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 Park State Bank
Park State Bank
| RSSD ID 286457 | CERTIFICATE 8851 | ABA NUMBER 91900119 |
| 2630 W Superior St |
Quarter Ended : |
2025-03-31 |
| Duluth, Minnesota, 55806 |
Updated : |
2025-04-29 |
| www.parkstatebank.com |
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| Institution Profile |
| Year Opened : |
1916 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
17 |
Number of Employees : |
152 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,433,325 |
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Total Interest Income | 18,384 |
| Total Liabilities | 1,295,371 |
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Total NonInterest Income | 1,855 |
| Total Bank Equity Capital | 137,954 |
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Total Interest Expense | 7,453 |
| Total Deposits | 1,243,087 |
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Total NonInterest Expense | 6,662 |
| Net Loans & Leases | 875,171 |
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Net Income | 4,302 |
| Loan Loss Allowance | 9,547 |
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Net Charge Offs | 28 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 151,247 |
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Total loans | 883,057 |
| Total assets for the leverage ratio | 1,417,113 |
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Loans secured by real estate: | 667,314 |
| Tier 1 Leverage Ratio | 9.99 |
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Commercial and industrial loans | 167,424 |
| Tier 1 Capital Ratio | 15.13 |
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Loans to individuals - Credit Cards | 1,816 |
| Total Capital Ratio | 16.16 |
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Loans to individuals - Other | 6,452 |
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:· Park State Bank
