Root River State Bank

Chatfield, MN
IDRSSD: 309851
Total Assets
$85.90M
Latest filing
Total Deposits
$79.42M
Latest filing
Net Interest Margin
2.13%
Profitability

Key People

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Locations

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Main Office
Root River State Bank
18 3rd St Se
Chatfield, MN 55923
Full Service - Brick and Mortar
Updated 01/30/2026Established 11/25/1856FDIC Certificate 743

Branches (0)

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NameAddressCity / State
No branch data available.
Root River State Bank (Main)18 3rd St SeChatfield, 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 member, supervised by FRB
Primary RegulatorFED
Established Date11/25/1856
Community BankYes
Ownership TypeNot Mutual
ZIP55923
State and County Number27045
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameRochester, MN

Operational Info

Number of Employees10
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.rootriverstatebank.com
Data Updated01/30/2026
CERT1098
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$85.90M
Total Deposits$79.42M
Total Liabilities$79.60M
Total Equity Capital$6.30M
Net Income$7.00k
Net Loans and Leases$28.36M
Assets Per Employee ($Millions)$9.54M
Bank Premises and Fixed Assets$384.00k
Cash and Balances due from Depository Institutions$8.83M
Deposits Held in Domestic Offices$79.42M

Key Performance Ratios

Return on Assets (ROA)0.03%
Return on Equity (ROE)0.45%
Net Interest Margin2.13%
Efficiency Ratio99.12%
Tier 1 Risk-Based Capital Ratio19.647%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.334%
Earning Assets to total Assets92.7%

Income and Expense

Total Interest Income$754.00k
Total Noninterest Income$37.00k
Total Interest Expense$339.00k
Total Noninterest Expense$448.00k
Net Interest Income$415.00k
Pre-tax Net Operating Income$4.00k
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$0
Federal Funds Sold & Reverse Repurchase Agreement$4.00M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$178.00k
Total Liabilities and Capital$85.90M

Securities

Securities$40.28M
Available-for-sale debt securities$39.59M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$686.00k
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Root River State Bank?
$85.90M as of the latest filing.
How much are Root River State Bank's total deposits?
$79.42M in total deposits.
Where is Root River State Bank located?
Chatfield, MN.
What is the Net Interest Margin?
2.13%.
How many domestic offices does it operate?
1.
When was it established?
11/25/1856.
What is the Return on Assets (ROA)?
0.03%.
How much are total loans and leases?
$28.36M (latest filing).
What is the total interest income (latest filing)?
$754.00k.