Overview / Commentary
Baltic State Bank is headquartered in Baltic and is the 138th largest bank in the state of Ohio. It is also the 4,067th largest bank in the nation. It was established in 1902 and as of June of 2022, it had grown to 20 employees at 3 locations. Baltic State Bank has a B+ health rating.
Health
B+
Data as of Q2 2022
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Baltic State Bank has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 17759 |
| Year Established | 1902 |
| Employees | 20 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.89% |
| Return on Equity - YTD | 13.54% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $91.7MM$90.3MM |
| Loans | Q2 2022vs Q2 2021 | $73.2MM$66.1MM |
| Deposits | Q2 2022vs Q2 2021 | $85.4MM$83.7MM |
| Equity Capital | Q2 2022vs Q2 2021 | $5.8MM$6.3MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $617.00K$529.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $0$0 |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |