Sterling State Bank

Details Sterling State Bank Sterling State Bank

www.sterlingstatebank.com

Minnesota

Mower

Austin

(NM) Commercial bank, state charter and Fed nonmember

active

17863

1958

FDIC Certificate Number: 17863
FDIC's unique number: 11804
The FDIC Field Office where an institution is physically located: Minneapolis

Federal Reserve ID Number: 144155
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 11
Number of Foreign Offices: 0
The date of the last data update: 2006-11-03

1958-05-01 Institution established. Original name: Sterling State Bank, Austin, Minnesota.
1990-04-09 Acquired Bank Of Lyle in Lyle, Minnesota.
1991-12-06 Acquired London State Bank in London, Minnesota.
2001-01-19 Changed name to Sterling State Bank .

Total assets: $290,453,000
Total deposits: $250,785,000
Deposits held in domestic offices: $250,785,000
Equity capital: $23,472,000

Net income: $180,000

Return on Assets: 0.13
Return on Equity: 1.56
Last updated on: 2011-10-20

Bank Holding Company: Sterling Financial Group, Inc.

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Profile ID: LFUS-BAB-P-6343