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Sherburne State Bank
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Sherburne State Bank
| RSSD ID 198251 | CERTIFICATE 10169 | ABA NUMBER 91915201 |
| 12500 Sherburne Avenue |
Quarter Ended : |
2026-06-30 |
| Becker, Minnesota, 55308 |
Updated : |
2026-07-16 |
| www.sherburnestatebank.com |
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| Institution Profile |
| Year Opened : |
1920 |
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 : |
4 |
Number of Employees : |
42 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 351,059 |
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Total Interest Income | 10,758 |
| Total Liabilities | 320,423 |
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Total NonInterest Income | 1,588 |
| Total Bank Equity Capital | 30,636 |
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Total Interest Expense | 3,080 |
| Total Deposits | 289,542 |
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Total NonInterest Expense | 4,072 |
| Net Loans & Leases | 274,021 |
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Net Income | 3,463 |
| Loan Loss Allowance | 4,013 |
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Net Charge Offs | (44) |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 37,073 |
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Total loans | 272,763 |
| Total assets for the leverage ratio | 349,383 |
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Loans secured by real estate: | 222,635 |
| Tier 1 Leverage Ratio | 9.46 |
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Commercial and industrial loans | 41,492 |
| Tier 1 Capital Ratio | 10.24 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.49 |
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Loans to individuals - Other | 10,812 |
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