The Wanda State Bank
Wanda, MN
IDRSSD: 190956
Total Assets
$228.61M
Latest filing
Total Deposits
$200.91M
Latest filing
Net Interest Margin
3.61%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
The Wanda State Bank
121 W Main St
Wanda, MN 56294
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/01/1932FDIC Certificate 1273
Branches (1)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The Wanda State Bank (Main) | 121 W Main St | Wanda, MN |
| FRANKLIN STATE BANK BRANCH | 278 2nd Ave E | Franklin, MN |
Showing 1 of 1
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 | 06/01/1932 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 56294 |
| State and County Number | 27127 |
| 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 | N/A |
Operational Info
| Number of Employees | 20 |
| Domestic Offices | 2 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 04/25/2025 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.wandastatebank.com |
| Data Updated | 11/14/2025 |
| CERT | 1908 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $228.61M |
| Total Deposits | $200.91M |
| Total Liabilities | $202.49M |
| Total Equity Capital | $26.12M |
| Net Income | $542.00k |
| Net Loans and Leases | $130.33M |
| Assets Per Employee ($Millions) | $12.03M |
| Bank Premises and Fixed Assets | $2.71M |
| Cash and Balances due from Depository Institutions | $7.79M |
| Deposits Held in Domestic Offices | $200.91M |
Key Performance Ratios
| Return on Assets (ROA) | 0.96% |
| Return on Equity (ROE) | 8.44% |
| Net Interest Margin | 3.61% |
| Efficiency Ratio | 53.31% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.427% |
| Earning Assets to total Assets | 90.11% |
Income and Expense
| Total Interest Income | $2.77M |
| Total Noninterest Income | $91.00k |
| Total Interest Expense | $949.00k |
| Total Noninterest Expense | $1.21M |
| Net Interest Income | $1.83M |
| Pre-tax Net Operating Income | $710.00k |
| 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 | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $20.16M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.58M |
| Total Liabilities and Capital | $228.61M |
Securities
| Securities | $50.37M |
| Available-for-sale debt securities | $50.35M |
| 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 The Wanda State Bank?
$228.61M as of the latest filing.
How much are The Wanda State Bank's total deposits?
$200.91M in total deposits.
Where is The Wanda State Bank located?
Wanda, MN.
What is the Net Interest Margin?
3.61%.
How many domestic offices does it operate?
2.
When was it established?
06/01/1932.
What is the Return on Assets (ROA)?
0.96%.
How much are total loans and leases?
$130.33M (latest filing).
What is the total interest income (latest filing)?
$2.77M.