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Sterling State Bank, Austin, Minnesota

Bank Details and Branch Locations
Sterling State Bank, Austin, Minnesota
Address (for main office)1419 1st Avenue Southwest
Austin, Minnesota 55912
ClassificationCommercial bank, state charter and Fed nonmember, supervised by the FDIC
Assets - The sum of all assets owned by this bank including cash, loans, securities, bank premises and other assets. This total does not include off-balance-sheet accounts. $252,135,000
Deposits - The sum of all deposits including demand deposits, money market deposits, other savings deposits, time deposits and deposits in foreign offices. $208,096,000
Net Income - Net interest income plus total non-interest income plus realized gains (losses) on securities and extraordinary items, less total non-interest expense, loan loss provisions and income taxes. $634,000
Equity capital - Total equity capital (includes preferred and common stock, surplus and undivided profits). $22,816,000
Return on assets (ROA) - Net income after taxes and extraordinary items (annualized) as a percent of average total assets 0.50
Pretax return on assets (Year to Date) - Annualized pre-tax net income as a percent of average assets. Note: Includes extraordinary items and other adjustments, net of taxes. 0.70
Return on Equity - Annualized net income as a percent of average equity on a consolidated basis. Note: If retained earnings are negative, the ratio is shown as. 5.66
Asset Concentration Hierarchy - A category that identifies an institutionís primary specialization in terms of asset concentration Commercial Lending Specialization


Sterling State Bank, Austin, Minnesota
Branch Offices (ordered by state and then city)

BranchDetails
Lakeville Branch
16366 Kenrick Avenue
Lakeville, Minnesota  55044
This branch located in Dakota county, Minnesota began operations on 1998-07-28 and has a service type of a "Full Service Brick and Mortar Office"
Lyle Main Branch
403 Main Street
Lyle, Minnesota  55953
This branch located in Mower county, Minnesota began operations on 1989-02-20 and has a service type of a "Full Service Brick and Mortar Office"
Coon Rapids Branch
3550 River Rapids Drive, N.W.
Minneapolis, Minnesota  55448
This branch located in Anoka county, Minnesota began operations on 2002-10-16 and has a service type of a "Full Service Brick and Mortar Office"
Rochester 25th Street Branch
10 25th Street Se
Rochester, Minnesota  55904
This branch located in Olmsted county, Minnesota began operations on 2001-10-22 and has a service type of a "Full Service Brick and Mortar Office"
Rochester Branch
1336 Apache Drive, S.W.
Rochester, Minnesota  55902
This branch located in Olmsted county, Minnesota began operations on 1995-07-05 and has a service type of a "Full Service Brick and Mortar Office"
North Rochester Branch
5600 East Frontage Road, Highway 52 North
Rochester, Minnesota  55904
This branch located in Olmsted county, Minnesota began operations on 1994-09-01 and has a service type of a "Full Service Brick and Mortar Office"
Rochester Facility
102 South Broadway
Rochester, Minnesota  55903
This branch located in Olmsted county, Minnesota began operations on 1993-04-12 and has a service type of a "Full Service Brick and Mortar Office"
Apple Branch
4520 150th Street West
Saint Paul, Minnesota  55124
This branch located in Dakota county, Minnesota began operations on 2001-05-29 and has a service type of a "Full Service Brick and Mortar Office"
Savage Branch
14185 Highway 13 South
Savage, Minnesota  55378
This branch located in Scott county, Minnesota began operations on 2005-02-21 and has a service type of a "Full Service Brick and Mortar Office"

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