Reliance Bank
Faribault, MN
IDRSSD: 3596250
Total Assets
$324.60M
Latest filing
Total Deposits
$273.81M
Latest filing
Net Interest Margin
4.03%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
091918224FARIBAULT, MN
Key People
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Locations
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Main Office
Reliance Bank
2300 30th St Nw
Faribault, MN 55021
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/13/2007FDIC Certificate 458046
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Reliance Bank (Main) | 2300 30th St Nw | Faribault, 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
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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 | 08/13/2007 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55021 |
| State and County Number | 27131 |
| 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 | Faribault-Northfield, MN |
Operational Info
| Number of Employees | 42 |
| Domestic Offices | 1 |
| 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 | 08/13/2007 |
| Primary Insurance Agency | DIF |
| Website | https://www.reliancebankmn.com |
| Data Updated | 01/30/2026 |
| CERT | 58602 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $324.60M |
| Total Deposits | $273.81M |
| Total Liabilities | $297.00M |
| Total Equity Capital | $27.60M |
| Net Income | $663.00k |
| Net Loans and Leases | $244.29M |
| Assets Per Employee ($Millions) | $7.92M |
| Bank Premises and Fixed Assets | $2.87M |
| Cash and Balances due from Depository Institutions | $4.67M |
| Deposits Held in Domestic Offices | $273.81M |
Key Performance Ratios
| Return on Assets (ROA) | 0.83% |
| Return on Equity (ROE) | 9.76% |
| Net Interest Margin | 4.03% |
| Efficiency Ratio | 70.46% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.6% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.504% |
| Earning Assets to total Assets | 97.2% |
Income and Expense
| Total Interest Income | $5.22M |
| Total Noninterest Income | $234.00k |
| Total Interest Expense | $2.09M |
| Total Noninterest Expense | $2.37M |
| Net Interest Income | $3.13M |
| Pre-tax Net Operating Income | $513.00k |
| Provision for Credit Losses | $480.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $140.00k |
| Other borrowed funds | $19.82M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $3.36M |
| Total Liabilities and Capital | $324.60M |
Securities
| Securities | $67.74M |
| Available-for-sale debt securities | $67.22M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $526.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Reliance Bank?
$324.60M as of the latest filing.
How much are Reliance Bank's total deposits?
$273.81M in total deposits.
Where is Reliance Bank located?
Faribault, MN.
What is the Net Interest Margin?
4.03%.
How many domestic offices does it operate?
1.
When was it established?
08/13/2007.
What is the Return on Assets (ROA)?
0.83%.
How much are total loans and leases?
$244.29M (latest filing).
What is the total interest income (latest filing)?
$5.22M.