Worthington Federal Savings Bank, FSB
Worthington, MN
IDRSSD: 258874
Total Assets
$132.69M
Latest filing
Total Deposits
$107.90M
Latest filing
Net Interest Margin
2.62%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Worthington Federal Savings Bank, FSB
418 11th St
Worthington, MN 56187
Full Service - Brick and Mortar
Updated 11/14/2025Established 05/03/1935FDIC Certificate 42260
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Worthington Federal Savings Bank, FSB (Main) | 418 11th St | Worthington, MN |
| MAIN STREET BRANCH | 313 Main St | Lakefield, MN |
| JACKSON FS & LA BRANCH | 414 2nd St | Jackson, MN |
Showing 2 of 2
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 | Federal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS |
| Primary Regulator | OCC |
| Established Date | 05/03/1935 |
| Community Bank | Yes |
| Ownership Type | Mutual |
| ZIP | 56187 |
| State and County Number | 27105 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 38 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Worthington, MN |
Operational Info
| Number of Employees | 12 |
| Domestic Offices | 2 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/27/2025 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.worthingtonfederalsavings.com |
| Data Updated | 11/14/2025 |
| CERT | 29426 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $132.69M |
| Total Deposits | $107.90M |
| Total Liabilities | $113.42M |
| Total Equity Capital | $19.27M |
| Net Income | $512.00k |
| Net Loans and Leases | $88.86M |
| Assets Per Employee ($Millions) | $7.37M |
| Bank Premises and Fixed Assets | $1.04M |
| Cash and Balances due from Depository Institutions | $13.95M |
| Deposits Held in Domestic Offices | $107.90M |
Key Performance Ratios
| Return on Assets (ROA) | 1.71% |
| Return on Equity (ROE) | 12.38% |
| Net Interest Margin | 2.62% |
| Efficiency Ratio | 48.65% |
| Tier 1 Risk-Based Capital Ratio | 32.155% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.05% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 14.523% |
| Earning Assets to total Assets | 93.63% |
Income and Expense
| Total Interest Income | $1.32M |
| Total Noninterest Income | $408.00k |
| Total Interest Expense | $583.00k |
| Total Noninterest Expense | $572.00k |
| Net Interest Income | $741.00k |
| Pre-tax Net Operating Income | $562.00k |
| Provision for Credit Losses | $15.00k |
| 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 | $4.55M |
| Federal Funds Sold & Reverse Repurchase Agreement | $7.66M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $967.00k |
| Total Liabilities and Capital | $132.69M |
Securities
| Securities | $14.91M |
| Available-for-sale debt securities | $14.89M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $16.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Worthington Federal Savings Bank, FSB?
$132.69M as of the latest filing.
How much are Worthington Federal Savings Bank, FSB's total deposits?
$107.90M in total deposits.
Where is Worthington Federal Savings Bank, FSB located?
Worthington, MN.
What is the Net Interest Margin?
2.62%.
How many domestic offices does it operate?
2.
When was it established?
05/03/1935.
What is the Return on Assets (ROA)?
1.71%.
How much are total loans and leases?
$88.86M (latest filing).
What is the total interest income (latest filing)?
$1.32M.