Lender record
Red River State Bank
The real lending record — every figure from funded deals. HQ: 300 2nd Ave W, Halstad, MN. 2 branches.
96
Recent deals (FY20+)
$325K
Typical deal
2 days
Approval → funding
0%
Failure rate (FY20–23)
Lender record
The real lending record — every figure from funded deals. HQ: 300 2nd Ave W, Halstad, MN. 2 branches.
96
Recent deals (FY20+)
$325K
Typical deal
2 days
Approval → funding
0%
Failure rate (FY20–23)
Most Red River State Bank deals land between $90K and $950K — that range covers half of everything they fund. Top industries and states:
Industries they fund most
Most active states
Total assets
$120.2M
▼ 0.2% vs prior quarter
Deposits on hand
$102.4M
▼ 0.8% vs prior quarter
Loans outstanding
$97.8M
▼ 5.8% vs prior quarter
Net income (latest qtr)
$631K
FDIC call-report data, quarter ending 03/2026.
Free · No obligation · Usually same-day
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Red River State BankMain office300 2nd Ave WHalstad, MN 56548 · since 1934
Fertile Branch114 N Mill StFertile, MN 56540 · since 1887
Branch data: FDIC BankFind.
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59 businesses on record. Each links to its full SBA record.
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DealRoom analysis of public lending records, FY2020–present. Not affiliated with Red River State Bank.
Red River State Bank is an SBA lender tracked by DealRoom.so SBA Intelligence, with lending activity broken down by state, industry, and loan size from public records. DealRoom is not a lender.
Source: DealRoom.so SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. DealRoom is not a lender and does not guarantee financing.
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Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal