Wadena State Bank
Wadena, MN
IDRSSD: 210256
Total Assets
$206.00M
Latest filing
Total Deposits
$186.43M
Latest filing
Net Interest Margin
4.54%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
091213835WADENA, MN
Key People
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Locations
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Main Office
Wadena State Bank
304 1st St Se
Wadena, MN 56482
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1917FDIC Certificate 8455
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Wadena State Bank (Main) | 304 1st St Se | Wadena, MN |
| DEER CREEK BRANCH | 121 Main Avenue East | Deer Creek, MN |
| BLUFFTON BRANCH | 108 2nd Street | Bluffton, MN |
| WADENA STATE EXPRESS BANK BRANCH | 301 1st St Se | Wadena, MN |
Showing 3 of 3
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 member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 01/01/1917 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 56482 |
| State and County Number | 27159 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 13 |
| 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 | 32 |
| Domestic Offices | 4 |
| 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 | 01/03/1934 |
| Primary Insurance Agency | DIF |
| Website | www.wadenastatebank.com |
| Data Updated | 01/30/2026 |
| CERT | 13430 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $206.00M |
| Total Deposits | $186.43M |
| Total Liabilities | $187.10M |
| Total Equity Capital | $18.90M |
| Net Income | $1.14M |
| Net Loans and Leases | $133.15M |
| Assets Per Employee ($Millions) | $5.89M |
| Bank Premises and Fixed Assets | $1.19M |
| Cash and Balances due from Depository Institutions | $6.76M |
| Deposits Held in Domestic Offices | $186.43M |
Key Performance Ratios
| Return on Assets (ROA) | 2.2% |
| Return on Equity (ROE) | 25.04% |
| Net Interest Margin | 4.54% |
| Efficiency Ratio | 50.6% |
| 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 | 9.176% |
| Earning Assets to total Assets | 95.92% |
Income and Expense
| Total Interest Income | $3.00M |
| Total Noninterest Income | $160.00k |
| Total Interest Expense | $749.00k |
| Total Noninterest Expense | $1.22M |
| Net Interest Income | $2.25M |
| Pre-tax Net Operating Income | $1.19M |
| 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 | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $671.00k |
| Total Liabilities and Capital | $206.00M |
Securities
| Securities | $58.95M |
| Available-for-sale debt securities | $58.95M |
| 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 Wadena State Bank?
$206.00M as of the latest filing.
How much are Wadena State Bank's total deposits?
$186.43M in total deposits.
Where is Wadena State Bank located?
Wadena, MN.
What is the Net Interest Margin?
4.54%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1917.
What is the Return on Assets (ROA)?
2.2%.
How much are total loans and leases?
$133.15M (latest filing).
What is the total interest income (latest filing)?
$3.00M.