The State Bank of Faribault
Faribault, MN
IDRSSD: 46053
Total Assets
$316.17M
Latest filing
Total Deposits
$285.13M
Latest filing
Net Interest Margin
3.94%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
The State Bank of Faribault
428 Central Ave N
Faribault, MN 55021
Full Service - Brick and Mortar
Updated 01/30/2026Established 11/14/1919FDIC Certificate 1053
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The State Bank of Faribault (Main) | 428 Central Ave N | Faribault, MN |
| FARIBAULT BRANCH | 202 Western Ave Nw | Faribault, MN |
| PRIOR LAKE BRANCH | 6867 Boudin St Ne | Prior Lake, 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 | 11/14/1919 |
| 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 | 46 |
| Domestic Offices | 3 |
| 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.tsbf.com |
| Data Updated | 01/30/2026 |
| CERT | 1610 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $316.17M |
| Total Deposits | $285.13M |
| Total Liabilities | $294.21M |
| Total Equity Capital | $21.96M |
| Net Income | $293.00k |
| Net Loans and Leases | $174.56M |
| Assets Per Employee ($Millions) | $6.87M |
| Bank Premises and Fixed Assets | $7.25M |
| Cash and Balances due from Depository Institutions | $9.99M |
| Deposits Held in Domestic Offices | $285.13M |
Key Performance Ratios
| Return on Assets (ROA) | 0.37% |
| Return on Equity (ROE) | 5.5% |
| Net Interest Margin | 3.94% |
| Efficiency Ratio | 92.46% |
| Tier 1 Risk-Based Capital Ratio | 12.463% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.01% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 6.944% |
| Earning Assets to total Assets | 92.51% |
Income and Expense
| Total Interest Income | $4.09M |
| Total Noninterest Income | $609.00k |
| Total Interest Expense | $1.18M |
| Total Noninterest Expense | $3.25M |
| Net Interest Income | $2.91M |
| Pre-tax Net Operating Income | $260.00k |
| Provision for Credit Losses | $5.00k |
| 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 | $5.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $1.95M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $4.08M |
| Total Liabilities and Capital | $316.17M |
Securities
| Securities | $109.65M |
| Available-for-sale debt securities | $72.79M |
| Equity securities with readily determinable fair values not held for trading | — |
| 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?
$316.17M as of the latest filing.
How much are The State Bank of Faribault's total deposits?
$285.13M in total deposits.
Where is The State Bank of Faribault located?
Faribault, MN.
What is the Net Interest Margin?
3.94%.
How many domestic offices does it operate?
3.
When was it established?
11/14/1919.
What is the Return on Assets (ROA)?
0.37%.
How much are total loans and leases?
$174.56M (latest filing).
What is the total interest income (latest filing)?
$4.09M.