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BankSonar

Sterling State Bank

Austin, MN · State, non-member commercial bank

59

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
$462.3M
Total deposits
$363.6M
Branches
6
Return on assets
0.92%
Return on equity
13.77%
Charter type
State, non-member commercial bank
Established
1958
FDIC cert #
17863

How the 59 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Modest but positive returns.

Return on equityweight 15%

Efficient use of shareholder capital.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at Sterling State Bank

Sterling State Bank is an FDIC-insured institution (Cert #17863). 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 →

6 branch locations

1419 1st Ave Sw

Austin, MN 55912

4200 Badger Hills Dr Nw

Rochester, MN 55901

16366 Kenrick Ave

Lakeville, MN 55044

4520 150th St W

Apple Valley, MN 55124

10 25th St Se

Rochester, MN 55904

14185 Highway 13 S

Savage, MN 55378

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