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 Glenwood State Bank (Incorporated)
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Glenwood State Bank (Incorporated)
| RSSD ID 975854 | CERTIFICATE 8853 | ABA NUMBER 91902023 |
| 5 E Minnesota Ave |
Quarter Ended : |
2026-06-30 |
| Glenwood, Minnesota, 56334 |
Updated : |
2026-07-29 |
| www.glenwoodstate.bank |
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| 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 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
72 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 545,208 |
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Total Interest Income | 16,140 |
| Total Liabilities | 489,042 |
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Total NonInterest Income | 930 |
| Total Bank Equity Capital | 56,166 |
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Total Interest Expense | 5,741 |
| Total Deposits | 469,449 |
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Total NonInterest Expense | 6,623 |
| Net Loans & Leases | 484,122 |
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Net Income | 4,705 |
| Loan Loss Allowance | 5,934 |
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Net Charge Offs | (64) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 62,134 |
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Total loans | 489,858 |
| Total assets for the leverage ratio | 547,773 |
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Loans secured by real estate: | 366,985 |
| Tier 1 Leverage Ratio | 10.28 |
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Commercial and industrial loans | 63,049 |
| Tier 1 Capital Ratio | 12.14 |
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Loans to individuals - Credit Cards | 976 |
| Total Capital Ratio | 13.39 |
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Loans to individuals - Other | 9,510 |
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:· Glenwood State Bank (Incorporated)
