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New Market Bank
New Market Bank
RSSD ID 165758 | CERTIFICATE 1931 | ABA NUMBER 91908726 |
101 Old Town Rd |
Quarter Ended : |
2025-03-31 |
Elko New Market, Minnesota, 55054 |
Updated : |
2025-04-28 |
www.newmarket.bank |
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Institution Profile |
Year Opened : |
1905 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
3 |
Number of Employees : |
36 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 189,850 |
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Total Interest Income | 2,149 |
Total Liabilities | 174,754 |
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Total NonInterest Income | 348 |
Total Bank Equity Capital | 15,096 |
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Total Interest Expense | 446 |
Total Deposits | 173,654 |
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Total NonInterest Expense | 1,505 |
Net Loans & Leases | 109,589 |
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Net Income | 386 |
Loan Loss Allowance | 1,402 |
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Net Charge Offs | (1) |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 17,739 |
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Total loans | 111,626 |
Total assets for the leverage ratio | 183,907 |
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Loans secured by real estate: | 94,609 |
Tier 1 Leverage Ratio | 8.84 |
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Commercial and industrial loans | 13,925 |
Tier 1 Capital Ratio | 13.58 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 14.82 |
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Loans to individuals - Other | 855 |
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