Park State Bank, Financial Information

AboutPark State Bank

 Address:
2630 West Superior Street
Duluth,MN
Saint Louis County,Minnesota
 Established:
Jun 1916
 Number of domestic offices:
5
Total assets$223M
Net income$5M
Net income,quarterly$1M
Total deposits$172M
Domestic deposits$172M
Equity capital$20M
ROA2.31%
ROAQ,quarterly1.35%
ROA,pretax1.35%
ROAQ,quarterly,pretax1.98%
ROE22.64%
ROEQ,quarterly15.57%
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.

Park State Bank is a full service financial institution that treats all customers and their assets with respect, is committed to the financial well-being of it customers, and provides quality personal service alongside affordable products.

Park State Bank has been serving the good people of Minnesota since 1916. In 1997, the bank built an office in the Lincoln Park neighborhood. Focusing on the independent entrepreneur, Park State Bank expanded again in 2004 to the Minneapolis Warehouse District, a unique historical area that houses many entrepreneurial businesses of an artistic nature and has a highly active entertainment scene.

Minneapolis - Warehouse District 430 1st Ave. No., Suite 104
Minneapolis, MN 55401
Phone: 612-238-0430

Lobby Hours
Mon - Fri 8:30am - 4:30pm