Stearns Bank N.A.: Financial Reports & UBPR Data
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Data as of · sourced from FFIEC call reports. How we update
Problem loans are rising at Stearns Bank N.A.. Based in Saint Cloud, Minnesota, it had $3.3 billion in assets at June 30, 2026, down 7.7% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.23% of loans from 1.84% a year earlier. It keeps 5.99 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 3.71 cents). On the other hand, it pays an average of 3.14% on its deposits and borrowings, higher than about 9 in 10 banks its size (median 2.01%).
Net income for the quarter rose 19% from a year earlier, to $17 million. Over the same year, loans shrank 9.4% and deposits shrank 15.6%. Credit is the area to watch: it carries problem assets equal to 18.4% of the capital and reserves that would absorb them, 5.1 times the median of 3.6% for banks its size.
As of June 30, 2026, Stearns Bank N.A. reported a CET1 capital ratio of 15.39%, a return on assets of 2.11%, a nonperforming-loan ratio of 2.65% and a Texas ratio of 18.36%, according to its call report filed with the FFIEC.
Headquarters Profile
- Address
- 4191 2nd St S, Saint Cloud, MN 56301
- County
- Stearns
- Metro Area
- St. Cloud, MN
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 031
- Established
- May 28, 1912
- Former names
- Stearns County National Bank (1996-1997); Stearns County National Bank of Albany (1966-1996)
- Offices
- 8 domestic
- Employees (FTE)
- 455
- Domestic deposits
- $2.39B
- Allowance for credit losses
- $82.6M
- Net charge-offs (YTD)
- $29.3M
- Average total assets
- $3.25B
- Average total loans
- $2.82B
- Average interest-bearing deposits
- $2.31B
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 10988
- Fed RSSD
- 141556
- Website
- www.stearnsbank.com →
- Parent Holding Company
- STEARNS FINANCIAL SERVICES, INC. (RSSD 1427275)
- Ultimate Parent
- RSSD 2295837
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row. ROA, ROE and net interest margin are the quarter's own income, annualized. The UBPR and FDIC annualize the year to date instead, so after the first quarter their figures differ from ours; where the UBPR has this quarter, its value is shown beside each as YTD. The UBPR's YTD ROA divides by the average of the quarterly average assets the bank reports on Schedule RC-K, while FDIC BankFind divides by the average of quarter-end total assets, so FDIC's ROA can differ from the YTD figure by a few hundredths of a point.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
Net income for the quarter alone. The Call Report reports it year to date; this series converts it to the single quarter, so each bar covers three months.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Stearns Bank N.A. terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Stearns Bank N.A., freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Stearns Bank N.A. rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Metric pages for Stearns Bank N.A.: Texas Ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 15.39% | 2.11% | 2.65% | 18.36% | 5.99% |
| Q1 2026 | 14.94% | 2.12% | 2.47% | 18.07% | 5.84% |
| Q4 2025 | 15.38% | 2.57% | 1.92% | 14.70% | 6.62% |
| Q3 2025 | 14.63% | 3.33% | 2.12% | 15.79% | 6.10% |
| Q2 2025 | 13.39% | 1.67% | 2.18% | 14.72% | 6.33% |
| Q1 2025 | 15.91% | -0.41% | 2.54% | 14.84% | 6.22% |
| Q4 2024 | 17.48% | 2.47% | 2.20% | 12.11% | 6.38% |
| Q3 2024 | 16.76% | 1.34% | 2.01% | 10.27% | 6.38% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 8 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Stearns Bank N.A. (main office) | Saint Cloud , MN | 56301 | $1.82B |
| Venice Branch | Venice , FL | 34285 | $126.1M |
| Albany Branch | Albany , MN | 56307 | $99.5M |
| Arizona Branch | Scottsdale , AZ | 85260 | $97.5M |
| Sarasota (Links) Branch | Sarasota , FL | 34236 | $93.7M |
| Pine City Branch | Pine City , MN | 55063 | $65.3M |
| Holdingford Branch | Holdingford , MN | 56340 | $55.6M |
| St Petersburg (Gateway) Branch | Saint Petersburg , FL | 33702 | $27.4M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| October 20, 2012 | Structure Change | Acquired First East Side Savings Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| October 19, 2012 | Merger | Participated in FDIC Assisted Merger | FDIC |
| July 28, 2012 | Structure Change | Acquired Jasper Banking Company Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| July 27, 2012 | Merger | Participated in FDIC Assisted Merger | FDIC |
| March 24, 2012 | Structure Change | Acquired Covenant Bank & Trust Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| March 23, 2012 | Merger | Participated in FDIC Assisted Merger | FDIC |
| November 13, 2010 | Structure Change | Acquired Copper Star Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| November 12, 2010 | Merger | Participated in FDIC Assisted Merger | FDIC |
| August 22, 2009 | Structure Change | Acquired Ebank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| August 21, 2009 | Merger | Participated in FDIC Assisted Merger | FDIC |
| August 8, 2009 | Structure Change | Acquired Community National Bank of Sarasota County Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| August 7, 2009 | Merger | Participated in FDIC Assisted Merger | FDIC |
| June 27, 2009 | Structure Change | Acquired Horizon Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| June 26, 2009 | Merger | Participated in FDIC Assisted Merger | FDIC |
| October 25, 2008 | Structure Change | Acquired Alpha Bank & Trust Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| October 24, 2008 | Merger | Participated in FDIC Assisted Merger | FDIC |
| December 29, 2007 | Structure Change | Acquired Stearns Bank Arizona National Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 28, 2007 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 1, 1990 | Structure Change | Acquired Boundary Waters State Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| November 30, 1990 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 1, 1966 | Structure Change | Acquired First State Bank of Albany Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 21 events, scroll the table for the full history.
Regulatory record
What the public regulatory sources show for Stearns Bank N.A., each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- 2 against the institution (OCC); 3 against individuals associated with it
- April 18, 2016, OCC: Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Stearns Bank National Association
- April 18, 2016, OCC: Civil Money Penalty (CMP): Stearns Bank National Association
- Period: Most recent institution action April 18, 2016. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.6% of deposits in MN, rank 16 of 279 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- Not on file: no HMDA filing matched
- Period: not on file. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 157 loans, $74.2M approved, $473K average. 0.64% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about Stearns Bank N.A.
What are Stearns Bank N.A.'s total assets?
As of the Q2 2026 filing, Stearns Bank N.A. reported total assets of $3.27 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Stearns Bank N.A. headquartered?
Stearns Bank N.A. is headquartered in Saint Cloud, MN, United States. It files quarterly FFIEC call reports, as every FDIC-insured commercial bank must.
When was Stearns Bank N.A. founded?
Stearns Bank N.A. was established in 1912, per the FDIC institution directory.
Is Stearns Bank N.A. FDIC-insured?
Yes. Stearns Bank N.A. is an FDIC-insured commercial bank (FDIC Certificate #10988). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Stearns Bank N.A.?
Stearns Bank N.A.'s primary federal regulator is the OCC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Stearns Bank N.A.'s CET1 capital ratio?
Stearns Bank N.A. reported a Common Equity Tier 1 (CET1) capital ratio of 15.39% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Stearns Bank N.A. operate?
Stearns Bank N.A. operates 8 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Stearns Bank N.A.'s Texas Ratio?
Stearns Bank N.A.'s Texas Ratio is 18.36% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
What was Stearns Bank N.A. previously called?
The charter now named Stearns Bank N.A. has also operated as Stearns County National Bank (1996-1997), Stearns County National Bank of Albany (1966-1996), per FDIC structure-change records.
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