First State Bank Minnesota
Le Roy, MN
IDRSSD: 60554
Total Assets
$109.35M
Latest filing
Total Deposits
$96.34M
Latest filing
Net Interest Margin
4.38%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
First State Bank Minnesota
102 W Main St
Le Roy, MN 55951
Full Service - Brick and Mortar
Updated 01/30/2026Established 06/01/1893FDIC Certificate 6503
Branches (1)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| First State Bank Minnesota (Main) | 102 W Main St | Le Roy, MN |
| SPRING VALLEY BRANCH | 1030 N Broadway St | Spring Valley, MN |
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
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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 | 06/01/1893 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55951 |
| State and County Number | 27099 |
| 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 | Austin, MN |
Operational Info
| Number of Employees | 13 |
| Domestic Offices | 2 |
| 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 | 01/04/1934 |
| Primary Insurance Agency | DIF |
| Website | www.fsbminnesota.com |
| Data Updated | 01/30/2026 |
| CERT | 10162 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $109.35M |
| Total Deposits | $96.34M |
| Total Liabilities | $97.78M |
| Total Equity Capital | $11.57M |
| Net Income | $469.00k |
| Net Loans and Leases | $80.04M |
| Assets Per Employee ($Millions) | $7.81M |
| Bank Premises and Fixed Assets | $641.00k |
| Cash and Balances due from Depository Institutions | $8.21M |
| Deposits Held in Domestic Offices | $96.34M |
Key Performance Ratios
| Return on Assets (ROA) | 1.79% |
| Return on Equity (ROE) | 16.5% |
| Net Interest Margin | 4.38% |
| Efficiency Ratio | 53.69% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.585% |
| Earning Assets to total Assets | 93.41% |
Income and Expense
| Total Interest Income | $1.35M |
| Total Noninterest Income | $32.00k |
| Total Interest Expense | $269.00k |
| Total Noninterest Expense | $596.00k |
| Net Interest Income | $1.08M |
| Pre-tax Net Operating Income | $514.00k |
| Provision for Credit Losses | $0 |
| 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 | $1.08M |
| Federal Funds Sold & Reverse Repurchase Agreement | $10.81M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $354.00k |
| Total Liabilities and Capital | $109.35M |
Securities
| Securities | $6.99M |
| Available-for-sale debt securities | $6.92M |
| 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 First State Bank Minnesota?
$109.35M as of the latest filing.
How much are First State Bank Minnesota's total deposits?
$96.34M in total deposits.
Where is First State Bank Minnesota located?
Le Roy, MN.
What is the Net Interest Margin?
4.38%.
How many domestic offices does it operate?
2.
When was it established?
06/01/1893.
What is the Return on Assets (ROA)?
1.79%.
How much are total loans and leases?
$80.04M (latest filing).
What is the total interest income (latest filing)?
$1.35M.