First State Bank of Le Center
Le Center, MN
IDRSSD: 986159
Total Assets
$111.20M
Latest filing
Total Deposits
$93.43M
Latest filing
Net Interest Margin
4.62%
Profitability
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 11/14/2025Established 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
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
First State Bank of Bigfork
Bigfork, Minnesota
→
Assets: $109.97MΔ -0.4%
Security State Bank of Aitkin
Aitkin, Minnesota
→
Assets: $112.07MΔ +1.5%
Heritage Bank Minnesota
West Concord, Minnesota
→
Assets: $112.10MΔ +1.6%
Farmers State Bank of Underwood
Underwood, Minnesota
→
Assets: $108.41MΔ -1.8%
Citizens State Bank of Waverly, Inc.
Waverly, Minnesota
→
Assets: $112.81MΔ +2.2%
Prairie Sun Bank
Milan, Minnesota
→
Assets: $113.95MΔ +3.2%
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 | 17 |
| 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 | 11/14/2025 |
| CERT | 9330 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $111.20M |
| Total Deposits | $93.43M |
| Total Liabilities | $99.46M |
| Total Equity Capital | $11.74M |
| Net Income | $509.00k |
| Net Loans and Leases | $72.92M |
| Assets Per Employee ($Millions) | $6.95M |
| Bank Premises and Fixed Assets | $696.00k |
| Cash and Balances due from Depository Institutions | $7.72M |
| Deposits Held in Domestic Offices | $93.43M |
Key Performance Ratios
| Return on Assets (ROA) | 1.84% |
| Return on Equity (ROE) | 17.78% |
| Net Interest Margin | 4.62% |
| Efficiency Ratio | 54.03% |
| Tier 1 Risk-Based Capital Ratio | 13.466% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.07% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.56% |
| Earning Assets to total Assets | 93.86% |
Income and Expense
| Total Interest Income | $1.52M |
| Total Noninterest Income | $60.00k |
| Total Interest Expense | $318.00k |
| Total Noninterest Expense | $684.00k |
| Net Interest Income | $1.21M |
| Pre-tax Net Operating Income | $562.00k |
| Provision for Credit Losses | $20.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $5.96M |
| Federal Funds Purchased and Repurchased Agreement | $5.00M |
| All Other Liabilities | $1.02M |
| Total Liabilities and Capital | $111.20M |
Securities
| Securities | $21.45M |
| Available-for-sale debt securities | $21.43M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| 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?
$111.20M as of the latest filing.
How much are First State Bank of Le Center's total deposits?
$93.43M in total deposits.
Where is First State Bank of Le Center located?
Le Center, MN.
What is the Net Interest Margin?
4.62%.
How many domestic offices does it operate?
2.
When was it established?
01/01/1902.
What is the Return on Assets (ROA)?
1.84%.
How much are total loans and leases?
$72.92M (latest filing).
What is the total interest income (latest filing)?
$1.52M.