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Wadena State Bank

Wadena, MN
IDRSSD: 210256
Total Assets
$208.48M
Latest filing
Total Deposits
$189.98M
Latest filing
Net Interest Margin
4.38%
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 member, supervised by FRB
Primary RegulatorFED
Established Date01/01/1917
Community BankYes
Ownership TypeNot Mutual
ZIP56482
State and County Number27159
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number09
Numeric code13
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 Employees30
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/03/1934
Primary Insurance AgencyDIF
Websitewww.wadenastatebank.com
Data Updated11/14/2025
CERT13430
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$208.48M
Total Deposits$189.98M
Total Liabilities$190.99M
Total Equity Capital$17.48M
Net Income$852.00k
Net Loans and Leases$134.15M
Assets Per Employee ($Millions)$6.51M
Bank Premises and Fixed Assets$1.15M
Cash and Balances due from Depository Institutions$11.33M
Deposits Held in Domestic Offices$189.98M

Key Performance Ratios

Return on Assets (ROA)1.65%
Return on Equity (ROE)20.36%
Net Interest Margin4.38%
Efficiency Ratio59.49%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.386%
Earning Assets to total Assets95.86%

Income and Expense

Total Interest Income$2.94M
Total Noninterest Income$154.00k
Total Interest Expense$772.00k
Total Noninterest Expense$1.38M
Net Interest Income$2.17M
Pre-tax Net Operating Income$941.00k
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$61.00k
Other borrowed funds$12.00k
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.00M
Total Liabilities and Capital$208.48M

Securities

Securities$55.86M
Available-for-sale debt securities$55.86M
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 Wadena State Bank?
$208.48M as of the latest filing.
How much are Wadena State Bank's total deposits?
$189.98M in total deposits.
Where is Wadena State Bank located?
Wadena, MN.
What is the Net Interest Margin?
4.38%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1917.
What is the Return on Assets (ROA)?
1.65%.
How much are total loans and leases?
$134.15M (latest filing).
What is the total interest income (latest filing)?
$2.94M.