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This institution is no longer active

Operations ceased on January 4, 1999. CRA examination history below reflects the period it was active.

STATE BANK OF LA SALLE (INCORPORATED)

LA SALLE, MN · Supervised by FDIC

Est. 1906FDIC #10,974RSSD: FDIC-10974
Satisfactory Same

Current rating · Exam: August 1996

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.54%

Institution Profile

FDIC BankFind

Address

Main Street, LA SALLE, MN

County

Watonwan County

Established

July 24, 1906

Total Assets

$31M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

August 1, 1996

Exam Type

Small Bank

Regulator

FDIC
What is a CRA rating? →
⚠️This exam is 29 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.
Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q4 1998Call Report / FDIC

Total Assets

$31M

Total Deposits

$26M

Net Loans

$17M

Net Income

$160K

ROA

0.54%

ROE

3.45%

Risk-Based Capital

23.98%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Rating History

CRA / FFIEC

Rating Trend

→ Stable

Based on last 3 exams

3 previous ratings locked — dating back to 1990

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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