Global Innovations Bank

Kiester, MN
IDRSSD: 1015458
Total Assets
$95.62M
Latest filing
Total Deposits
$86.57M
Latest filing
Net Interest Margin
3.67%
Profitability

Locations

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Main Office
Global Innovations Bank
101 N Main St
Kiester, MN 56051
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1889FDIC Certificate 3466

Branches (0)

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NameAddressCity / State
No branch data available.
Global Innovations Bank (Main)101 N Main StKiester, MN

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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1889
Community BankYes
Ownership TypeNot Mutual
ZIP56051
State and County Number27043
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameN/A

Operational Info

Number of Employees25
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.gibank.com
Data Updated11/14/2025
CERT5175
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$95.62M
Total Deposits$86.57M
Total Liabilities$87.13M
Total Equity Capital$8.49M
Net Income$247.00k
Net Loans and Leases$52.81M
Assets Per Employee ($Millions)$3.98M
Bank Premises and Fixed Assets$326.00k
Cash and Balances due from Depository Institutions$35.15M
Deposits Held in Domestic Offices$86.57M

Key Performance Ratios

Return on Assets (ROA)1.02%
Return on Equity (ROE)11.81%
Net Interest Margin3.67%
Efficiency Ratio80.96%
Tier 1 Risk-Based Capital Ratio14.736%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.07%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.879%
Earning Assets to total Assets64.04%

Income and Expense

Total Interest Income$1.09M
Total Noninterest Income$1.23M
Total Interest Expense$521.00k
Total Noninterest Expense$1.45M
Net Interest Income$569.00k
Pre-tax Net Operating Income$326.00k
Provision for Credit Losses$16.00k
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$5.27M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$567.00k
Total Liabilities and Capital$95.62M

Securities

Securities$217.00k
Available-for-sale debt securities$154.00k
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 Global Innovations Bank?
$95.62M as of the latest filing.
How much are Global Innovations Bank's total deposits?
$86.57M in total deposits.
Where is Global Innovations Bank located?
Kiester, MN.
What is the Net Interest Margin?
3.67%.
How many domestic offices does it operate?
1.
When was it established?
01/01/1889.
What is the Return on Assets (ROA)?
1.02%.
How much are total loans and leases?
$52.81M (latest filing).
What is the total interest income (latest filing)?
$1.09M.