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 First State Bank Southwest
First State Bank Southwest
| RSSD ID 823656 | CERTIFICATE 9770 | ABA NUMBER 91206101 |
| 202 2nd St Se |
Quarter Ended : |
2025-03-31 |
| Pipestone, Minnesota, 56164 |
Updated : |
2025-04-11 |
| www.firststatebanksw.com |
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| Institution Profile |
| Year Opened : |
1903 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
6 |
Number of Employees : |
49 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 393,516 |
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Total Interest Income | 4,348 |
| Total Liabilities | 373,675 |
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Total NonInterest Income | 688 |
| Total Bank Equity Capital | 19,841 |
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Total Interest Expense | 1,698 |
| Total Deposits | 340,631 |
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Total NonInterest Expense | 2,418 |
| Net Loans & Leases | 215,060 |
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Net Income | 677 |
| Loan Loss Allowance | 2,432 |
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Net Charge Offs | (20) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 41,169 |
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Total loans | 214,453 |
| Total assets for the leverage ratio | 415,681 |
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Loans secured by real estate: | 140,419 |
| Tier 1 Leverage Ratio | 9.32 |
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Commercial and industrial loans | 22,686 |
| Tier 1 Capital Ratio | 16.06 |
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Loans to individuals - Credit Cards | 639 |
| Total Capital Ratio | 17.07 |
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Loans to individuals - Other | 8,438 |
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:· First State Bank Southwest
