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Vermillion State Bank, Financial Information

About Vermillion State Bank

 Address:
107 E Main St.
Vermillion, MN
Dakota County, Minnesota
 Established:
Aug 1918
 Number of domestic offices:
6
Total assets$708M
Net income$14M
Net income, quarterly$2M
Total deposits$617M
Domestic deposits$617M
Equity capital$91M
ROA2.15%
ROAQ, quarterly1.25%
ROA, pretax1.25%
ROAQ, quarterly, pretax1.25%
ROE14.3%
ROEQ, quarterly8.95%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Vermillion State Bank is a commercial bank, state charter and Fed nonmember, supervised by the FDIC. The bank was established in 1918. Vermillion State Bank offers Deposit Products, Loan Products, Mortgage Products.

Vermillion
107 E. Main St.
P.O. Box 28
Vermillion, MN 55085
(651) 437-4433
(651) 437-4321 (fax)

Hastings West
975 Lyn Way.
Hastings, MN 55033
(651) 437-8288
(651) 438-2874 (fax)

Hastings South
255 W. 33rd St.
Hastings, MN 55033
(651) 437-7775
(651) 437-8455 (fax)

Inver Grove Heights
2975 80th St. E.
Inver Grove Heights, MN 55076
(651) 455-9596
(651) 455-9549 (fax)

Rosemount
15040 Canada Avenue
Rosemount, MN 55068
(651) 423-4303
(651) 423-9213 (fax)

Historical Data