|
 |
|
|
 Welcome State Bank
Welcome State Bank
| RSSD ID 215653 | CERTIFICATE 11417 | ABA NUMBER 91210993 |
| 111 Guide St N |
Quarter Ended : |
2025-03-31 |
| Welcome, Minnesota, 56181 |
Updated : |
2025-04-05 |
| www.welcomestatebank.com |
|
| 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 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
7 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 43,370 |
|
Total Interest Income | 591 |
| Total Liabilities | 38,416 |
|
Total NonInterest Income | 70 |
| Total Bank Equity Capital | 4,954 |
|
Total Interest Expense | 125 |
| Total Deposits | 38,263 |
|
Total NonInterest Expense | 253 |
| Net Loans & Leases | 28,393 |
|
Net Income | 262 |
| Loan Loss Allowance | 472 |
|
Net Charge Offs | (1) |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 5,322 |
|
Total loans | 28,174 |
| Total assets for the leverage ratio | 42,277 |
|
Loans secured by real estate: | 17,868 |
| Tier 1 Leverage Ratio | 11.78 |
|
Commercial and industrial loans | 2,477 |
| Tier 1 Capital Ratio | 18.27 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 19.53 |
|
Loans to individuals - Other | 1,874 |
|
|
|
|
:· Welcome State Bank
