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 Glenwood State Bank (Incorporated)
Glenwood State Bank (Incorporated)
| RSSD ID 975854 | CERTIFICATE 8853 | ABA NUMBER 91902023 |
| 5 E Minnesota Ave |
Quarter Ended : |
2025-06-30 |
| Glenwood, Minnesota, 56334 |
Updated : |
2025-07-30 |
| www.glenwoodstate.bank |
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| Institution Profile |
| Year Opened : |
1907 |
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 : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
72 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 545,464 |
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Total Interest Income | 15,790 |
| Total Liabilities | 494,386 |
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Total NonInterest Income | 859 |
| Total Bank Equity Capital | 51,078 |
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Total Interest Expense | 6,510 |
| Total Deposits | 474,870 |
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Total NonInterest Expense | 6,162 |
| Net Loans & Leases | 501,587 |
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Net Income | 3,894 |
| Loan Loss Allowance | 5,758 |
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Net Charge Offs | 119 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 57,109 |
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Total loans | 495,364 |
| Total assets for the leverage ratio | 540,386 |
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Loans secured by real estate: | 358,699 |
| Tier 1 Leverage Ratio | 9.5 |
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Commercial and industrial loans | 81,075 |
| Tier 1 Capital Ratio | 10.58 |
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Loans to individuals - Credit Cards | 847 |
| Total Capital Ratio | 11.77 |
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Loans to individuals - Other | 9,414 |
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:· Glenwood State Bank (Incorporated)
