Freeport State Bank, Financial Information

About Freeport State Bank

 Address:
111 Main Street East
Freeport, MN
Stearns County, Minnesota
 Established:
Jan 1908
 Number of domestic offices:
4
Agriculture bank
Total assets$135M
Net income$1M
Net income, quarterly$0M
Total deposits$119M
Domestic deposits$119M
Equity capital$13M
ROA0.72%
ROAQ, quarterly0.37%
ROA, pretax0.37%
ROAQ, quarterly, pretax0.35%
ROE7.27%
ROEQ, quarterly3.83%
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.

For more than 105 years, Freeport State Bank has served Freeport and surrounding areas with trusted banking services - from farm and business loans to personal savings and checking. Freeport State Bank locations are Freeport, New Munich, Melrose and Greenwald. Today, Freeport State Bank has an asset base of $91,000,000.00.

Freeport State Bank - Freeport
111 Main Street East
P.O. Box 187
Freeport, MN 56331
320-836-2126
800-252-9856
320-836-2175 fax

Freeport State Bank - New Munich
601 Main Street
P.O. Box 73
New Munich, MN 56356
320-256-7342
320-837-5297
320-837-5450 fax

Freeport State Bank - Melrose
219 East Main Street
P.O. Box 232
Melrose, MN 56352
320-256-7208
800-337-0292
320-256-7012 fax

Freeport State Bank - Greenwald
450 1st Ave. North
P.O. Box 66
Greenwald, MN 56335
320-987-2265
800-337-0292
320-987-2266 fax