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The First National Bank of Gilbert
The First National Bank of Gilbert
| RSSD ID 975452 | CERTIFICATE 5150 | ABA NUMBER 91202480 |
| 2 N Broadway Ave |
Quarter Ended : |
2025-12-31 |
| Gilbert, Minnesota, 55741 |
Updated : |
2026-01-30 |
| www.gilbertbank.com |
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| Institution Profile |
| Year Opened : |
1908 |
Institution Type : |
Commercial bank |
| Entity Type : |
Federal |
Federal Regulator : |
OCC |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Mortgage Lending Specialization |
| Number of Offices : |
2 |
Number of Employees : |
15 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 85,176 |
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Total Interest Income | 4,193 |
| Total Liabilities | 79,168 |
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Total NonInterest Income | 139 |
| Total Bank Equity Capital | 6,008 |
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Total Interest Expense | 1,430 |
| Total Deposits | 73,286 |
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Total NonInterest Expense | 2,154 |
| Net Loans & Leases | 67,705 |
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Net Income | 502 |
| Loan Loss Allowance | 707 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 6,569 |
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Total loans | 68,357 |
| Total assets for the leverage ratio | 84,977 |
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Loans secured by real estate: | 60,872 |
| Tier 1 Leverage Ratio | 7.04 |
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Commercial and industrial loans | 4,327 |
| Tier 1 Capital Ratio | 12.7 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.95 |
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Loans to individuals - Other | 3,255 |
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