Vermillion State Bank
Vermillion, MN
IDRSSD: 208057
Total Assets
$931.25M
Latest filing
Total Deposits
$808.69M
Latest filing
Net Interest Margin
3.50%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
091914370VERMILLION, MN
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Vermillion State Bank
107 Main St E
Vermillion, MN 55085
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/10/1918FDIC Certificate 6552
Branches (5)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Vermillion State Bank (Main) | 107 Main St E | Vermillion, MN |
| HASTINGS BRANCH | 975 Lyn Way | Hastings, MN |
| HASTINGS BRANCH | 255 33rd St W | Hastings, MN |
| ROSEMOUNT BRANCH | 15040 Canada Ave W | Rosemount, MN |
| INVER GROVE HEIGHTS BRANCH | 2975 80th St E | Inver Grove Heights, MN |
| MIESVILLE BRANCH | 14681 240th St E | Hastings, MN |
Showing 5 of 5
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 | 08/10/1918 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55085 |
| State and County Number | 27037 |
| 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 | Minneapolis-St. Paul-Bloomington, MN-WI |
Operational Info
| Number of Employees | 36 |
| Domestic Offices | 6 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | WWW.VERMILLIONBANK.COM |
| Data Updated | 01/30/2026 |
| CERT | 10214 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $931.25M |
| Total Deposits | $808.69M |
| Total Liabilities | $812.03M |
| Total Equity Capital | $119.22M |
| Net Income | $3.56M |
| Net Loans and Leases | $408.49M |
| Assets Per Employee ($Millions) | $26.61M |
| Bank Premises and Fixed Assets | $2.07M |
| Cash and Balances due from Depository Institutions | $70.04M |
| Deposits Held in Domestic Offices | $808.69M |
Key Performance Ratios
| Return on Assets (ROA) | 1.55% |
| Return on Equity (ROE) | 12.1% |
| Net Interest Margin | 3.5% |
| Efficiency Ratio | 56.88% |
| 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 | 12.802% |
| Earning Assets to total Assets | 97.28% |
Income and Expense
| Total Interest Income | $12.24M |
| Total Noninterest Income | $410.00k |
| Total Interest Expense | $4.41M |
| Total Noninterest Expense | $4.69M |
| Net Interest Income | $7.83M |
| Pre-tax Net Operating Income | $3.55M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $818.00k |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $3.33M |
| Total Liabilities and Capital | $931.25M |
Securities
| Securities | $434.25M |
| Available-for-sale debt securities | $434.25M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Vermillion State Bank?
$931.25M as of the latest filing.
How much are Vermillion State Bank's total deposits?
$808.69M in total deposits.
Where is Vermillion State Bank located?
Vermillion, MN.
What is the Net Interest Margin?
3.50%.
How many domestic offices does it operate?
6.
When was it established?
08/10/1918.
What is the Return on Assets (ROA)?
1.55%.
How much are total loans and leases?
$408.49M (latest filing).
What is the total interest income (latest filing)?
$12.24M.