First State Bank Southwest
Headquarters: Pipestone, Minnesota
Overview
First State Bank Southwest is an FDIC-insured bank headquartered in Pipestone, Minnesota. It reported $409.94M in assets and $350.78M in deposits for the period ending June 30, 2026. Bankular currently lists 6 branch locations.
What Bankular checked
These dates identify the official records and review steps supporting this profile.
Quarterly change
What changed since the previous report
March 31, 2026 to June 30, 2026
These comparisons use consecutive official regulatory reporting periods. A change is descriptive and is not a recommendation or safety rating.
Financial indicators
Capital, profitability and credit quality
These are the latest reported capital, profitability and credit-quality measures available for this institution. Read the figures together rather than as a single safety rating.
Branch footprint
Where First State Bank Southwest has branches
Explore the cities with the most currently listed locations. Branch hours can change, so confirm current lobby, drive-through and appointment hours with the institution before visiting.
Locations
Find a branch of First State Bank Southwest
Edgerton Branch
760 Main St, Edgerton, Minnesota, 56128
Full-service branch · Opened March 10, 1908
Leota
11665 110th St, Edgerton, Minnesota, 56128
Full-service branch · Opened August 10, 1981
Main Office
202 2nd St SE, Pipestone, Minnesota, 56164
Full-service branch · Opened January 1, 1903
Rushmore Branch
103 N Thompson Ave, Rushmore, Minnesota, 56168
Full-service branch · Opened October 11, 1999
Sioux Falls Branch
4400 E 57th St, Sioux Falls, South Dakota, 57108
Full-service branch · Opened September 6, 2022
Worthington Branch
1433 Oxford St, Worthington, Minnesota, 56187
Full-service branch · Opened January 23, 1984
Financial overview
Latest reported figures
Through June 30, 2026
Financial trends
How the balance sheet has changed
Compare recent quarters to see the direction of assets, deposits and loans.
| Quarter | Assets | Deposits | Net loans | ROA |
|---|---|---|---|---|
| June 30, 2026 | $409.94M | $350.78M | $220.92M | 1.16% |
| March 31, 2026 | $395.37M | $335.72M | $215.01M | 0.92% |
| December 31, 2025 | $396.85M | $336.84M | $220.04M | 0.95% |
| September 30, 2025 | $387.42M | $328.02M | $210.46M | 0.81% |
| June 30, 2025 | $391.19M | $334.05M | $215.15M | 0.79% |
| March 31, 2025 | $393.52M | $340.63M | $215.06M | 0.68% |
| December 31, 2024 | $401.06M | $356.45M | $212.35M | 0.65% |
| September 30, 2024 | $393.57M | $340.85M | $204.52M | 0.64% |
Size and reach
How this institution compares
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More on First State Bank Southwest
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Branch locations
6 listed locations.
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Explore →State banking market
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Explore →Pipestone banking market
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Explore →Sources and methodology
Review the official sources and reporting periods.
Explore →Frequently asked questions
Is First State Bank Southwest federally insured?
Yes. Bankular identifies this institution in FDIC records under certificate 9770.
Where is First State Bank Southwest headquartered?
First State Bank Southwest is headquartered in Pipestone, Minnesota, at 202 2nd St Se, Pipestone, Minnesota, 56164.
How large is First State Bank Southwest?
It reported $409.94M in assets and $350.78M in deposits for the period ending June 30, 2026.
How many locations does First State Bank Southwest have?
Bankular currently lists 6 branch locations for this institution.
Data sources and methodology
Bankular combines official regulatory records with institution-published product information. The detailed sources are available below for readers who want to verify a figure.