Visbanking Logo

First State Bank of Sauk Centre

Sauk Centre, MN
IDRSSD: 769156
Total Assets
$143.18M
Latest filing
Total Deposits
$130.16M
Latest filing
Net Interest Margin
2.43%
Profitability
0

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

Minnesota National Bank
Sauk Centre, Minnesota
→
Assets: $295.61MΔ +106.5%
Security Bank Minnesota
Albert Lea, Minnesota
→
Assets: $143.89MΔ +0.5%
Northwoods Bank of Minnesota
Park Rapids, Minnesota
→
Assets: $142.32MΔ -0.6%
State Bank of Fairmont
Fairmont, Minnesota
→
Assets: $141.13MΔ -1.4%
Lake Region Bank
New London, Minnesota
→
Assets: $145.36MΔ +1.5%
Prime Security Bank
Karlstad, Minnesota
→
Assets: $145.52MΔ +1.6%

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date09/01/1880
Community BankYes
Ownership TypeNot Mutual
ZIP56378
State and County Number27145
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitution closed or not insured by FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameSt. Cloud, MN

Operational Info

Number of Employees14
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date01/01/2025
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
WebsiteN/A
Data Updated11/28/2025
CERT8831
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$143.18M
Total Deposits$130.16M
Total Liabilities$131.33M
Total Equity Capital$11.85M
Net Income$-311,000
Net Loans and Leases$76.27M
Assets Per Employee ($Millions)$10.23M
Bank Premises and Fixed Assets$1.50M
Cash and Balances due from Depository Institutions$24.14M
Deposits Held in Domestic Offices$130.16M

Key Performance Ratios

Return on Assets (ROA)-0.86%
Return on Equity (ROE)-9.54%
Net Interest Margin2.43%
Efficiency Ratio88.36%
Tier 1 Risk-Based Capital Ratio15.268%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets1.52%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.273%
Earning Assets to total Assets95.79%

Income and Expense

Total Interest Income$1.61M
Total Noninterest Income$60.00k
Total Interest Expense$773.00k
Total Noninterest Expense$797.00k
Net Interest Income$842.00k
Pre-tax Net Operating Income$-445,000
Provision for Credit Losses$550.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets—
Other Real Estate Owned$214.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.17M
Total Liabilities and Capital$143.18M

Securities

Securities$37.12M
Available-for-sale debt securities$36.85M
Equity securities with readily determinable fair values not held for trading—
Held-to-maturity securities$275.00k
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First State Bank of Sauk Centre?
$143.18M as of the latest filing.
How much are First State Bank of Sauk Centre's total deposits?
$130.16M in total deposits.
Where is First State Bank of Sauk Centre located?
Sauk Centre, MN.
What is the Net Interest Margin?
2.43%.
How many domestic offices does it operate?
2.
When was it established?
09/01/1880.
What is the Return on Assets (ROA)?
-0.86%.
How much are total loans and leases?
$76.27M (latest filing).
What is the total interest income (latest filing)?
$1.61M.