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 Reliance Bank
Reliance Bank
| RSSD ID 3596250 | CERTIFICATE 58602 | ABA NUMBER 91918224 |
| 2300 30th St Nw |
Quarter Ended : |
2025-03-31 |
| Faribault, Minnesota, 55021 |
Updated : |
2025-04-18 |
| https://www.reliancebankmn.com |
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| Institution Profile |
| Year Opened : |
2007 |
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 : |
40 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 300,117 |
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Total Interest Income | 4,506 |
| Total Liabilities | 275,417 |
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Total NonInterest Income | 234 |
| Total Bank Equity Capital | 24,700 |
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Total Interest Expense | 1,964 |
| Total Deposits | 252,836 |
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Total NonInterest Expense | 2,109 |
| Net Loans & Leases | 232,854 |
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Net Income | 555 |
| Loan Loss Allowance | 3,760 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 232,648 |
| Total assets for the leverage ratio | 295,707 |
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Loans secured by real estate: | 109,196 |
| Tier 1 Leverage Ratio | 9.02 |
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Commercial and industrial loans | 98,952 |
| Off Balance Sheet Exposures (%) | 0.21 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 3,950 |
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:· Reliance Bank
