Peoples State Bank of Velva
Velva, ND
IDRSSD: 713252
Total Assets
$189.07M
Latest filing
Total Deposits
$165.95M
Latest filing
Net Interest Margin
3.85%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Peoples State Bank of Velva
101 Main St N
Velva, ND 58790
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1915FDIC Certificate 6571
Branches (1)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Peoples State Bank of Velva (Main) | 101 Main St N | Velva, ND |
| PEOPLES STATE BANK - MINOT | 37th Street | Minot, ND |
Showing 1 of 1
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 | 01/01/1915 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 58790 |
| State and County Number | 38049 |
| 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 | Minot, ND |
Operational Info
| Number of Employees | 19 |
| Domestic Offices | 2 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.psbvelva.com |
| Data Updated | 01/30/2026 |
| CERT | 10250 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $189.07M |
| Total Deposits | $165.95M |
| Total Liabilities | $171.75M |
| Total Equity Capital | $17.32M |
| Net Income | $692.00k |
| Net Loans and Leases | $137.57M |
| Assets Per Employee ($Millions) | $9.45M |
| Bank Premises and Fixed Assets | $2.16M |
| Cash and Balances due from Depository Institutions | $2.84M |
| Deposits Held in Domestic Offices | $165.95M |
Key Performance Ratios
| Return on Assets (ROA) | 1.47% |
| Return on Equity (ROE) | 16.43% |
| Net Interest Margin | 3.85% |
| Efficiency Ratio | 61.4% |
| Tier 1 Risk-Based Capital Ratio | 12.774% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.163% |
| Earning Assets to total Assets | 95.27% |
Income and Expense
| Total Interest Income | $2.69M |
| Total Noninterest Income | $63.00k |
| Total Interest Expense | $973.00k |
| Total Noninterest Expense | $1.10M |
| Net Interest Income | $1.72M |
| Pre-tax Net Operating Income | $689.00k |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $4.50M |
| Federal Funds Sold & Reverse Repurchase Agreement | $2.25M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.30M |
| Total Liabilities and Capital | $189.07M |
Securities
| Securities | $39.69M |
| Available-for-sale debt securities | $39.62M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Peoples State Bank of Velva?
$189.07M as of the latest filing.
How much are Peoples State Bank of Velva's total deposits?
$165.95M in total deposits.
Where is Peoples State Bank of Velva located?
Velva, ND.
What is the Net Interest Margin?
3.85%.
How many domestic offices does it operate?
2.
When was it established?
01/01/1915.
What is the Return on Assets (ROA)?
1.47%.
How much are total loans and leases?
$137.57M (latest filing).
What is the total interest income (latest filing)?
$2.69M.