Vergas State Bank Information
Basic Information
Bank Name: Vergas State Bank
Holding Company: Vergas Bancorporation, Inc.
Concentration: All Other < $1 Billion
106 East Main Street
Vergas, Minnesota 56587
United States
Website: http://www.vergasstatebank.com
General Information
Established: 1909-09-01
Total Branches: 1
Headquarters Located: Vergas
Assets: $ 47,790,000
Equity Capital: $ 7,218,000
Deposits: $ 40,452,000
Domestic Deposits: $ 40,452,000
Net Income: $ 61,000
Quarterly Net Income: $ 61,000
Return on Assets: 0.51%
Return on Equity: 3.37%
Pretax Return on Assets: 0.63%
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FDIC Information
Certificate No.: 9747
Insurance: 1934-01-01 00:00:00
Unique ID: 6235
Structural Event: Merge BIF and SAIF Funds into DIF
Supervisory Region: Kansas City
Federal Reserve District: Minneapolis
Federal Reserve ID No.: 804150
Geographic Region: Not Mentioned
Supervisory Region: Kansas City
Field Office: Fargo
Supervisory Office: Kansas City
More Information
County: Otter Tail
State & County No.: 27111
State Identification Code: 27
Interstate Branches: No
Domestic Offices: 1
Conservatorship: No
CMSA Division No.: No
Trust Powers: No
CSA:
CSA Code:
CBSA: Fergus Falls, MN
CBSA Code: 22260
CBSA Metropolitan Statistical Areas:
City of High Holder: Vergas
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