# State Bankshares, Inc. — Form D

State Bankshares, Inc. of FARGO, ND, a company, filed a Form D exempt-offering notice with the SEC on 2023-05-26. $325K was reported sold. Industry: Commercial Banking.

## Offering

- Filed: 2023-05-26
- Form: D
- Accession: 0001615594-23-000034
- Industry: Commercial Banking
- Exemptions: 06b
- Amount sold: $325K
- Investors: 2
- Date of first sale: 2023-05-22
- Security types: equity
- Revenue range: Decline to Disclose
- SEC file number: 021-482709

## Issuer

- Name: State Bankshares, Inc.
- CIK: 0001861092
- Entity type: Corporation
- Jurisdiction: NORTH DAKOTA
- Address: 520 MAIN AVE, FARGO, ND, 58103
- Phone: (701) 298-1500

## Officers, directors & promoters (52)

_Showing 25 of 52 people._

| Name | Role | Location |
| --- | --- | --- |
| Jon Karl Aarsvold | Executive Officer | Fargo, ND |
| Jenna Gary Cogswell | Executive Officer | Fargo, ND |
| Laine Brantner | Executive Officer | Wellesley, MA |
| Michael Scott Solberg | Director | Fargo, ND |
| Michael Scott Solberg | Executive Officer | Fargo, ND |
| Michael Scott Solberg | Related Person | Fargo, ND |
| Patrick Martin Chaffee | Executive Officer | Fargo, ND |
| Patrick Martin Chaffee | Related Person | Fargo, ND |
| Christi Michael Offutt | Director | Fargo, ND |
| Jeff Michael Young | Director | Fargo, ND |
| Lynnette Fay Johnson | Executive Officer | Fargo, ND |
| Lynnette Fay Johnson | Related Person | Fargo, ND |
| Blake Jerry Nelson | Executive Officer | Fargo, ND |
| Blake Jerry Nelson | Related Person | Fargo, ND |
| Todd David Lee | Executive Officer | Fargo, ND |
| Todd David Lee | Related Person | Fargo, ND |
| Lea Bergin Olsen | Director | Fargo, ND |
| Lea Bergin Olsen | Related Person | Fargo, ND |
| Steve Michael Scheel | Director | Fargo, ND |
| Steve Michael Scheel | Related Person | Fargo, ND |
| Anthony Allen Weick | Executive Officer | Fargo, ND |
| Anthony Allen Weick | Related Person | Fargo, ND |
| Timothy Gary Gelinske | Executive Officer | Fargo, ND |
| Brooks Howard Burgum | Director | Fargo, ND |
| Jennifer Leigh Senecal | Executive Officer | Fargo, ND |

## Other filings by this issuer (4)

| Filed | Form | Offering | Sold |
| --- | --- | --- | --- |
| [2026-06-25](https://search.stillhousedata.com/formd/0001615594-26-000046) | D | — | $2.9M |
| [2025-07-11](https://search.stillhousedata.com/formd/0001615594-25-000090) | D | — | $4.0M |
| [2022-12-16](https://search.stillhousedata.com/formd/0001615594-22-000054) | D | — | $37.3M |
| [2021-05-18](https://search.stillhousedata.com/formd/0001615594-21-000057) | D | — | $2.3M |

## More

- [CIK 1861092 on SEC EDGAR (source of record)](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1861092&type=&dateb=&owner=include&count=40)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/formd/0001615594-23-000034.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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