State Bank of Faribault

Overview / Commentary

www.tsbf.com

507-332-7401

428 Central Avenue
Faribault, MN 55021

State Bank of Faribault is headquartered in Faribault and is the 91^st largest bank in the state of Minnesota. It is also the 2,812^th largest bank in the nation. It was established in 1919 and as of September of 2019, it had grown to 46 employees at 3 locations. State Bank of Faribault has an A health rating.

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Health

Data as of Q3 2019

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Health Grade Components

Overall
FDIC Certificate #	1610
Year Established	1919
Employees	46
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.46%
Return on Equity - YTD	13.55%
Annual Interest Income	$6.9MM

Assets and Liabilities
Assets	Q3 2019vs Q3 2018	$208.9MM$212.6MM
Loans	Q3 2019vs Q3 2018	$133.4MM$124.8MM
Deposits	Q3 2019vs Q3 2018	$183.1MM$190.2MM
Equity Capital	Q3 2019vs Q3 2018	$23.6MM$20.8MM
Loan Loss Allowance	Q3 2019vs Q3 2018	$2.4MM$2.2MM
Unbacked Noncurrent Loans	Q3 2019vs Q3 2018	$10.00K$1.2MM
Real Estate Owned	Q3 2019vs Q3 2018	$276.00K$1.2MM

Rates

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Savings
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

State Bank of Faribault Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%	$100	-	Health Savings Account
0.25%	-	-	eSavings
0.25%^*	$100k^*	-	Select Savings
OTHER TIERS: 0.05% → Up to $2.5k \| 0.10% → $2.5k - $25k \| 0.15% → $25k - $50k \| 0.20% → $50k - $100k

State Bank of Faribault Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.55%	-	$25k	eChecking
0.30%^*	$100k^*	-	Rewards Checking Plus
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $25k \| 0.20% → $25k - $50k \| 0.25% → $50k - $100k
0.10%	$750	-	Select Checking

State Bank of Faribault CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	$1k	-	72 Month CD
0.95%	$1k	-	60 Month CD
0.80%	$1k	-	48 Month CD
0.65%	$1k	-	36 Month CD
0.60%	$2.5k	-	39 Month Change a Rate CD
0.45%	$1k	-	24 Month CD
0.40%	$1k	-	12 Month CD

State Bank of Faribault IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	$1k	-	72 Month IRA
0.95%	$1k	-	60 Month IRA
0.80%	$1k	-	48 Month IRA
0.65%	$1k	-	36 Month IRA
0.60%	$2.5k	-	39 Month Change a Rate IRA
0.45%	$1k	-	24 Month IRA
0.40%	$1k	-	12 Month IRA
0.35%	$50	-	3 Month IRA Variable

Locations

State Bank of Faribault Locations
Faribault Branch	202 Western Avenue	Faribault, MN 55021
The State Bank Of Faribault	428 Central Avenue	Faribault, MN 55021
Prior Lake Branch	6867 Boudin Street Ne	Prior Lake, MN 55372

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