First State Bank of Le Center
Le Center, MN
IDRSSD: 986159
Total Assets
$113.78M
Latest filing
Total Deposits
$95.94M
Latest filing
Net Interest Margin
4.54%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
First State Bank of Le Center
88 N Park Ave
Le Center, MN 56057
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1902FDIC Certificate 5984
Branches (1)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| First State Bank of Le Center (Main) | 88 N Park Ave | Le Center, MN |
| HENDERSON BRANCH | 239 Main St | Henderson, 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 | 01/01/1902 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 56057 |
| State and County Number | 27079 |
| 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 | Minneapolis-St. Paul-Bloomington, MN-WI |
Operational Info
| Number of Employees | 16 |
| Domestic Offices | 2 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.fsblecenter.com |
| Data Updated | 01/30/2026 |
| CERT | 9330 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $113.78M |
| Total Deposits | $95.94M |
| Total Liabilities | $101.83M |
| Total Equity Capital | $11.95M |
| Net Income | $267.00k |
| Net Loans and Leases | $74.59M |
| Assets Per Employee ($Millions) | $7.11M |
| Bank Premises and Fixed Assets | $677.00k |
| Cash and Balances due from Depository Institutions | $7.95M |
| Deposits Held in Domestic Offices | $95.94M |
Key Performance Ratios
| Return on Assets (ROA) | 0.95% |
| Return on Equity (ROE) | 9.02% |
| Net Interest Margin | 4.54% |
| Efficiency Ratio | 71.95% |
| Tier 1 Risk-Based Capital Ratio | 12.876% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.21% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.503% |
| Earning Assets to total Assets | 93.83% |
Income and Expense
| Total Interest Income | $1.51M |
| Total Noninterest Income | $64.00k |
| Total Interest Expense | $314.00k |
| Total Noninterest Expense | $908.00k |
| Net Interest Income | $1.20M |
| Pre-tax Net Operating Income | $294.00k |
| Provision for Credit Losses | $60.00k |
| 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 | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $6.40M |
| Federal Funds Purchased and Repurchased Agreement | $5.00M |
| All Other Liabilities | $890.00k |
| Total Liabilities and Capital | $113.78M |
Securities
| Securities | $21.77M |
| Available-for-sale debt securities | $21.75M |
| 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 of Le Center?
$113.78M as of the latest filing.
How much are First State Bank of Le Center's total deposits?
$95.94M in total deposits.
Where is First State Bank of Le Center located?
Le Center, MN.
What is the Net Interest Margin?
4.54%.
How many domestic offices does it operate?
2.
When was it established?
01/01/1902.
What is the Return on Assets (ROA)?
0.95%.
How much are total loans and leases?
$74.59M (latest filing).
What is the total interest income (latest filing)?
$1.51M.