Vermillion State Bank
Vermillion, MN — Non-member Bank
Active
Vitals
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Total Assets526.9M -2.0 %
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Total Deposits451.0M -2.9 %
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Total Net Loans273.9M -2.5 %
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Net Income12.8M -4.3 %
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Book Value75.3M 3.7 %
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Book Value x2150.5M 3.7 %
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Book Value x3225.8M 3.7 %
Balance Sheet Highlights
| Financial Highlights | Vermillion State Bank | All Insured Commercial Banks in Minnesota |
| Balance Sheet $(000) | ||
| Total Assets | 526,875 | 147,703 |
| Total Net Loans | 273,895 | 97,223 |
| Total Deposits | 451,014 | 126,600 |
| Total Equity | 75,259 | 15,565 |
| Profitability | ||
| Net Income | 12,793 | 1,683 |
| Return on Average Assets | 2.425 | 1.08 |
| Return on Average Equity | 16.973 | 9.905 |
| Net Interest Margin | 3.565 | 3.845 |
| Efficiency Ratio | 26.024 | 68.21 |
| Noninterest Income/Revenue | 8.912 | 13.68 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 60.729 | 75.205 |
| Securities/Assets | .394 | .174 |
| Total Equity/Total Assets | .143 | .105 |
| Tangible Equity/Tangible Assets | .143 | .103 |
| Capital Adequacy | ||
| Tier 1 Common Capital | 75,564 | 15,225 |
| Tier 1 Capital | 75,564 | 15,232 |
| Tier 2 Capital | 4,066 | 1,135 |
| Total Capital | 79,630 | 16,386 |
| Total Risk Weighted Assets | 323,460 | 105,251 |
| Leverage Ratio | 14.42 | 10.475 |
| Common Equity Tier 1 Capital Ratio | 23.36 | 15.3 |
| Tier 1 Capital Ratio | 23.36 | 15.308 |
| Total Capital Ratio | 24.62 | 16.398 |
Timeline for Vermillion State Bank
Vermillion Bancshares, Inc.
Vermillion Bancshares, Inc. became a new parent organization for Vermillion State Bank.
View Profile Jan 31 1984
Vermillion State Bank
Vermillion State Bank was established 106 years ago and is currently headquartered in Vermillion, MN.
Aug 10 1918| Relationships | Role | Relationship Start | Relationship End |
| Vermillion Bancshares, Inc. | Parent | 12/31/1996 | |
| Vermillion Bancshares, Inc. | Parent | 8/1/1988 | 12/30/1996 |
| Vermillion Bancshares, Inc. | Parent | 8/15/1986 | 7/31/1988 |
| Vermillion Bancshares, Inc. | Parent | 1/31/1984 | 8/14/1986 |
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