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State Bank of Taunton
State Bank of Taunton
RSSD ID 205458 | CERTIFICATE 16906 | ABA NUMBER 91209535 |
101 N Main St |
Quarter Ended : |
2025-03-31 |
Taunton, Minnesota, 56291 |
Updated : |
2025-04-07 |
www.statebankoftaunton.com |
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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 : |
Yes |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Agricultural Specialization |
Number of Offices : |
2 |
Number of Employees : |
9 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 49,945 |
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Total Interest Income | 697 |
Total Liabilities | 45,236 |
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Total NonInterest Income | 30 |
Total Bank Equity Capital | 4,709 |
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Total Interest Expense | 149 |
Total Deposits | 40,537 |
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Total NonInterest Expense | 486 |
Net Loans & Leases | 35,323 |
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Net Income | 89 |
Loan Loss Allowance | 204 |
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Net Charge Offs | 223 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 6,793 |
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Total loans | 35,342 |
Total assets for the leverage ratio | 49,516 |
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Loans secured by real estate: | 28,613 |
Tier 1 Leverage Ratio | 13.31 |
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Commercial and industrial loans | 1,400 |
Tier 1 Capital Ratio | 16.07 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 16.57 |
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Loans to individuals - Other | 220 |
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