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 Drake Bank
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Drake Bank
| RSSD ID 3090833 | CERTIFICATE 57336 | ABA NUMBER 96017230 |
| 60 Plato Blvd E |
Quarter Ended : |
2026-03-31 |
| Saint Paul, Minnesota, 55107 |
Updated : |
2026-05-14 |
| 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 : |
36 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 259,829 |
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Total Interest Income | 3,831 |
| Total Liabilities | 243,242 |
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Total NonInterest Income | 254 |
| Total Bank Equity Capital | 16,587 |
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Total Interest Expense | 1,590 |
| Total Deposits | 224,230 |
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Total NonInterest Expense | 1,941 |
| Net Loans & Leases | 189,565 |
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Net Income | (1,957) |
| Loan Loss Allowance | 6,105 |
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Net Charge Offs | 197 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 20,490 |
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Total loans | 198,731 |
| Total assets for the leverage ratio | 258,841 |
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Loans secured by real estate: | 126,284 |
| Tier 1 Leverage Ratio | 6.98 |
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Commercial and industrial loans | 71,810 |
| Tier 1 Capital Ratio | 9.5 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 10.78 |
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Loans to individuals - Other | 662 |
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:· Drake Bank
