Sherburne State Bank
Becker, MN
IDRSSD: 198251
Total Assets
$337.42M
Latest filing
Total Deposits
$278.90M
Latest filing
Net Interest Margin
4.60%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
091915201BECKER, MN
Key People
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Locations
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Main Office
Sherburne State Bank
12500 Sherburne Avenue
Becker, MN 55308
Full Service - Brick and Mortar
Updated 01/30/2026Established 09/07/1920FDIC Certificate 6510
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Sherburne State Bank (Main) | 12500 Sherburne Avenue | Becker, MN |
| PRINCETON BRANCH | 136 N Rum River Dr | Princeton, MN |
| MONTICELLO BRANCH | 1200 Highway 25 S | Monticello, 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
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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 | 09/07/1920 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55308 |
| State and County Number | 27141 |
| Subchapter S Corporations | No |
| 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 | Minneapolis-St. Paul-Bloomington, MN-WI |
Operational Info
| Number of Employees | 47 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 01/25/2013 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.sherburnestatebank.com |
| Data Updated | 01/30/2026 |
| CERT | 10169 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $337.42M |
| Total Deposits | $278.90M |
| Total Liabilities | $308.64M |
| Total Equity Capital | $28.78M |
| Net Income | $1.36M |
| Net Loans and Leases | $261.21M |
| Assets Per Employee ($Millions) | $7.5M |
| Bank Premises and Fixed Assets | $3.98M |
| Cash and Balances due from Depository Institutions | $3.88M |
| Deposits Held in Domestic Offices | $278.90M |
Key Performance Ratios
| Return on Assets (ROA) | 1.65% |
| Return on Equity (ROE) | 19.48% |
| Net Interest Margin | 4.6% |
| Efficiency Ratio | 44.47% |
| Tier 1 Risk-Based Capital Ratio | 10.241% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.5% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.529% |
| Earning Assets to total Assets | 94.61% |
Income and Expense
| Total Interest Income | $5.11M |
| Total Noninterest Income | $600.00k |
| Total Interest Expense | $1.53M |
| Total Noninterest Expense | $1.86M |
| Net Interest Income | $3.58M |
| Pre-tax Net Operating Income | $1.91M |
| Provision for Credit Losses | $415.00k |
| 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 | $28.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $21.85M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.74M |
| Total Liabilities and Capital | $337.42M |
Securities
| Securities | $35.74M |
| Available-for-sale debt securities | $35.24M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $500.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Sherburne State Bank?
$337.42M as of the latest filing.
How much are Sherburne State Bank's total deposits?
$278.90M in total deposits.
Where is Sherburne State Bank located?
Becker, MN.
What is the Net Interest Margin?
4.60%.
How many domestic offices does it operate?
3.
When was it established?
09/07/1920.
What is the Return on Assets (ROA)?
1.65%.
How much are total loans and leases?
$261.21M (latest filing).
What is the total interest income (latest filing)?
$5.11M.