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State Bank of Park Rapids, Financial Information

AboutState Bank of Park Rapids

 Address:
200 East 1st Street
Park Rapids,MN
Hubbard County,Minnesota
 Established:
Jun 1902
 Number of domestic offices:
1
Total assets$90M
Net income$1M
Net income,quarterly$0M
Total deposits$76M
Domestic deposits$76M
Equity capital$10M
ROA1.41%
ROAQ,quarterly0.72%
ROA,pretax0.72%
ROAQ,quarterly,pretax0.72%
ROE12.67%
ROEQ,quarterly6.46%
UpdatedApr 11, 2013

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.

State Bank of Park Rapids was founded in 1902. For 109 years State Bank of Park Rapids has been a pillar in the Park Rapids community.

State Bank is your hometown bank. As mega-banks continue to buy out customer-friendly community banks, State Bank of Park Rapids remains steadfast in it's mission to continue to serve its customers as friends and family. With a current asset size of roughly $100 million, the bank is small enough to know its customers by name, yet large enough to offer the services you want; from Safe-Deposit Boxes to Merchant Remote Deposit, and everything in between.

State Bank of Park Rapids
200 1st St E
Park Rapids, MN 56470
Tel: 218-732-3366 or Toll Free 888-560-3366

Historical Data