Fairmont, MN
Bank State Bank of Fairmont
State Bank of Fairmont is a federally insured bank based in Fairmont, Minnesota.
- Type
- Bank
- Charter
- State-chartered commercial bank, not a Federal Reserve member
- Primary regulator
- FDIC
- Established
- June 1, 1917
- Headquarters
- Fairmont, MN
- FDIC certificate #
- 8541
- Fed RSSD ID
- 723158
- Holding company
- Web Inc
- Website
- www.sbof.com
$155.7M
Total assets Data as of Q1 2026
$140.8M
Total deposits Data as of Q1 2026
1
Branch locations Data as of Q1 2026
$680K
Net income Data as of Q1 2026
1.83%
Return on assets Data as of Q1 2026
Source: U.S. FDIC BankFind & NCUA 5300 Call Report (public data). Data sources · Data as of Q1 2026
Branches by state
State Bank of Fairmont operates 1 branch location in Minnesota. Select a state to drill down to its towns and individual branches.
Ownership
State Bank of Fairmont is owned by Web Inc. See the full ownership & merger history.
State Bank of Fairmont financial summary
Other banks in Minnesota
Federally insured banks headquartered in Minnesota, by total assets.
- Ameriprise Bank, FSB $25.51B
- Bridgewater Bank $5.32B
- Frandsen Bank & Trust $3.69B
- Stearns Bank National Association $3.3B
- Minnwest Bank $2.97B
- Merchants Bank, National Association $2.93B
- Tradition Capital Bank $2.68B
- Think Mutual Bank $2.27B
Similar-size banks
Institutions close to State Bank of Fairmont’s $155.7M in assets.
- Belmont Savings Bank, SSB $155.6M
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- Edward Jones Trust Company $155.6M
- Bank of Belle Glade $155.9M
- The Exchange Bank $155.4M
- Perennial Bank $155.9M