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 First Resource Bank
First Resource Bank
| RSSD ID 3314043 | CERTIFICATE 58039 | ABA NUMBER 91916899 |
| 7449 Village Dr |
Quarter Ended : |
2025-03-31 |
| Lino Lakes, Minnesota, 55014 |
Updated : |
2025-04-23 |
| www.myfrbank.com |
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| Institution Profile |
| Year Opened : |
2005 |
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 : |
6 |
Number of Employees : |
68 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 689,425 |
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Total Interest Income | 8,982 |
| Total Liabilities | 629,727 |
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Total NonInterest Income | 240 |
| Total Bank Equity Capital | 59,698 |
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Total Interest Expense | 3,579 |
| Total Deposits | 556,713 |
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Total NonInterest Expense | 3,617 |
| Net Loans & Leases | 557,632 |
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Net Income | 1,269 |
| Loan Loss Allowance | 6,569 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 60,661 |
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Total loans | 562,977 |
| Total assets for the leverage ratio | 669,980 |
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Loans secured by real estate: | 422,346 |
| Tier 1 Leverage Ratio | 8.14 |
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Commercial and industrial loans | 100,983 |
| Tier 1 Capital Ratio | 11.13 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.38 |
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Loans to individuals - Other | 5,588 |
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:· First Resource Bank
