FIRST STATE BANK OF RED WING, THE

RED WING, MN | Micro | Est. Oct. 14, 1915, midnight | FDIC #8191 | RSSD #818559 | FDIC
Latest Report: 2025-12-31

FIRST STATE BANK OF RED WING, THE is amn micro FDIC-insured commercial bank headquartered in RED WING, MN, established in Oct. 14, 1915, midnight. As of 2025-12-31, the bank reported total assets of $86M and total deposits of $82M. Profitability stands at 0.31% ROA and 8.97% ROE, with a net interest margin of 2.80%. The bank's CET1 capital ratio is 20.60%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 1.05% and a Texas Ratio of 10.51%. FDIC Certificate #8191.

Assets

$86M

Deposits

$82M

Loans

$35M

Equity

$3M

Profitability

Return on Assets (ROA) 0.31%
Return on Equity (ROE) 8.97%
Net Interest Margin (NIM) 2.80%
Yield on Assets 4.24%
Cost of Funds 1.70%

Asset Quality

NPL Ratio 1.05%
Net Charge-Off Ratio 0.03%
Texas Ratio 10.51%
NPA Ratio 0.43%
ACL / Loans 0.83%

Capital & Liquidity

CET1 Ratio 20.60%
Tier 1 Capital 20.60%
Total Capital Ratio 21.35%
Leverage Ratio 9.12%
Loan-to-Deposit 42.70%

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