|
 |
 |
|
Rushford State Bank (Incorporated)
Rushford State Bank (Incorporated)
| RSSD ID 884657 | CERTIFICATE 11411 | ABA NUMBER 91203544 |
| 219 S Mill St |
Quarter Ended : |
2025-09-30 |
| Rushford, Minnesota, 55971 |
Updated : |
2025-10-29 |
| www.rushfordstatebank.com |
|
| Institution Profile |
| Year Opened : |
1867 |
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 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
2 |
Number of Employees : |
15 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
|
Income Statement (USD, in thousands, ytd) |
| Total Assets | 106,670 |
|
Total Interest Income | 4,000 |
| Total Liabilities | 99,671 |
|
Total NonInterest Income | 154 |
| Total Bank Equity Capital | 6,999 |
|
Total Interest Expense | 1,362 |
| Total Deposits | 99,309 |
|
Total NonInterest Expense | 1,899 |
| Net Loans & Leases | 62,057 |
|
Net Income | 893 |
| Loan Loss Allowance | 471 |
|
Net Charge Offs | (3) |
|
|
|
| Regulatory Capital |
|
Quarterly Averages (USD, in thousands) |
| Total capital | 7,642 |
|
Total loans | 61,729 |
| Total assets for the leverage ratio | 103,748 |
|
Loans secured by real estate: | 47,235 |
| Tier 1 Leverage Ratio | 6.91 |
|
Commercial and industrial loans | 5,445 |
| Tier 1 Capital Ratio | 11.8 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.57 |
|
Loans to individuals - Other | 4,011 |
|
|
|
|