21st Century Bank
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Data as of · sourced from FFIEC call reports. How we update
21st Century Bank is an FDIC-insured commercial bank headquartered in Loretto, MN, established in 1917 (FDIC certificate 9751), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $894.8M, up 9.2% from Q2 2025, the 23rd largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 14.71% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 9751
- Headquarters
- Loretto, MN
- Established
- 1917
- Total assets, Q2 2026
- $894.8M
- Assets vs Q2 2025
- +9.2%
- CET1 ratio, Q2 2026
- 14.71%
- Domestic offices
- 8 FDIC institution directory, current count
- Routing number
- 091913685
- Latest call report
- Q2 2026, FFIEC 051 · 21st Century Bank call report
- Holding company
- CROSSTOWN HOLDING COMPANY
- Asset rank in state
- 23rd of 221 in Minnesota
21st Century Bank runs leaner than most banks of its size. It reported $895 million in assets at June 30, 2026, up 9.2% from a year earlier. It spends about 44 cents to bring in each dollar of revenue, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 61 cents). On the other hand, it holds commercial real estate loans worth 2.7 times its capital, about double the median of 1.2 times for banks its size.
Earnings jumped: net income for the quarter was $4.3 million, 99% above the same quarter a year earlier. The commercial and industrial book ($102 million) is worsening: 2.59% of it is past due or on nonaccrual, up from 1.43% a year earlier. Funding is the softer spot: it pays an average of 2.47% on its deposits and borrowings, higher than about three-quarters of banks its size (median 1.80%).
As of June 30, 2026, 21st Century Bank reported a CET1 capital ratio of 14.71%, a return on assets of 1.93%, a nonperforming-loan ratio of 0.19% and a Texas ratio of 1.18%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, 21st Century Bank is the 23rd largest of the 221 banks headquartered in Minnesota. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 0.8% to $894.8M, loans fell 0.4% and deposits fell 2.8%. The largest part of its loan book on June 30, 2026 was owner-occupied commercial real estate loans, at 33.2% of total loans, ahead of non-owner-occupied commercial real estate loans at 19.1%. Its 8 offices in the FDIC Summary of Deposits are in 7 cities in MN; its Blaine 2 offices book 44% of its branch deposits. Judged on its Q2 2026 call report, 21st Century Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 699 N Medina St, Loretto, MN 55357
- County
- Hennepin
- Metro Area
- Minneapolis-St. Paul-Bloomington, MN-WI
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- June 2, 1917
- Former names
- 21st Century Bank - North (1998-2002); Crosstown State Bank of Ham Lake, Inc. (1980-1998)
- Domestic offices
- 8 FDIC institution directory, current count
- Employees (FTE)
- 64
- Domestic deposits
- $658.8M
- Allowance for credit losses
- $6.1M
- Net charge-offs (YTD)
- $350K
- Average total assets
- $896.8M
- Average total loans
- $669.2M
- Average interest-bearing deposits
- $524.3M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 9751
- Fed RSSD
- 340256
- Website
- www.21stcb.com →
- Parent Holding Company
- CROSSTOWN HOLDING COMPANY (RSSD 1126149)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, 21st Century Bank's total assets ranged from $714.8M (Q3 2023) to $894.8M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$894.8M total assets against $819.4M; $812.2M total liabilities against $740.7M.
$666.6M net loans and leases against $608.7M; $658.8M total deposits against $624.4M.
$187.2M securities against $173.3M; $24.6M cash and balances due against $17.8M.
$13.0M total interest income against $11.6M; $4.9M total interest expense against $5.1M.
$8.1M net interest income against $6.5M.
$111K total noninterest income against $157K; $3.6M total noninterest expense against $3.4M.
$300K provision for credit losses against $183K.
$4.3M net income against $2.2M.
1.93% return on assets against 1.05%; 3.65% net interest margin against 3.17%.
14.71% CET1 capital ratio against 15.19%; 10.66% tier 1 leverage ratio against 10.62%.
Inside the full 21st Century Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, 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.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
21st Century Bank rankings
Its closest position to the top of a national ranking is 355 of 3,606, for efficiency ratio; its furthest is 2,602 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.65% (Q3 2024) to 1.93% (Q2 2026) and its net interest margin ran from 2.59% (Q3 2024) to 3.65% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.71% | 1.93% | 0.19% | 1.18% | 3.65% |
| Q1 2026 | 14.41% | 0.66% | 0.38% | 1.73% | 3.42% |
| Q4 2025 | 14.52% | 1.50% | 0.38% | 1.46% | 3.44% |
| Q3 2025 | 14.62% | 1.18% | 0.23% | 0.95% | 3.24% |
| Q2 2025 | 15.19% | 1.05% | 0.24% | 1.20% | 3.17% |
| Q1 2025 | 15.21% | 0.65% | 0.29% | 1.48% | 2.94% |
| Q4 2024 | 14.70% | 0.78% | 0.21% | 1.47% | 2.94% |
| Q3 2024 | 15.43% | 0.65% | 0.48% | 1.81% | 2.59% |
Swipe the table sideways to see every column.
Branch Network
View all 8 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Blaine Branch | Blaine , MN | 55434 | $288.6M |
| 21st Century Bank Branch | Minneapolis , MN | 55414 | $101.3M |
| Rogers Branch | Rogers , MN | 55374 | $100.1M |
| 21st Century Bank (main office) | Loretto , MN | 55357 | $78.8M |
| 21st Century Branch | Ham Lake , MN | 55304 | $76.8M |
| Eagan Branch | Eagan , MN | 55121 | $13.1M |
| Roseville Branch | Roseville , MN | 55113 | $63K |
| Blaine Branch | Blaine , MN | 55014 | $0 |
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 |
|---|---|---|---|
| September 3, 2004 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 3, 2004 | Structure Change | Acquired State Bank of Loretto Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 9, 2002 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 9, 2002 | Structure Change | Acquired 21st Century Bank 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 4 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in MN, rank 45 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 47 applications, 42 loans originated, $26.6M originated, across 1 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 22 loans, $9.2M approved, $420K average. 0.00% 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).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about 21st Century Bank
What are 21st Century Bank's total assets?
As of the Q2 2026 filing, 21st Century Bank reported total assets of $894.8 million in its FFIEC call report.
Where is 21st Century Bank headquartered?
It is headquartered in Loretto, MN, United States.
When was 21st Century Bank founded?
It was established in 1917, per the FDIC institution directory.
Is 21st Century Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #9751). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates 21st Century Bank?
21st Century Bank's primary federal regulator is the FDIC.
What is 21st Century Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 14.71% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does 21st Century Bank operate?
It 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 21st Century Bank's Texas Ratio?
Its Texas Ratio is 1.18% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was 21st Century Bank previously called?
The charter now named 21st Century Bank has also operated as 21st Century Bank - North (1998-2002), Crosstown State Bank of Ham Lake, Inc. (1980-1998), per FDIC structure-change records.
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