|
 |
|
|
 Glenwood State Bank (Incorporated)
Glenwood State Bank (Incorporated)
| RSSD ID 975854 | CERTIFICATE 8853 | ABA NUMBER 91902023 |
| 5 E Minnesota Ave |
Quarter Ended : |
2025-03-31 |
| Glenwood, Minnesota, 56334 |
Updated : |
2025-04-30 |
| www.glenwoodstate.bank |
|
| Institution Profile |
| Year Opened : |
1907 |
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 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
73 |
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 540,652 |
|
Total Interest Income | 7,781 |
| Total Liabilities | 490,472 |
|
Total NonInterest Income | 379 |
| Total Bank Equity Capital | 50,180 |
|
Total Interest Expense | 3,295 |
| Total Deposits | 469,176 |
|
Total NonInterest Expense | 3,178 |
| Net Loans & Leases | 486,548 |
|
Net Income | 1,687 |
| Loan Loss Allowance | 5,799 |
|
Net Charge Offs | (5) |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 56,315 |
|
Total loans | 499,081 |
| Total assets for the leverage ratio | 546,999 |
|
Loans secured by real estate: | 357,314 |
| Tier 1 Leverage Ratio | 9.24 |
|
Commercial and industrial loans | 84,638 |
| Tier 1 Capital Ratio | 10.35 |
|
Loans to individuals - Credit Cards | 752 |
| Total Capital Ratio | 11.54 |
|
Loans to individuals - Other | 9,426 |
|
|
|
|
:· Glenwood State Bank (Incorporated)
