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Vermillion State Bank
Vermillion, MN · FDIC Certificate #10214 · Chartered 08/1
Total assets
$931.38M
Total deposits
$806.60M
Total equity
$121.55M
Net loans
$417.19M
Branches (offices)
6
Net income (YTD)
$11.93M
Rank: #1,113 of 4,213 U.S. banks by assets · #21 of 221 in Minnesota. Assets changed 5.3% and deposits 4.8% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 2.56% |
| Return on equity | 19.79% |
| Net interest margin (YTD) | 3.26% |
| Equity to assets | 13.05% |
| Tier 1 leverage ratio | 13.40% |
| Uninsured deposits (share of deposits) | 30.2% |
| Noncurrent loans (share of loans) | 0.24% |
| Net charge-offs (share of loans) | -0.12% |
| Loans to deposits | 51.7% |
| Real estate loans (share of loans) | 77.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $321.13M | 77.0% | |
| Commercial & industrial | $72.28M | 17.3% | |
| Consumer / individual | $9.55M | 2.3% | |
| Construction & development | $3.15M | 0.8% | |
| Agricultural | $20.67M | 5.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $798.53M | $711.25M | $8.22M | $86.68M |
| Jun 2023 | $788.39M | $698.35M | $7.01M | $87.89M |
| Jun 2024 | $831.65M | $723.73M | $8.35M | $104.27M |
| Jun 2025 | $884.36M | $769.64M | $10.60M | $111.23M |
| Jun 2026 | $931.38M | $806.60M | $11.93M | $121.55M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $806.60M | 6 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $806.60M.
Similar-sized banks
Franklin Savings Bank ($931.39M) · Oxford Bank ($930.52M)
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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