First State Bank of Swanville

306 Degraff St
Swanville, MN 56382

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 8218
Date Established 1907
Assets $0.03 billion
Loans $0.02 billion
Deposits $0.02 billion
Capital $0.00 billion

First State Bank of Swanville is an FDIC insured institution located in Swanville, MN. It was founded in 1907 and has approximately $0.03 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of First State Bank of Swanville's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - August 24, 2019

Your Current Location: Washington, WA 98101

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.15% $1,000 - Learn MoreShow Less
6 Mo CD
0.20% $1,000 - Learn MoreShow Less
12 Mo CD
0.95% $1,000 - Learn MoreShow Less
18 Mo CD
1.00% $1,000 - Learn MoreShow Less
24 Mo CD
1.25% $1,000 - Learn MoreShow Less
30 Mo CD
1.30% $1,000 - Learn MoreShow Less
36 Mo CD
1.51% $1,000 - Learn MoreShow Less
Special: 60 Mo CD
1.76% $5,000 - Learn MoreShow Less
60 Mo CD
1.76% $5,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.20% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $800 - Learn MoreShow Less

Loan Rates - August 24, 2019

Your Current Location: Washington, WA 98101

There are currently no loan rates available for First State Bank of Swanville

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.529% 3.500% 0.38 $898 $1,123 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.240 %
$0 Learn More
More Info

Note to First State Bank of Swanville
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Branches

First State Bank of Swanville branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


First State Bank of Swanville Locations


Financial Details

First State Bank of Swanville Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First State Bank of Swanville. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First State Bank of Swanville U.S. Bank Average
0% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2019, First State Bank of Swanville had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $3,907,000 in equity and $229,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
First State Bank of Swanville U.S. Bank Average
3.5% 9.47%

First State Bank of Swanville has a Return on Equity of 3.5% versus the BestCashCow average of 9.47%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First State Bank of Swanville U.S. Bank Average
15.6% 12.49%

First State Bank of Swanville has a Capitalization of 15.6% versus the BestCashCow average of 12.49. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First State Bank of Swanville Balance Sheet Analysis

As of March 31, 2019, First State Bank of Swanville had assets of $25,043,000, loans of $16,893,000, and deposits of $21,089,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.02 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.02 billion
LIABILITIES
Total deposits $0.02 billion
      Interest-bearing deposits $0.02 billion
      Deposits held in domestic offices $0.02 billion
      % insured (estimated) 91.95%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.02 billion
      Shareholders’ Equity $0.00 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in First State Bank of Swanville’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Minnesota, First State Bank of Swanville has a significantly higher percent of Commercial Real Estate 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 23.87
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 2.52
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 38.66
Commercial and Industrial Loans 22.35
Farm Loans 3.97

Frequently Asked Questions About First State Bank Of Swanville

Branches and Savings

Is First State Bank Of Swanville FDIC insured?

Yes. It is covered under FDIC Certificate #8218.

Why does First State Bank Of Swanville pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First State Bank Of Swanville CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First State Bank Of Swanville a commercial bank?

Yes

Where are First State Bank Of Swanville locations?

See branch locations nearby.

Is First State Bank Of Swanville open on Saturdays?

Is First State Bank Of Swanville open on Sundays?

What time does First State Bank Of Swanville open?

What time does First State Bank Of Swanville close?

Are First State Bank Of Swanville ATMs Open 24/7?

Do First State Bank Of Swanville ATMs accept cash deposits?

Can First State Bank Of Swanville customers use other ATMs?

Do First State Bank Of Swanville branches have notaries?

Will First State Bank Of Swanville notarize my document?

What address for First State Bank Of Swanville should I put for incoming ACH transfers?

Will the First State Bank Of Swanville branch print checks?

Do First State Bank Of Swanville checks expire?

Does First State Bank Of Swanville require US citizenship to open account?

Can First State Bank Of Swanville close my account?

Does First State Bank Of Swanville Report to credit bureaus?

Does First State Bank Of Swanville Use Equifax?

What is First State Bank Of Swanville's ACH Routing Number?

What is First State Bank Of Swanville's SWIFT code?

Products

Does First State Bank Of Swanville offer mortgages?

Compare mortgage rates here.

Does First State Bank Of Swanville offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First State Bank Of Swanville offer personal loans?

Compare personal loan rates here.

Does First State Bank Of Swanville offer student loans?

Will First State Bank Of Swanville cash a check?

Will First State Bank Of Swanville redeem a savings bond?

Does First State Bank Of Swanville cash savings bonds?

Will First State Bank Of Swanville cash money orders?

Can First State Bank Of Swanville issue a money order?

Does First State Bank Of Swanville do currency exchange?

Background on The Bank

Who owns First State Bank Of Swanville?

How long has First State Bank Of Swanville been around?

Can First State Bank Of Swanville transfer to other banks?

Does First State Bank Of Swanville have quick pay?

Does First State Bank Of Swanville accept rolled coins?

Will First State Bank Of Swanville accept loose change?

Where is First State Bank Of Swanville headquarters?

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