State Bank of Fairmont Information

Basic Information

Bank Name: State Bank of Fairmont
Holding Company: Web, Inc.
Concentration: Agricultural Specialization

Address:
918 East Blue Earth Avenue
Fairmont, Minnesota 56031
United States

Website:

General Information

Established: 1917-06-01
Total Branches: 1
Headquarters Located: Fairmont
Assets: $ 106,962,000
Equity Capital: $ 11,349,000
Deposits: $ 94,922,000
Domestic Deposits: $ 94,922,000
Net Income: $ 417,000
Quarterly Net Income: $ 417,000
Return on Assets: 1.58%
Return on Equity: 14.86%
Pretax Return on Assets: 1.59%

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FDIC Information

Certificate No.: 8541
Insurance: 1934-01-01 00:00:00
Unique ID: 5449
Structural Event: Merge BIF and SAIF Funds into DIF
Supervisory Region: Kansas City

Federal Reserve District: Minneapolis
Federal Reserve ID No.: 723158
Geographic Region: Not Mentioned
Supervisory Region: Kansas City
Field Office: Mankato
Supervisory Office: Kansas City

More Information

County: Martin
State & County No.: 27091
State Identification Code: 27
Interstate Branches: No
Domestic Offices: 1
Conservatorship: No
CMSA Division No.: No

Trust Powers: No
CSA:
CSA Code:
CBSA: Fairmont, MN
CBSA Code: 21860
CBSA Metropolitan Statistical Areas:
City of High Holder: Fairmont
FFIEC Call Report 31 Filer: No

Chartering Agency: STATE
OCC Charter Number: 0
Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC.
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Office of Thrift Supervision Region: West
Regulator:
Office of the Comptroller (OCC) Districts: Central

Report Date: 31 March 2018,   Last Updated: 21 May 2018
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Professional and solid bank. Robert Ragasa at the Kamuela Branch was very helpful and professional. If you are looking for a solid bank: look no further.
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