Aspire Bank

Fargo, ND
IDRSSD: 668053
Total Assets
$61.95M
Latest filing
Total Deposits
$50.88M
Latest filing
Net Interest Margin
4.34%
Profitability

Key People

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Locations

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Main Office
Aspire Bank
5195 45th St S
Fargo, ND 58104
Full Service - Brick and Mortar
Updated 04/10/2026Established 09/19/1905FDIC Certificate 2565

Branches (1)

Page 1 of 1
NameAddressCity / State
Aspire Bank (Main)5195 45th St SFargo, ND
HATTON BRANCH415 7th StHatton, ND
Showing 1 of 1

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date09/19/1905
Community BankYes
Ownership TypeNot Mutual
ZIP58104
State and County Number38017
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameFargo, ND-MN

Operational Info

Number of Employees11
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websiteaspirebanks.com
Data Updated04/10/2026
CERT3934
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$61.95M
Total Deposits$50.88M
Total Liabilities$54.80M
Total Equity Capital$7.15M
Net Income$165.00k
Net Loans and Leases$54.99M
Assets Per Employee ($Millions)$5.63M
Bank Premises and Fixed Assets$351.00k
Cash and Balances due from Depository Institutions$1.34M
Deposits Held in Domestic Offices$50.88M

Key Performance Ratios

Return on Assets (ROA)1.06%
Return on Equity (ROE)9.34%
Net Interest Margin4.34%
Efficiency Ratio65.44%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.03%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.539%
Earning Assets to total Assets94.7%

Income and Expense

Total Interest Income$948.00k
Total Noninterest Income$7.00k
Total Interest Expense$304.00k
Total Noninterest Expense$426.00k
Net Interest Income$644.00k
Pre-tax Net Operating Income$220.00k
Provision for Credit Losses$5.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$3.50M
Federal Funds Sold & Reverse Repurchase Agreement$3.56M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$422.00k
Total Liabilities and Capital$61.95M

Securities

Securities$6.00k
Available-for-sale debt securities$6.00k
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Aspire Bank?
$61.95M as of the latest filing.
How much are Aspire Bank's total deposits?
$50.88M in total deposits.
Where is Aspire Bank located?
Fargo, ND.
What is the Net Interest Margin?
4.34%.
How many domestic offices does it operate?
2.
When was it established?
09/19/1905.
What is the Return on Assets (ROA)?
1.06%.
How much are total loans and leases?
$54.99M (latest filing).
What is the total interest income (latest filing)?
$948.00k.