Vitals
  • Total Assets
    82.6M -2.2 %
  • Total Deposits
    74.2M -3.0 %
  • Total Net Loans
    51.1M 0.1 %
  • Net Income
    1.3M 111.1 %
  • Book Value
    8.3M 6.4 %
  • Book Value x2
    16.6M 6.4 %
  • Book Value x3
    25.0M 6.4 %
ROAA

1.672

ROAE

15.545

Efficiency Ratio

61.046

Net Interest Margin

4.394

Balance Sheet Highlights
Financial Highlights Red River State Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 82,559 147,703
Total Net Loans 51,137 97,223
Total Deposits 74,159 126,600
Total Equity 8,318 15,565
Profitability
Net Income 1,315 1,683
Return on Average Assets 1.672 1.08
Return on Average Equity 15.545 9.905
Net Interest Margin 4.394 3.845
Efficiency Ratio 61.046 68.21
Noninterest Income/Revenue 8.274 13.68
Balance Sheet Ratios
Loan-to-Deposit 68.956 75.205
Securities/Assets .075 .174
Total Equity/Total Assets .101 .105
Tangible Equity/Tangible Assets .092 .103
Capital Adequacy
Tier 1 Common Capital 7,819 15,225
Tier 1 Capital 7,819 15,232
Tier 2 Capital 528 1,135
Total Capital 8,347 16,386
Total Risk Weighted Assets 47,891 105,251
Leverage Ratio 9.76 10.475
Common Equity Tier 1 Capital Ratio 16.33 15.3
Tier 1 Capital Ratio 16.33 15.308
Total Capital Ratio 17.43 16.398

Timeline for Red River State Bank

First State Bank Of Fertile

Acquisition: Red River State Bank acquired a new subsidiary, First State Bank Of Fertile, 8 years

View Profile Dec 12 2015

Red River Financial Services, Inc.

Red River Financial Services, Inc. became a new parent organization for Red River State Bank.

View Profile Dec 15 1993

Aarestad Farm Products, Inc.

Aarestad Farm Products, Inc. became a new parent organization for Red River State Bank.

View Profile Dec 31 1970

Red River State Bank

Red River State Bank was established 90 years ago and is currently headquartered in Halstad, MN.

Jan 01 1934
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First State Bank Of Fertile Seller 36,577 Acquisition Discontinued 12/12/2015
Relationships Role Relationship Start Relationship End
Red River Financial Services, Inc. Parent 12/15/1993
Aarestad Farm Products, Inc. Parent 12/31/1974 12/29/1981
Aarestad Farm Products, Inc. Parent 12/31/1972 12/30/1974
Aarestad Farm Products, Inc. Parent 12/31/1970 12/30/1972
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