
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Total Interest Income | 1,539 |
| Total Liabilities | 82,813 |
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Total NonInterest Income | 69 |
| Total Bank Equity Capital | 2,156 |
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Total Interest Expense | 595 |
| Total Deposits | 82,638 |
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Total NonInterest Expense | 1,031 |
| Net Loans & Leases | 34,944 |
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Net Income | (19) |
| Loan Loss Allowance | 305 |
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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 | 8,232 |
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Total loans | 33,623 |
| Total assets for the leverage ratio | 89,414 |
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Loans secured by real estate: | 25,245 |
| Tier 1 Leverage Ratio | 8.87 |
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Commercial and industrial loans | 1,933 |
| Tier 1 Capital Ratio | 20.21 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 20.99 |
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Loans to individuals - Other | 3,930 |
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:· The First State Bank of Red Wing
