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 Peoples State Bank of Velva
Peoples State Bank of Velva
| RSSD ID 713252 | CERTIFICATE 10250 | ABA NUMBER 91308805 |
| 101 Main St N |
Quarter Ended : |
2025-03-31 |
| Velva, North Dakota, 58790 |
Updated : |
2025-04-24 |
| www.psbvelva.com |
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| Institution Profile |
| Year Opened : |
1915 |
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 : |
Agricultural Specialization |
| Number of Offices : |
2 |
Number of Employees : |
19 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 166,793 |
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Total Interest Income | 2,193 |
| Total Liabilities | 152,048 |
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Total NonInterest Income | 44 |
| Total Bank Equity Capital | 14,745 |
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Total Interest Expense | 796 |
| Total Deposits | 148,189 |
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Total NonInterest Expense | 1,073 |
| Net Loans & Leases | 111,817 |
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Net Income | 364 |
| Loan Loss Allowance | 1,475 |
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Net Charge Offs | 371 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 17,791 |
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Total loans | 111,153 |
| Total assets for the leverage ratio | 162,167 |
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Loans secured by real estate: | 63,269 |
| Tier 1 Leverage Ratio | 10.06 |
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Commercial and industrial loans | 15,553 |
| Tier 1 Capital Ratio | 13.84 |
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Loans to individuals - Credit Cards | 171 |
| Total Capital Ratio | 15.09 |
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Loans to individuals - Other | 3,803 |
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:· Peoples State Bank of Velva
