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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 : |
2025-06-30 |
| Pipestone, Minnesota, 56164 |
Updated : |
2025-07-28 |
| 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 | 391,186 |
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Total Interest Income | 8,778 |
| Total Liabilities | 369,033 |
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Total NonInterest Income | 1,524 |
| Total Bank Equity Capital | 22,153 |
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Total Interest Expense | 3,425 |
| Total Deposits | 334,048 |
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Total NonInterest Expense | 4,858 |
| Net Loans & Leases | 214,688 |
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Net Income | 1,554 |
| Loan Loss Allowance | 2,581 |
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Net Charge Offs | (19) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 42,084 |
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Total loans | 216,774 |
| Total assets for the leverage ratio | 416,421 |
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Loans secured by real estate: | 144,486 |
| Tier 1 Leverage Ratio | 9.49 |
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Commercial and industrial loans | 22,272 |
| Tier 1 Capital Ratio | 16.38 |
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Loans to individuals - Credit Cards | 645 |
| Total Capital Ratio | 17.45 |
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Loans to individuals - Other | 8,563 |
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:· First State Bank Southwest
