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 Solon State Bank
Solon State Bank
| RSSD ID 185448 | CERTIFICATE 232 | ABA NUMBER 73921446 |
| 126 S Market St |
Quarter Ended : |
2025-03-31 |
| Solon, Iowa, 52333 |
Updated : |
2025-04-25 |
| www.solonstatebank.com |
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| Institution Profile |
| Year Opened : |
1932 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
16 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 128,317 |
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Total Interest Income | 1,910 |
| Total Liabilities | 101,250 |
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Total NonInterest Income | 133 |
| Total Bank Equity Capital | 27,067 |
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Total Interest Expense | 503 |
| Total Deposits | 86,520 |
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Total NonInterest Expense | 643 |
| Net Loans & Leases | 80,573 |
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Net Income | 876 |
| Loan Loss Allowance | 462 |
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Net Charge Offs | (1) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 80,619 |
| Total assets for the leverage ratio | 128,439 |
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Loans secured by real estate: | 51,440 |
| Tier 1 Leverage Ratio | 22.86 |
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Commercial and industrial loans | 24,296 |
| Off Balance Sheet Exposures (%) | 0.59 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 1,637 |
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:· Solon State Bank
