Welcome State Bank

Welcome, MN
IDRSSD: 215653
Total Assets
$44.24M
Latest filing
Total Deposits
$38.19M
Latest filing
Net Interest Margin
5.05%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

091210993WELCOME, MN

Key People

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Locations

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Main Office
Welcome State Bank
111 Guide St N
Welcome, MN 56181
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1913FDIC Certificate 7289

Branches (0)

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NameAddressCity / State
No branch data available.
Welcome State Bank (Main)111 Guide St NWelcome, 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 member, supervised by FRB
Primary RegulatorFED
Established Date01/01/1913
Community BankYes
Ownership TypeNot Mutual
ZIP56181
State and County Number27091
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 NameFairmont, MN

Operational Info

Number of Employees7
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.welcomestatebank.com
Data Updated01/30/2026
CERT11417
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$44.24M
Total Deposits$38.19M
Total Liabilities$38.75M
Total Equity Capital$5.49M
Net Income$154.00k
Net Loans and Leases$28.71M
Assets Per Employee ($Millions)$6.32M
Bank Premises and Fixed Assets$125.00k
Cash and Balances due from Depository Institutions$9.82M
Deposits Held in Domestic Offices$38.19M

Key Performance Ratios

Return on Assets (ROA)1.4%
Return on Equity (ROE)11.39%
Net Interest Margin5.05%
Efficiency Ratio66.84%
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 Assets12.412%
Earning Assets to total Assets94.89%

Income and Expense

Total Interest Income$658.00k
Total Noninterest Income$63.00k
Total Interest Expense$136.00k
Total Noninterest Expense$391.00k
Net Interest Income$522.00k
Pre-tax Net Operating Income$194.00k
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$479.00k
All Other Liabilities$80.00k
Total Liabilities and Capital$44.24M

Securities

Securities$4.93M
Available-for-sale debt securities$4.66M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$272.00k
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Welcome State Bank?
$44.24M as of the latest filing.
How much are Welcome State Bank's total deposits?
$38.19M in total deposits.
Where is Welcome State Bank located?
Welcome, MN.
What is the Net Interest Margin?
5.05%.
How many domestic offices does it operate?
1.
When was it established?
01/01/1913.
What is the Return on Assets (ROA)?
1.4%.
How much are total loans and leases?
$28.71M (latest filing).
What is the total interest income (latest filing)?
$658.00k.