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 Rushford State Bank (Incorporated)
Rushford State Bank (Incorporated)
| RSSD ID 884657 | CERTIFICATE 11411 | ABA NUMBER 91203544 |
| 219 S Mill St |
Quarter Ended : |
2025-03-31 |
| Rushford, Minnesota, 55971 |
Updated : |
2025-04-21 |
| www.rushfordstatebank.com |
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| Institution Profile |
| Year Opened : |
1867 |
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 : |
17 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 106,182 |
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Total Interest Income | 1,269 |
| Total Liabilities | 100,011 |
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Total NonInterest Income | 53 |
| Total Bank Equity Capital | 6,171 |
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Total Interest Expense | 428 |
| Total Deposits | 99,648 |
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Total NonInterest Expense | 647 |
| Net Loans & Leases | 58,813 |
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Net Income | 247 |
| Loan Loss Allowance | 469 |
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Net Charge Offs | (1) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 7,149 |
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Total loans | 58,591 |
| Total assets for the leverage ratio | 102,450 |
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Loans secured by real estate: | 44,469 |
| Tier 1 Leverage Ratio | 6.52 |
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Commercial and industrial loans | 4,881 |
| Tier 1 Capital Ratio | 11.72 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.54 |
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Loans to individuals - Other | 4,715 |
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:· Rushford State Bank (Incorporated)
