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BankSonar

The State Bank of Faribault

Faribault, MN · State, non-member commercial bank

62

Sonar Score

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out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$323.2M
Total deposits
$296.6M
Branches
3
Return on assets
1.16%
Return on equity
16.56%
Charter type
State, non-member commercial bank
Established
1919
FDIC cert #
1610

How the 62 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Strong returns on its asset base.

Return on equityweight 15%

Efficient use of shareholder capital.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at The State Bank of Faribault

The State Bank of Faribault is an FDIC-insured institution (Cert #1610). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

3 branch locations

428 Central Ave N

Faribault, MN 55021

202 Western Ave Nw

Faribault, MN 55021

6867 Boudin St Ne

Prior Lake, MN 55372

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