Advertisement

Banks · Minnesota

Red River State Bank

Halstad, MN · FDIC Certificate #15820 · Chartered 01/0

Total assets
$110.25M
Total deposits
$91.69M
Total equity
$17.73M
Net loans
$96.60M
Branches (offices)
2
Net income (YTD)
$1.27M
Rank: #3,603 of 4,213 U.S. banks by assets · #163 of 221 in Minnesota. Assets changed -5.1% and deposits -6.9% over the year to June 30, 2026.
Advertisement

Key ratios

Return on assets (YTD, annualized by FDIC)2.18%
Return on equity14.89%
Net interest margin (YTD)5.45%
Equity to assets16.09%
Tier 1 leverage ratio15.24%
Uninsured deposits (share of deposits)10.5%
Noncurrent loans (share of loans)8.88%
Net charge-offs (share of loans)-0.67%
Loans to deposits105.4%
Real estate loans (share of loans)37.2%

Loan mix

CategoryAmountShare
Real estate loans$35.94M
37.2%
Commercial & industrial$32.91M
34.1%
Consumer / individual$9.94M
10.3%
Construction & development$2.28M
2.4%
Agricultural$19.45M
20.1%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$131.89M$117.33M$1.45M$14.40M
Jun 2023$122.92M$106.37M$1.16M$16.21M
Jun 2024$122.50M$105.81M$1.09M$15.96M
Jun 2025$116.22M$98.48M$809.00K$16.81M
Jun 2026$110.25M$91.69M$1.27M$17.73M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Minnesota$91.69M2

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $91.69M.

Similar-sized banks

Bank Of Louisiana ($110.29M) · The Peoples Savings And Loan Company ($109.90M)

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.

Advertisement