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Banks · Minnesota

Welcome State Bank

Welcome, MN · FDIC Certificate #11417 · Chartered 01/0

Total assets
$44.28M
Total deposits
$38.05M
Total equity
$5.73M
Net loans
$30.05M
Branches (offices)
1
Net income (YTD)
$651.00K
Rank: #4,073 of 4,213 U.S. banks by assets · #210 of 221 in Minnesota. Assets changed 3.4% and deposits 4.4% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)2.94%
Return on equity23.20%
Net interest margin (YTD)4.67%
Equity to assets12.95%
Tier 1 leverage ratio12.81%
Uninsured deposits (share of deposits)16.1%
Noncurrent loans (share of loans)0.00%
Net charge-offs (share of loans)-0.05%
Loans to deposits79.0%
Real estate loans (share of loans)71.0%

Loan mix

CategoryAmountShare
Real estate loans$21.34M
71.0%
Commercial & industrial$2.22M
7.4%
Consumer / individual$1.75M
5.8%
Construction & development$358.00K
1.2%
Agricultural$5.19M
17.3%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$38.62M$34.61M$285.00K$3.73M
Jun 2023$40.20M$35.22M$468.00K$4.00M
Jun 2024$39.50M$33.91M$535.00K$4.61M
Jun 2025$42.83M$36.47M$573.00K$5.12M
Jun 2026$44.28M$38.05M$651.00K$5.73M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Minnesota$38.05M1

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $38.05M.

Similar-sized banks

Cornerstone Community Bank ($44.49M) · Washita State Bank ($44.27M)

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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