Freeport State Bank
Freeport, MN
IDRSSD: 72454
Total Assets
$171.93M
Latest filing
Total Deposits
$154.88M
Latest filing
Net Interest Margin
4.25%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Freeport State Bank
111 Main St E
Freeport, MN 56331
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1908FDIC Certificate 5234
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Freeport State Bank (Main) | 111 Main St E | Freeport, MN |
| MELROSE BRANCH | 219 E Main St | Melrose, MN |
| GREENWALD BRANCH | 450 1st Avenue North | Greenwald, 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 | 01/01/1908 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 56331 |
| State and County Number | 27145 |
| Subchapter S Corporations | No |
| 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 | St. Cloud, MN |
Operational Info
| Number of Employees | 21 |
| Domestic Offices | 3 |
| 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.freeportstatebank.com |
| Data Updated | 11/14/2025 |
| CERT | 8210 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $171.93M |
| Total Deposits | $154.88M |
| Total Liabilities | $156.12M |
| Total Equity Capital | $15.81M |
| Net Income | $464.00k |
| Net Loans and Leases | $108.99M |
| Assets Per Employee ($Millions) | $8.19M |
| Bank Premises and Fixed Assets | $2.50M |
| Cash and Balances due from Depository Institutions | $13.01M |
| Deposits Held in Domestic Offices | $154.88M |
Key Performance Ratios
| Return on Assets (ROA) | 1.09% |
| Return on Equity (ROE) | 11.95% |
| Net Interest Margin | 4.25% |
| Efficiency Ratio | 63.66% |
| Tier 1 Risk-Based Capital Ratio | 14.708% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.04% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.196% |
| Earning Assets to total Assets | 95.45% |
Income and Expense
| Total Interest Income | $2.24M |
| Total Noninterest Income | $36.00k |
| Total Interest Expense | $513.00k |
| Total Noninterest Expense | $1.12M |
| Net Interest Income | $1.73M |
| Pre-tax Net Operating Income | $625.00k |
| Provision for Credit Losses | $15.00k |
| 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 | $5.40M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.24M |
| Total Liabilities and Capital | $171.93M |
Securities
| Securities | $40.10M |
| Available-for-sale debt securities | $15.62M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $24.44M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Freeport State Bank?
$171.93M as of the latest filing.
How much are Freeport State Bank's total deposits?
$154.88M in total deposits.
Where is Freeport State Bank located?
Freeport, MN.
What is the Net Interest Margin?
4.25%.
How many domestic offices does it operate?
3.
When was it established?
01/01/1908.
What is the Return on Assets (ROA)?
1.09%.
How much are total loans and leases?
$108.99M (latest filing).
What is the total interest income (latest filing)?
$2.24M.