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 Sterling State Bank
Sterling State Bank
| RSSD ID 144155 | CERTIFICATE 17863 | ABA NUMBER 91900944 |
| 1419 1st Ave Sw |
Quarter Ended : |
2025-09-30 |
| Austin, Minnesota, 55912 |
Updated : |
2025-10-29 |
| www.sterlingstatebank.com |
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| Institution Profile |
| Year Opened : |
1958 |
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 : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
6 |
Number of Employees : |
57 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 478,159 |
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Total Interest Income | 16,732 |
| Total Liabilities | 448,152 |
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Total NonInterest Income | 1,588 |
| Total Bank Equity Capital | 30,007 |
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Total Interest Expense | 6,640 |
| Total Deposits | 350,523 |
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Total NonInterest Expense | 9,837 |
| Net Loans & Leases | 296,031 |
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Net Income | 2,427 |
| Loan Loss Allowance | 3,287 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 42,040 |
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Total loans | 298,614 |
| Total assets for the leverage ratio | 516,843 |
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Loans secured by real estate: | 266,126 |
| Tier 1 Leverage Ratio | 7.48 |
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Commercial and industrial loans | 28,691 |
| Tier 1 Capital Ratio | 12.66 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.78 |
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Loans to individuals - Other | 4,223 |
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:· Sterling State Bank
