State Bank of New Richland

New Richland, MN
IDRSSD: 874452
Total Assets
$124.52M
Latest filing
Total Deposits
$83.17M
Latest filing
Net Interest Margin
3.37%
Profitability

Locations

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Main Office
State Bank of New Richland
103 Broadway Ave N
New Richland, MN 56072
Full Service - Brick and Mortar
Updated 11/14/2025Established 10/31/1898FDIC Certificate 6226

Branches (0)

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NameAddressCity / State
No branch data available.
State Bank of New Richland (Main)103 Broadway Ave NNew Richland, 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 non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date10/31/1898
Community BankYes
Ownership TypeNot Mutual
ZIP56072
State and County Number27161
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 NameN/A

Operational Info

Number of Employees12
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.SBNR.BIZ
Data Updated11/14/2025
CERT9735
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$124.52M
Total Deposits$83.17M
Total Liabilities$112.46M
Total Equity Capital$12.07M
Net Income$530.00k
Net Loans and Leases$109.36M
Assets Per Employee ($Millions)$10.38M
Bank Premises and Fixed Assets$223.00k
Cash and Balances due from Depository Institutions$3.21M
Deposits Held in Domestic Offices$83.17M

Key Performance Ratios

Return on Assets (ROA)1.71%
Return on Equity (ROE)18.04%
Net Interest Margin3.37%
Efficiency Ratio46.69%
Tier 1 Risk-Based Capital Ratio11.931%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.69%
Earning Assets to total Assets95.25%

Income and Expense

Total Interest Income$1.84M
Total Noninterest Income$57.00k
Total Interest Expense$835.00k
Total Noninterest Expense$494.00k
Net Interest Income$1.00M
Pre-tax Net Operating Income$564.00k
Provision for Credit Losses$0
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$27.25M
Federal Funds Sold & Reverse Repurchase Agreement$44.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.04M
Total Liabilities and Capital$124.52M

Securities

Securities$7.59M
Available-for-sale debt securities$7.59M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of State Bank of New Richland?
$124.52M as of the latest filing.
How much are State Bank of New Richland's total deposits?
$83.17M in total deposits.
Where is State Bank of New Richland located?
New Richland, MN.
What is the Net Interest Margin?
3.37%.
How many domestic offices does it operate?
1.
When was it established?
10/31/1898.
What is the Return on Assets (ROA)?
1.71%.
How much are total loans and leases?
$109.36M (latest filing).
What is the total interest income (latest filing)?
$1.84M.