Vitals
  • Total Assets
    275.9M 4.1 %
  • Total Deposits
    229.3M 2.1 %
  • Total Net Loans
    132.9M 0.8 %
  • Net Income
    4.5M 4.2 %
  • Book Value
    26.2M 0.6 %
  • Book Value x2
    52.4M 0.6 %
  • Book Value x3
    78.6M 0.6 %
ROAA

1.858

ROAE

16.816

Efficiency Ratio

55.709

Net Interest Margin

3.646

Balance Sheet Highlights
Financial Highlights First State Bank Southwest All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 275,949 147,703
Total Net Loans 132,907 97,223
Total Deposits 229,338 126,600
Total Equity 26,186 15,565
Profitability
Net Income 4,502 1,683
Return on Average Assets 1.858 1.08
Return on Average Equity 16.816 9.905
Net Interest Margin 3.646 3.845
Efficiency Ratio 55.709 68.21
Noninterest Income/Revenue 21.979 13.68
Balance Sheet Ratios
Loan-to-Deposit 57.953 75.205
Securities/Assets .345 .174
Total Equity/Total Assets .095 .105
Tangible Equity/Tangible Assets .093 .103
Capital Adequacy
Tier 1 Common Capital 26,830 15,225
Tier 1 Capital 26,830 15,232
Tier 2 Capital 2,024 1,135
Total Capital 28,854 16,386
Total Risk Weighted Assets 161,590 105,251
Leverage Ratio 10.8 10.475
Common Equity Tier 1 Capital Ratio 16.6 15.3
Tier 1 Capital Ratio 16.6 15.308
Total Capital Ratio 17.86 16.398

Timeline for First State Bank Southwest

First Rushmore Bancorporation, Inc.

First Rushmore Bancorporation, Inc. became a new parent organization for First State Bank Southwest.

View Profile Feb 09 1993

First Rushmore Bancshares, Inc.

First Rushmore Bancshares, Inc. became a new parent organization for First State Bank Southwest.

View Profile Aug 02 1982

First State Bank Southwest

First State Bank Southwest was established 121 years ago and is currently headquartered in Pipestone, MN.

Jan 01 1903
Relationships Role Relationship Start Relationship End
First Rushmore Bancorporation, Inc. Parent 10/1/1993
First Rushmore Bancshares, Inc. Parent 9/30/1983 9/30/1993
First Rushmore Bancorporation, Inc. Parent 2/9/1993 9/30/1993
First Rushmore Bancshares, Inc. Parent 8/2/1982 9/29/1983
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