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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 : |
2025-03-31 |
| Gilbert, Minnesota, 55741 |
Updated : |
2025-04-30 |
| 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 : |
14 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 82,237 |
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Total Interest Income | 970 |
| Total Liabilities | 76,426 |
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Total NonInterest Income | 33 |
| Total Bank Equity Capital | 5,811 |
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Total Interest Expense | 363 |
| Total Deposits | 70,562 |
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Total NonInterest Expense | 484 |
| Net Loans & Leases | 62,952 |
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Net Income | 113 |
| Loan Loss Allowance | 657 |
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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 | 6,352 |
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Total loans | 63,045 |
| Total assets for the leverage ratio | 81,828 |
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Loans secured by real estate: | 56,679 |
| Tier 1 Leverage Ratio | 7.1 |
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Commercial and industrial loans | 4,276 |
| Tier 1 Capital Ratio | 13.44 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.7 |
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Loans to individuals - Other | 3,396 |
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:· The First National Bank of Gilbert
