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 State Bank of Fairmont
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State Bank of Fairmont
| RSSD ID 723158 | CERTIFICATE 8541 | ABA NUMBER 91213806 |
| 918 E Blue Earth Ave |
Quarter Ended : |
2026-06-30 |
| Fairmont, Minnesota, 56031 |
Updated : |
2026-08-05 |
| www.sbof.com |
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| Institution Profile |
| Year Opened : |
1917 |
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 : |
041 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
17 |
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| Related Company Filings |
Regulator |
 WEB INC |
FED |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 154,221 |
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Total Interest Income | 4,382 |
| Total Liabilities | 139,436 |
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Total NonInterest Income | 125 |
| Total Bank Equity Capital | 14,785 |
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Total Interest Expense | 1,514 |
| Total Deposits | 139,051 |
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Total NonInterest Expense | 1,580 |
| Net Loans & Leases | 104,435 |
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Net Income | 1,307 |
| Loan Loss Allowance | 1,795 |
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Net Charge Offs | 142 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 17,555 |
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Total loans | 104,288 |
| Total assets for the leverage ratio | 156,102 |
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Loans secured by real estate: | 52,398 |
| Tier 1 Leverage Ratio | 10.4 |
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Commercial and industrial loans | 30,723 |
| Tier 1 Capital Ratio | 15.54 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.8 |
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Loans to individuals - Other | 6,429 |
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:· State Bank of Fairmont
