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Welcome State Bank
Welcome State Bank
| RSSD ID 215653 | CERTIFICATE 11417 | ABA NUMBER 91210993 |
| 111 Guide St N |
Quarter Ended : |
2025-09-30 |
| Welcome, Minnesota, 56181 |
Updated : |
2025-10-07 |
| www.welcomestatebank.com |
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| Institution Profile |
| Year Opened : |
1913 |
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 : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
7 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 43,818 |
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Total Interest Income | 1,874 |
| Total Liabilities | 38,490 |
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Total NonInterest Income | 198 |
| Total Bank Equity Capital | 5,328 |
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Total Interest Expense | 413 |
| Total Deposits | 38,338 |
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Total NonInterest Expense | 760 |
| Net Loans & Leases | 29,709 |
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Net Income | 837 |
| Loan Loss Allowance | 446 |
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Net Charge Offs | 25 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 5,677 |
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Total loans | 30,098 |
| Total assets for the leverage ratio | 43,196 |
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Loans secured by real estate: | 19,701 |
| Tier 1 Leverage Ratio | 12.31 |
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Commercial and industrial loans | 2,123 |
| Tier 1 Capital Ratio | 18.46 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 19.72 |
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Loans to individuals - Other | 2,226 |
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