New Market Bank

Elko New Market, MN
IDRSSD: 165758
Total Assets
$184.33M
Latest filing
Total Deposits
$166.58M
Latest filing
Net Interest Margin
4.18%
Profitability

Locations

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Main Office
New Market Bank
101 Old Town Rd
Elko New Market, MN 55054
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/10/1905FDIC Certificate 1296

Branches (2)

Page 1 of 1
NameAddressCity / State
New Market Bank (Main)101 Old Town RdElko New Market, MN
LAKE MARION BRANCH20151 Icenic TrlLakeville, MN
PRIOR LAKE BRANCH4719 Park Nicollet Ave SePrior Lake, 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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date06/10/1905
Community BankYes
Ownership TypeNot Mutual
ZIP55054
State and County Number27139
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 NameMinneapolis-St. Paul-Bloomington, MN-WI

Operational Info

Number of Employees35
Domestic Offices3
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.newmarket.bank
Data Updated11/14/2025
CERT1931
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$184.33M
Total Deposits$166.58M
Total Liabilities$168.73M
Total Equity Capital$15.60M
Net Income$223.00k
Net Loans and Leases$113.13M
Assets Per Employee ($Millions)$5.12M
Bank Premises and Fixed Assets$1.33M
Cash and Balances due from Depository Institutions$19.99M
Deposits Held in Domestic Offices$166.58M

Key Performance Ratios

Return on Assets (ROA)0.48%
Return on Equity (ROE)5.65%
Net Interest Margin4.18%
Efficiency Ratio70.08%
Tier 1 Risk-Based Capital Ratio9.473%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.03%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.465%
Earning Assets to total Assets94.08%

Income and Expense

Total Interest Income$2.32M
Total Noninterest Income$363.00k
Total Interest Expense$477.00k
Total Noninterest Expense$1.55M
Net Interest Income$1.84M
Pre-tax Net Operating Income$648.00k
Provision for Credit Losses$12.00k
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$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.15M
Total Liabilities and Capital$184.33M

Securities

Securities$44.09M
Available-for-sale debt securities$44.09M
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 New Market Bank?
$184.33M as of the latest filing.
How much are New Market Bank's total deposits?
$166.58M in total deposits.
Where is New Market Bank located?
Elko New Market, MN.
What is the Net Interest Margin?
4.18%.
How many domestic offices does it operate?
3.
When was it established?
06/10/1905.
What is the Return on Assets (ROA)?
0.48%.
How much are total loans and leases?
$113.13M (latest filing).
What is the total interest income (latest filing)?
$2.32M.