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Sterling State Bank
Austin, MN · FDIC Certificate #17863 · Chartered 05/0
Total assets
$461.88M
Total deposits
$359.53M
Total equity
$31.78M
Net loans
$304.91M
Branches (offices)
6
Net income (YTD)
$2.29M
Rank: #1,876 of 4,213 U.S. banks by assets · #55 of 221 in Minnesota. Assets changed -10.6% and deposits 5.4% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.98% |
| Return on equity | 14.53% |
| Net interest margin (YTD) | 3.54% |
| Equity to assets | 6.88% |
| Tier 1 leverage ratio | 8.54% |
| Uninsured deposits (share of deposits) | 46.2% |
| Noncurrent loans (share of loans) | 0.47% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 84.8% |
| Real estate loans (share of loans) | 90.5% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $275.82M | 90.5% | |
| Commercial & industrial | $29.29M | 9.6% | |
| Consumer / individual | $3.88M | 1.3% | |
| Construction & development | $9.96M | 3.3% | |
| Agricultural | $125.00K | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $482.38M | $374.12M | $1.18M | $20.56M |
| Jun 2023 | $498.06M | $340.81M | $385.00K | $16.08M |
| Jun 2024 | $509.88M | $336.40M | $661.00K | $19.37M |
| Jun 2025 | $516.40M | $341.22M | $1.46M | $27.30M |
| Jun 2026 | $461.88M | $359.53M | $2.29M | $31.78M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $359.53M | 6 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $359.53M.
Similar-sized banks
Northeast Security Bank ($461.93M) · The Missouri Bank ($461.45M)
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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