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 Foresight Bank
Foresight Bank
| RSSD ID 755458 | CERTIFICATE 5229 | ABA NUMBER 91903239 |
| 138 W Broadway |
Quarter Ended : |
2025-03-31 |
| Plainview, Minnesota, 55964 |
Updated : |
2025-04-21 |
| www.foresight.bank |
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| Institution Profile |
| Year Opened : |
1902 |
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 : |
3 |
Number of Employees : |
47 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 401,665 |
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Total Interest Income | 5,687 |
| Total Liabilities | 365,527 |
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Total NonInterest Income | 244 |
| Total Bank Equity Capital | 36,138 |
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Total Interest Expense | 2,800 |
| Total Deposits | 344,013 |
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Total NonInterest Expense | 2,102 |
| Net Loans & Leases | 320,867 |
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Net Income | 973 |
| Loan Loss Allowance | 2,376 |
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Net Charge Offs | (2) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 42,979 |
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Total loans | 324,770 |
| Total assets for the leverage ratio | 404,022 |
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Loans secured by real estate: | 276,084 |
| Tier 1 Leverage Ratio | 10.02 |
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Commercial and industrial loans | 20,385 |
| Tier 1 Capital Ratio | 13.71 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.56 |
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Loans to individuals - Other | 4,336 |
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:· Foresight Bank
