State Bank & Trust of Kenmare


State Bank & Trust of Kenmare is an FDIC insured institution headquartered at 4 2nd St Nw, Kenmare, ND 58746.
It was founded in 1925 and has approximately $0 billion in assets. Customers can open an account at one of its 3 branches.

Deposit Rates - October 31, 2025

Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 2057
Date Established 1925
Assets $ 181.80 million
Loans $ 89.65 million
Deposits $ 166.85 million
Capital $ 11.17 million

Summary Balance Sheet as of June 30, 2025

ASSETS
Cash & Balances due from depository institutions $ 3.08 million
Interest-bearing balances $ 0.65 million
Total securities $ 68.71 million
Federal funds sold and reverse repurchase $ 17.53 million
Net loans and leases $ 89.65 million
Loan loss allowance $ 0.87 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.18 million
All other assets $ 1.37 million
     Total Assets $ 170.63 million

LIABILITIES
Total deposits $ 166.85 million
      Interest-bearing deposits $ 146.85 million
      Deposits held in domestic offices $ 166.85 million
      % insured (estimated)" 70.93%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 3.45 million
Subordinated debt N.A.
All other liabilities $ 0.13 millionn
      Total Liabilities $ 170.63 million
      Shareholders’ Equity $ 11.17 million

Summary Income Statement as of June 30, 2025

INCOME AND EXPENSES
Total Interest Income $ 4.04 million
Total Interest Expense $ 1.81 million
Net interest income $ 2.23 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.05 million
Total non interest expense $ 1.56 million
Pre-tax Net Operating Income $ 0.44 million

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