First Southeast Bank
Harmony, MN
IDRSSD: 22552
Total Assets
$155.12M
Latest filing
Total Deposits
$117.18M
Latest filing
Net Interest Margin
4.25%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
First Southeast Bank
3 Main Ave N
Harmony, MN 55939
Full Service - Brick and Mortar
Updated 01/30/2026Established 03/15/1893FDIC Certificate 6777
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| First Southeast Bank (Main) | 3 Main Ave N | Harmony, MN |
| CANTON BRANCH | 111 N Main St | Canton, MN |
| GRANGER BRANCH | 50 Main Street | Granger, MN |
Showing 2 of 2
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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 03/15/1893 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55939 |
| State and County Number | 27045 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Rochester, MN |
Operational Info
| Number of Employees | 22 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | http://www.firstsoutheastbank.com |
| Data Updated | 01/30/2026 |
| CERT | 10576 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $155.12M |
| Total Deposits | $117.18M |
| Total Liabilities | $143.56M |
| Total Equity Capital | $11.56M |
| Net Income | $565.00k |
| Net Loans and Leases | $131.76M |
| Assets Per Employee ($Millions) | $7.76M |
| Bank Premises and Fixed Assets | $2.15M |
| Cash and Balances due from Depository Institutions | $2.89M |
| Deposits Held in Domestic Offices | $117.18M |
Key Performance Ratios
| Return on Assets (ROA) | 1.48% |
| Return on Equity (ROE) | 19.82% |
| Net Interest Margin | 4.25% |
| Efficiency Ratio | 61.27% |
| Tier 1 Risk-Based Capital Ratio | 9.624% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.08% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 7.455% |
| Earning Assets to total Assets | 94.85% |
Income and Expense
| Total Interest Income | $2.27M |
| Total Noninterest Income | $-9,000 |
| Total Interest Expense | $731.00k |
| Total Noninterest Expense | $938.00k |
| Net Interest Income | $1.54M |
| Pre-tax Net Operating Income | $563.00k |
| Provision for Credit Losses | $30.00k |
| 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 | $1.12M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $24.90M |
| All Other Liabilities | $356.00k |
| Total Liabilities and Capital | $155.12M |
Securities
| Securities | $14.85M |
| Available-for-sale debt securities | $12.56M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $2.21M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First Southeast Bank?
$155.12M as of the latest filing.
How much are First Southeast Bank's total deposits?
$117.18M in total deposits.
Where is First Southeast Bank located?
Harmony, MN.
What is the Net Interest Margin?
4.25%.
How many domestic offices does it operate?
3.
When was it established?
03/15/1893.
What is the Return on Assets (ROA)?
1.48%.
How much are total loans and leases?
$131.76M (latest filing).
What is the total interest income (latest filing)?
$2.27M.