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 Vergas State Bank
Vergas State Bank
| RSSD ID 804150 | CERTIFICATE 9747 | ABA NUMBER 91208222 |
| 106 E Main St |
Quarter Ended : |
2025-12-31 |
| Vergas, Minnesota, 56587 |
Updated : |
2026-01-15 |
| www.vergasstatebank.com |
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| Institution Profile |
| Year Opened : |
1909 |
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 : |
Commercial Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
8 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 58,729 |
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Total Interest Income | 2,907 |
| Total Liabilities | 50,165 |
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Total NonInterest Income | 53 |
| Total Bank Equity Capital | 8,564 |
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Total Interest Expense | 754 |
| Total Deposits | 49,920 |
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Total NonInterest Expense | 1,346 |
| Net Loans & Leases | 34,169 |
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Net Income | 570 |
| Loan Loss Allowance | 425 |
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Net Charge Offs | 55 |
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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 | 33,285 |
| Total assets for the leverage ratio | 59,113 |
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Loans secured by real estate: | 24,040 |
| Tier 1 Leverage Ratio | 14.5 |
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Commercial and industrial loans | 4,648 |
| Off Balance Sheet Exposures (%) | 2.97 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 2,631 |
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:· Vergas State Bank
