Park State Bank
1106 88th Avenue West
Duluth, MN 55806
General Bank Information
FDIC Insured Yes
FDIC Certificate # 8851
Date Established 1916
Park State Bank is an FDIC insured institution located in Duluth, MN. It was founded in 1916 and has approximately $0.03 billion in assets. Customers can open an account via one of its 2 branches.
Park State Bank Financial Size
For a more detailed analysis of Park State Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Bank Loan Profile?
Comparison to Other Banks
|1-4 Family Residential Loans||42.90||✓|
|Credit Card Loans||0.00||✓|
|Consumer Auto Loans||1.59||✓|
|Small Business Loans||24.36||✓|
|Construction and Development Loans||0.00||✓|
|Commercial Real Estate||34.90||✓|
|Commercial and Industrial Loans||11.06||✓|
The top three loan types in Park State Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.
Compared to other banks in Minnesota, Park State Bank has a significantly higher percent of 1-4 Family Residential Loans on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.