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 Red Rock Bank
Red Rock Bank
| RSSD ID 799359 | CERTIFICATE 1386 | ABA NUMBER 91209289 |
| 100 S Main St |
Quarter Ended : |
2024-09-30 |
| Sanborn, Minnesota, 56083 |
Updated : |
2024-10-30 |
| Institution Profile |
| Year Opened : |
1901 |
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 : |
Agricultural Specialization |
| Number of Employees : |
7 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 42,592 |
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Total Interest Income | 1,463 |
| Total Liabilities | 37,989 |
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Total NonInterest Income | 77 |
| Total Bank Equity Capital | 4,603 |
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Total Interest Expense | 465 |
| Total Deposits | 37,654 |
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Total NonInterest Expense | 1,104 |
| Net Loans & Leases | 22,893 |
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Net Income | (250) |
| Loan Loss Allowance | 253 |
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Net Charge Offs | 364 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 3,991 |
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Total loans | 23,992 |
| Total assets for the leverage ratio | 43,072 |
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Loans secured by real estate: | 15,829 |
| Tier 1 Leverage Ratio | 8.68 |
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Commercial and industrial loans | 2,795 |
| Tier 1 Capital Ratio | 16.23 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 17.33 |
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Loans to individuals - Other | 599 |
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:· Red Rock Bank
