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 Sherburne State Bank
Sherburne State Bank
| RSSD ID 198251 | CERTIFICATE 10169 | ABA NUMBER 91915201 |
| 12500 Sherburne Avenue |
Quarter Ended : |
2025-03-31 |
| Becker, Minnesota, 55308 |
Updated : |
2025-04-25 |
| 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 : |
3 |
Number of Employees : |
45 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 303,129 |
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Total Interest Income | 4,426 |
| Total Liabilities | 279,628 |
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Total NonInterest Income | 640 |
| Total Bank Equity Capital | 23,501 |
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Total Interest Expense | 1,349 |
| Total Deposits | 251,068 |
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Total NonInterest Expense | 1,828 |
| Net Loans & Leases | 228,279 |
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Net Income | 1,270 |
| Loan Loss Allowance | 3,164 |
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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 | 30,104 |
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Total loans | 225,373 |
| Total assets for the leverage ratio | 291,875 |
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Loans secured by real estate: | 184,575 |
| Tier 1 Leverage Ratio | 9.16 |
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Commercial and industrial loans | 37,990 |
| Tier 1 Capital Ratio | 9.86 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.1 |
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Loans to individuals - Other | 8,840 |
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:· Sherburne State Bank
