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 Drake Bank
Drake Bank
| RSSD ID 3090833 | CERTIFICATE 57336 | ABA NUMBER 96017230 |
| 60 Plato Blvd E |
Quarter Ended : |
2025-03-31 |
| Saint Paul, Minnesota, 55107 |
Updated : |
2025-04-29 |
| www.drake-bank.com |
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| Institution Profile |
| Year Opened : |
2002 |
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 : |
Commercial Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
39 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 275,026 |
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Total Interest Income | 4,333 |
| Total Liabilities | 255,290 |
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Total NonInterest Income | 407 |
| Total Bank Equity Capital | 19,736 |
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Total Interest Expense | 1,723 |
| Total Deposits | 236,060 |
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Total NonInterest Expense | 2,058 |
| Net Loans & Leases | 215,266 |
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Net Income | 709 |
| Loan Loss Allowance | 2,937 |
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Net Charge Offs | 41 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 24,768 |
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Total loans | 215,367 |
| Total assets for the leverage ratio | 262,663 |
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Loans secured by real estate: | 128,921 |
| Tier 1 Leverage Ratio | 8.42 |
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Commercial and industrial loans | 85,916 |
| Tier 1 Capital Ratio | 10.45 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.71 |
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Loans to individuals - Other | 748 |
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:· Drake Bank
