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The State Bank of Faribault

Faribault, MN
IDRSSD: 46053
Total Assets
$321.97M
Latest filing
Total Deposits
$296.87M
Latest filing
Net Interest Margin
3.83%
Profitability
0

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 ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date11/14/1919
Community BankYes
Ownership TypeNot Mutual
ZIP55021
State and County Number27131
Subchapter S CorporationsYes
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 NameFaribault-Northfield, MN

Operational Info

Number of Employees45
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.tsbf.com
Data Updated11/14/2025
CERT1610
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$321.97M
Total Deposits$296.87M
Total Liabilities$301.27M
Total Equity Capital$20.70M
Net Income$842.00k
Net Loans and Leases$172.19M
Assets Per Employee ($Millions)$7M
Bank Premises and Fixed Assets$7.31M
Cash and Balances due from Depository Institutions$19.12M
Deposits Held in Domestic Offices$296.87M

Key Performance Ratios

Return on Assets (ROA)1.06%
Return on Equity (ROE)16.98%
Net Interest Margin3.83%
Efficiency Ratio73.24%
Tier 1 Risk-Based Capital Ratio12.557%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.01%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets6.429%
Earning Assets to total Assets92.24%

Income and Expense

Total Interest Income$4.04M
Total Noninterest Income$661.00k
Total Interest Expense$1.24M
Total Noninterest Expense$2.54M
Net Interest Income$2.80M
Pre-tax Net Operating Income$917.00k
Provision for Credit Losses$9.00k
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$174.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.40M
Total Liabilities and Capital$321.97M

Securities

Securities$111.04M
Available-for-sale debt securities$74.17M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$36.75M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of The State Bank of Faribault?
$321.97M as of the latest filing.
How much are The State Bank of Faribault's total deposits?
$296.87M in total deposits.
Where is The State Bank of Faribault located?
Faribault, MN.
What is the Net Interest Margin?
3.83%.
How many domestic offices does it operate?
3.
When was it established?
11/14/1919.
What is the Return on Assets (ROA)?
1.06%.
How much are total loans and leases?
$172.19M (latest filing).
What is the total interest income (latest filing)?
$4.04M.