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First State Bank of Le Center
First State Bank of Le Center
| RSSD ID 986159 | CERTIFICATE 9330 | ABA NUMBER 91904267 |
| 88 N Park Ave |
Quarter Ended : |
2025-06-30 |
| Le Center, Minnesota, 56057 |
Updated : |
2025-07-29 |
| www.fsblecenter.com |
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| Institution Profile |
| Year Opened : |
1902 |
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 : |
Agricultural Specialization |
| Number of Offices : |
2 |
Number of Employees : |
17 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 110,378 |
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Total Interest Income | 2,792 |
| Total Liabilities | 99,217 |
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Total NonInterest Income | 119 |
| Total Bank Equity Capital | 11,161 |
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Total Interest Expense | 583 |
| Total Deposits | 93,291 |
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Total NonInterest Expense | 1,423 |
| Net Loans & Leases | 70,171 |
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Net Income | 593 |
| Loan Loss Allowance | 1,078 |
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Net Charge Offs | (3) |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 12,630 |
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Total loans | 71,341 |
| Total assets for the leverage ratio | 109,281 |
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Loans secured by real estate: | 36,285 |
| Tier 1 Leverage Ratio | 10.57 |
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Commercial and industrial loans | 10,287 |
| Tier 1 Capital Ratio | 12.44 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.6 |
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Loans to individuals - Other | 6,986 |
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