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The State Bank Of Faribault
Faribault, MN · FDIC Certificate #1610 · Chartered 11/1
Total assets
$329.20M
Total deposits
$301.41M
Total equity
$23.86M
Net loans
$175.88M
Branches (offices)
3
Net income (YTD)
$1.84M
Rank: #2,341 of 4,213 U.S. banks by assets · #82 of 221 in Minnesota. Assets changed 5.1% and deposits 3.8% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.14% |
| Return on equity | 16.08% |
| Net interest margin (YTD) | 4.12% |
| Equity to assets | 7.25% |
| Tier 1 leverage ratio | 9.31% |
| Uninsured deposits (share of deposits) | 28.7% |
| Noncurrent loans (share of loans) | 0.13% |
| Net charge-offs (share of loans) | -0.06% |
| Loans to deposits | 58.4% |
| Real estate loans (share of loans) | 79.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $139.03M | 79.0% | |
| Commercial & industrial | $28.86M | 16.4% | |
| Consumer / individual | $5.56M | 3.2% | |
| Construction & development | $8.81M | 5.0% | |
| Agricultural | $5.70M | 3.2% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $289.62M | $274.96M | $1.48M | $11.84M |
| Jun 2023 | $288.92M | $266.82M | $1.22M | $11.23M |
| Jun 2024 | $303.76M | $286.73M | $694.00K | $13.47M |
| Jun 2025 | $313.33M | $290.35M | $1.14M | $18.97M |
| Jun 2026 | $329.20M | $301.41M | $1.84M | $23.86M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $301.41M | 3 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $301.41M.
Similar-sized banks
Stifel Trust Company Delaware, National Association ($329.51M) · Citizens Savings Bank ($329.09M)
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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