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 Produce State Bank
Produce State Bank
| RSSD ID 24659 | CERTIFICATE 10178 | ABA NUMBER 91915722 |
| 109 Park Ave W |
Quarter Ended : |
2025-03-31 |
| Hollandale, Minnesota, 56045 |
Updated : |
2025-04-08 |
| www.producestatebank.com |
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| Institution Profile |
| Year Opened : |
1926 |
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 : |
4 |
Number of Employees : |
20 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 111,091 |
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Total Interest Income | 1,357 |
| Total Liabilities | 99,103 |
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Total NonInterest Income | 69 |
| Total Bank Equity Capital | 11,988 |
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Total Interest Expense | 190 |
| Total Deposits | 98,700 |
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Total NonInterest Expense | 788 |
| Net Loans & Leases | 52,227 |
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Net Income | 436 |
| Loan Loss Allowance | 599 |
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Net Charge Offs | (5) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 11,522 |
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Total loans | 53,510 |
| Total assets for the leverage ratio | 110,103 |
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Loans secured by real estate: | 34,192 |
| Tier 1 Leverage Ratio | 9.92 |
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Commercial and industrial loans | 7,157 |
| Tier 1 Capital Ratio | 21.66 |
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Loans to individuals - Credit Cards | 23 |
| Total Capital Ratio | 22.85 |
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Loans to individuals - Other | 3,670 |
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:· Produce State Bank
