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 The Bank of Elk River
The Bank of Elk River
| RSSD ID 10250 | CERTIFICATE 1607 | ABA NUMBER 91903831 |
| 630 Main St Nw |
Quarter Ended : |
2025-12-31 |
| Elk River, Minnesota, 55330 |
Updated : |
2026-01-09 |
| www.thebankofelkriver.com |
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| Institution Profile |
| Year Opened : |
1885 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
95 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 717,628 |
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Total Interest Income | 33,390 |
| Total Liabilities | 668,090 |
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Total NonInterest Income | 4,294 |
| Total Bank Equity Capital | 49,538 |
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Total Interest Expense | 10,360 |
| Total Deposits | 658,944 |
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Total NonInterest Expense | 19,271 |
| Net Loans & Leases | 432,527 |
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Net Income | 6,930 |
| Loan Loss Allowance | 4,545 |
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Net Charge Offs | 269 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 70,296 |
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Total loans | 427,567 |
| Total assets for the leverage ratio | 728,620 |
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Loans secured by real estate: | 312,822 |
| Tier 1 Leverage Ratio | 8.96 |
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Commercial and industrial loans | 92,256 |
| Tier 1 Capital Ratio | 14 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 15.07 |
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Loans to individuals - Other | 22,489 |
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:· The Bank of Elk River
