Belgrade State Bank, Financial Information

About Belgrade State Bank

 Address:
401 Main Street
Belgrade, MO
Washington County, Missouri
 Established:
Jun 1906
 Number of domestic offices:
6
Total assets$333M
Net income$3M
Net income, quarterly$0M
Total deposits$303M
Domestic deposits$303M
Equity capital$28M
ROA0.88%
ROAQ, quarterly0.37%
ROA, pretax0.37%
ROAQ, quarterly, pretax0.41%
ROE9.74%
ROEQ, quarterly4.25%
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.

Belgrade State Bank has a rich history dating back to 1906. Washington County was prospering as mining operations were in full swing in the Leadbelt. To help meet the financial needs of the county, several businessmen of the area, including John and Ed Walton and W.W. Turner, decided to start a bank. On June 6, 1906, Belgrade State Bank was born. It began doing business in a side room of the Belgrade Mercantile Company.

On November 22, 1995, Belgrade State Bank received approval from the Commissioner of the Division of Finance to open another office at 414 N. State Street in Desloge. The grand opening of the new Desloge office was held on June 6, 1997—91 years to the day after the founding of Belgrade State Bank. Three years later, total assets of the bank surpassed $100 million on January 20, 2000.

In 2001, the newest office in Farmington was opened. This facility, located at 515 W. Karsch Blvd, began doing business May 21, 2001. The most conveniently located 24-hour ATM in town accompanies it. The Farmington branch was renovated in 2009 to include a second story for executive offices and a coffee shop, Wise Grounds Coffee, on the south side of the building. After 107 years, Belgrade State Bank still remains a completely family owned and operated bank.

Belgrade
14185 Highway C
Belgrade, MO 63622
Phone (573) 766-5315
Fax (573) 766-5727

Caledonia
101 S. State Highway 21
Caledonia, MO 63631
Phone (573) 779-3311
Fax (573) 779-3545

Desloge
414 N State Street
Desloge, MO 63601
Phone (573) 431-3999
Fax (573) 431-9495

Farmington
515 West Karsch
Farmington, MO 63640
Phone (573) 760-9000
Fax (573) 760-1970

Potosi
306 N. Missouri Street
Potosi, MO 63664
Phone (573) 438-5200
Fax (573) 438-4250

Potosi Drive-Up
801 E. High Street
Potosi, MO 63664
Phone (573) 436-5200
Fax (573) 436-5202