Rushford State Bank (Incorporated)
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Data as of · sourced from FFIEC call reports. How we update
Rushford State Bank (Incorporated) is an FDIC-insured commercial bank headquartered in Rushford, MN, established in 1867 (FDIC certificate 11411), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $114.7M, up 8.6% from Q2 2025, the 157th largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 13.33% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 11411
- Headquarters
- Rushford, MN
- Established
- 1867
- Total assets, Q2 2026
- $114.7M
- Assets vs Q2 2025
- +8.6%
- CET1 ratio, Q2 2026
- 13.33%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 091203544
- Latest call report
- Q2 2026, FFIEC 051 · Rushford State Bank (Incorporated) call report
- Holding company
- GEBSCO, INC.
- Asset rank in state
- 157th of 221 in Minnesota
Rushford State Bank (Incorporated) spends more to run itself than most banks of its size. Based in Rushford, Minnesota, it had $115 million in assets at June 30, 2026, up 8.6% from a year earlier. It loses about $0.22 a year on every $100 of assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median $1.28). It also spends about 83 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 61 cents).
It lost $64,000 in the quarter. Over the same year, loans shrank 3.9% and deposits grew 6.1%. Where it has less room is capital: it funds 6.77% of its assets with Tier 1 capital, lower than about 9 in 10 banks its size (median 10.99%).
As of June 30, 2026, Rushford State Bank (Incorporated) reported a CET1 capital ratio of 13.33%, a return on assets of -0.22%, a nonperforming-loan ratio of 0.93% and a Texas ratio of 6.56%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Rushford State Bank (Incorporated) is the 157th largest of the 221 banks headquartered in Minnesota. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 0.1% to $114.7M, loans fell 0.2% and deposits fell 2.1%. 1-4 family residential loans made up 36.5% of its total loans on June 30, 2026, its largest category; next came farmland and other real estate loans at 32.0%. Its 2 offices in the FDIC Summary of Deposits are in Rushford, MN and Houston, MN; its Rushford office books 100% of its branch deposits. By the capital ratios in its Q2 2026 call report, Rushford State Bank (Incorporated) meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 219 S Mill St, Rushford, MN 55971
- County
- Fillmore
- Metro Area
- Rochester, MN
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- March 7, 1867
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 16
- Domestic deposits
- $104.8M
- Allowance for credit losses
- $498K
- Net charge-offs (YTD)
- -$5K
- Average total assets
- $115.9M
- Average total loans
- $58.1M
- Average interest-bearing deposits
- $81.4M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 11411
- Fed RSSD
- 884657
- Website
- www.rushfordstatebank.com →
- Parent Holding Company
- GEBSCO, INC. (RSSD 1126082)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Rushford State Bank (Incorporated)'s total assets ran between $94.6M (Q2 2024) and $114.7M (Q2 2026), and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$114.7M total assets against $105.7M; $105.2M total liabilities against $99.1M.
$57.9M net loans and leases against $60.3M; $104.8M total deposits against $98.7M.
$24.7M securities against $18.4M; $27.5M cash and balances due against $24.2M.
-$1.1M total interest income against $1.4M; -$394K total interest expense against $469K.
-$712K net interest income against $888K.
-$50K total noninterest income against $51K; -$638K total noninterest expense against $607K.
-$36K provision for credit losses against $0.
-$64K net income against $332K.
-0.22% return on assets against 1.26%; -2.63% net interest margin against 3.54%.
13.33% CET1 capital ratio against 11.73%; 6.77% tier 1 leverage ratio against 6.57%.
Inside the full Rushford State Bank (Incorporated) terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeRushford State Bank (Incorporated) rankings
Its closest position to the top of a national ranking is 1,033 of 3,640, for Texas Ratio; its furthest is 3,532 of 3,611, for ROA.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -0.22% (Q2 2026) to 2.40% (Q4 2024) and its net interest margin ran from -2.63% (Q2 2026) to 3.62% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.33% | -0.22% | 0.93% | 6.56% | -2.63% |
| Q1 2026 | 12.85% | 0.95% | 1.16% | 8.97% | 3.50% |
| Q4 2025 | 12.44% | 0.84% | 1.26% | 9.77% | 3.60% |
| Q3 2025 | 11.80% | 1.21% | 1.23% | 10.31% | 3.62% |
| Q2 2025 | 11.73% | 1.26% | 0.84% | 7.21% | 3.54% |
| Q1 2025 | 11.72% | 0.96% | 0.03% | 0.27% | 3.35% |
| Q4 2024 | 11.76% | 2.40% | 0.03% | 0.29% | 3.38% |
| Q3 2024 | 10.88% | 0.81% | 0.07% | 0.64% | 3.50% |
Swipe the table sideways to see every column.
Branch Network
View all 2 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Rushford State Bank (Incorporated) (main office) | Rushford , MN | 55971 | $104.8M |
| Houston Branch | Houston , MN | 55943 | $0 |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 191 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $86K approved, $86K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 1997 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Rushford State Bank (Incorporated)
What are Rushford State Bank (Incorporated)'s total assets?
As of the Q2 2026 filing, Rushford State Bank (Incorporated) reported total assets of $114.7 million in its FFIEC call report.
Where is Rushford State Bank (Incorporated) headquartered?
It is headquartered in Rushford, MN, United States.
When was Rushford State Bank (Incorporated) founded?
It was established in 1867, per the FDIC institution directory.
Is Rushford State Bank (Incorporated) FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #11411). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Rushford State Bank (Incorporated)?
Rushford State Bank (Incorporated)'s primary federal regulator is the FDIC.
What is Rushford State Bank (Incorporated)'s CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.33% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Rushford State Bank (Incorporated) operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Rushford State Bank (Incorporated)'s Texas Ratio?
Its Texas Ratio is 6.56% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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