First State Bank and Trust is headquartered in Bayport and is the 69th largest bank in the state of Minnesota. It is also the 2,436th largest bank in the nation. It was established in 1914 and as of June of 2019, it had grown to 73 employees at 7 locations. First State Bank and Trust has an A health rating.
First State Bank and Trust is a wonderful bank. They are really nice and helpful to ALL their customers that walk into the branch. If there is ever an issue, they are quick to resolve it which is really nice. I have locked myself out of my account on multiple occasions and they are always so helpful and quick to help me get right back in. It's a great family like atmosphere upon walking into the branch as well. You really feel valued. You feel like you matter to them at and you aren't just another dollar sign walking in. I really like the ease of their online banking and bill pay system as well. It is easy to set up your payments and they have a helpful way to keep track of just how much you have in bill pay coming out on a monthly basis and what bills are upcoming. I would recommend this bank to family and friends.
|FDIC Certificate #||10159|
|Return on Assets - YTD||1.32%|
|Return on Equity - YTD||14.67%|
|Annual Interest Income||$5.3MM|
|Assets and Liabilities|
|Assets||Q2 2019vs Q2 2018||$260.3MM$238.0MM|
|Loans||Q2 2019vs Q2 2018||$182.3MM$171.8MM|
|Deposits||Q2 2019vs Q2 2018||$230.5MM$211.5MM|
|Equity Capital||Q2 2019vs Q2 2018||$24.1MM$21.5MM|
|Loan Loss Allowance||Q2 2019vs Q2 2018||$1.8MM$1.7MM|
|Unbacked Noncurrent Loans||Q2 2019vs Q2 2018||$0$55.00K|
|Real Estate Owned||Q2 2019vs Q2 2018||$0$0|
Rates for First State Bank and Trust are currently being reviewed.
|First State Bank and Trust Locations|
|Stillwater Branch||125 New England Place||Stillwater, MN 55082|
|First State Bank and Trust||219 2nd Street South||Hudson, WI 54016|
|Oak Park Heights Branch||5891 Neal Avenue North||Oak Park Heights, MN 55082|
|First State Bank and Trust||950 North Highway 95||Bayport, MN 55003|
|Woodland Hill Branch||441 Stageline Road||Hudson, WI 54016|