Vitals
  • Total Assets
    49.8M -1.3 %
  • Total Deposits
    42.5M -1.8 %
  • Total Net Loans
    19.4M 16.7 %
  • Net Income
    430000.0000 56.4 %
  • Book Value
    7.1M 3.9 %
  • Book Value x2
    14.3M 3.9 %
  • Book Value x3
    21.4M 3.9 %
ROAA

.884

ROAE

6.158

Efficiency Ratio

73.719

Net Interest Margin

2.574

Balance Sheet Highlights
Financial Highlights Vergas State Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 49,779 147,703
Total Net Loans 19,383 97,223
Total Deposits 42,545 126,600
Total Equity 7,147 15,565
Profitability
Net Income 430 1,683
Return on Average Assets .884 1.08
Return on Average Equity 6.158 9.905
Net Interest Margin 2.574 3.845
Efficiency Ratio 73.719 68.21
Noninterest Income/Revenue 6.776 13.68
Balance Sheet Ratios
Loan-to-Deposit 45.559 75.205
Securities/Assets .308 .174
Total Equity/Total Assets .144 .105
Tangible Equity/Tangible Assets .144 .103
Capital Adequacy
Tier 1 Common Capital 7,206 15,225
Tier 1 Capital 7,206 15,232
Tier 2 Capital 285 1,135
Total Capital 7,491 16,386
Total Risk Weighted Assets 22,670 105,251
Leverage Ratio 14.6 10.475
Common Equity Tier 1 Capital Ratio 31.79 15.3
Tier 1 Capital Ratio 31.79 15.308
Total Capital Ratio 33.04 16.398

Timeline for Vergas State Bank

Vergas Bancorporation, Inc.

Vergas Bancorporation, Inc. became a new parent organization for Vergas State Bank.

View Profile Apr 20 1994

Otto Bremer Trust

Otto Bremer Trust became a new parent organization for Vergas State Bank.

View Profile May 09 1956

Vergas State Bank

Vergas State Bank was established 114 years ago and is currently headquartered in Vergas, MN.

Sep 01 1909
Relationships Role Relationship Start Relationship End
Otto Bremer Trust Parent 5/9/1956
Vergas Bancorporation, Inc. Parent 4/20/1994
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