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 Wadena State Bank
Wadena State Bank
| RSSD ID 210256 | CERTIFICATE 13430 | ABA NUMBER 91213835 |
| 304 1st St Se |
Quarter Ended : |
2025-03-31 |
| Wadena, Minnesota, 56482 |
Updated : |
2025-04-29 |
| www.wadenastatebank.com |
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| Institution Profile |
| Year Opened : |
1917 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
31 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 200,783 |
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Total Interest Income | 2,760 |
| Total Liabilities | 185,560 |
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Total NonInterest Income | 152 |
| Total Bank Equity Capital | 15,223 |
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Total Interest Expense | 723 |
| Total Deposits | 183,978 |
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Total NonInterest Expense | 1,348 |
| Net Loans & Leases | 129,428 |
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Net Income | 721 |
| Loan Loss Allowance | 1,239 |
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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 | 130,489 |
| Total assets for the leverage ratio | 197,843 |
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Loans secured by real estate: | 89,783 |
| Tier 1 Leverage Ratio | 9.5 |
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Commercial and industrial loans | 25,845 |
| Off Balance Sheet Exposures (%) | 6.35 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 5,129 |
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:· Wadena State Bank
