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Banks · Minnesota

State Bank Of Fairmont

Fairmont, MN · FDIC Certificate #8541 · Chartered 06/0

Total assets
$154.22M
Total deposits
$139.05M
Total equity
$14.79M
Net loans
$104.44M
Branches (offices)
1
Net income (YTD)
$1.31M
Rank: #3,275 of 4,213 U.S. banks by assets · #132 of 221 in Minnesota. Assets changed 8.8% and deposits 8.9% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.74%
Return on equity18.13%
Net interest margin (YTD)3.88%
Equity to assets9.59%
Tier 1 leverage ratio10.40%
Uninsured deposits (share of deposits)23.5%
Noncurrent loans (share of loans)2.03%
Net charge-offs (share of loans)0.27%
Loans to deposits75.1%
Real estate loans (share of loans)46.4%

Loan mix

CategoryAmountShare
Real estate loans$48.42M
46.4%
Commercial & industrial$31.01M
29.7%
Consumer / individual$6.39M
6.1%
Construction & development$951.00K
0.9%
Agricultural$20.40M
19.5%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$126.92M$114.50M$790.00K$11.83M
Jun 2023$135.74M$123.61M$889.00K$11.89M
Jun 2024$136.47M$123.54M$896.00K$12.59M
Jun 2025$141.76M$127.73M$1.13M$13.65M
Jun 2026$154.22M$139.05M$1.31M$14.79M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Minnesota$139.05M1

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $139.05M.

Similar-sized banks

Spratt Savings Bank ($154.40M) · Waldo State Bank ($154.21M)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.

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