Falcon National Bank
BankRegReports is independent of Falcon National Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Falcon National Bank is an FDIC-insured commercial bank headquartered in Foley, MN, established in 2003 (FDIC certificate 57603), and it is supervised by the OCC. At Q2 2026 it reported total assets of $872.3M, down 2.5% from Q2 2025, the 25th largest of 221 banks headquartered in Minnesota. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.24% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 57603
- Headquarters
- Foley, MN
- Established
- 2003
- Total assets, Q2 2026
- $872.3M
- Assets vs Q2 2025
- -2.5%
- Tier 1 leverage ratio, Q2 2026
- 10.24%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 091917270
- Holding company
- CENTRA VENTURES, INC.
- Asset rank in state
- 25th of 221 in Minnesota
Falcon National Bank, based in Foley, Minnesota, reported $872 million in assets at June 30, 2026, down 2.5% from a year earlier. It lost 2.6% of its deposits over the year, lower than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median 4.0%). It also keeps 4.65 cents of net interest income on every dollar of earning assets, higher than about three-quarters of banks its size (median 3.95 cents).
Earnings jumped: net income for the quarter was $3.0 million, 39% above the same quarter a year earlier. The commercial and industrial book ($257 million) is worsening: 4.95% of it is past due or on nonaccrual, up from 3.01% a year earlier. Funding is the softer spot: it pays an average of 2.39% on its deposits and borrowings, higher than about three-quarters of banks its size (median 1.80%).
As of June 30, 2026, Falcon National Bank reported a return on assets of 1.39%, a nonperforming-loan ratio of 1.04% and a Texas ratio of 5.16%. The figures come from its call report filed with the FFIEC.
Falcon National Bank ranks as the 25th largest of the 221 banks based in Minnesota, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 1.5% to $872.3M, loans fell 0.8% and deposits fell 2.1%. Its loan book on June 30, 2026 was led by commercial and industrial loans, at 34.5% of total loans, followed by owner-occupied commercial real estate loans at 17.4%. The FDIC Summary of Deposits lists 6 offices for it, in 6 cities in MN; its Saint Cloud office books 31% of its branch deposits. On its Q2 2026 call report, Falcon National Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 183 Cedar Dr, Foley, MN 56329
- County
- Benton
- 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
- —
- Call Report form
- FFIEC 051
- Established
- July 1, 2003
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 119
- Domestic deposits
- $768.7M
- Allowance for credit losses
- $13.7M
- Net charge-offs (YTD)
- $2.3M
- Average total assets
- $878.7M
- Average total loans
- $719.6M
- Average interest-bearing deposits
- $645.3M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- July 1, 2003
- FDIC Cert
- 57603
- Fed RSSD
- 3184228
- Website
- www.falconnational.com →
- Parent Holding Company
- CENTRA VENTURES, INC. (RSSD 3184219)
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, Falcon National Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Falcon National Bank's total assets moved between a low of $872.3M (Q2 2026) and a high of $979.0M (Q4 2024) from Q3 2023 to 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
$872.3M total assets against $894.6M; $779.8M total liabilities against $809.3M.
$731.7M net loans and leases against $751.1M; $768.7M total deposits against $789.0M.
$76.1M securities against $50.1M; $37.0M cash and balances due against $69.6M.
$14.6M total interest income against $14.9M; $4.6M total interest expense against $5.2M.
$9.9M net interest income against $9.7M.
$882K total noninterest income against $621K; $6.6M total noninterest expense against $6.6M.
$690K provision for credit losses against $690K.
$3.0M net income against $2.2M.
1.39% return on assets against 1.00%; 4.65% net interest margin against 4.51%.
10.24% tier 1 leverage ratio against 10.18%.
Inside the full Falcon National 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.
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.
Falcon National Bank rankings
Its closest position to the top of a national ranking is 1,160 of 4,196, for total assets; its furthest is 1,863 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.67% (Q4 2024) to 1.39% (Q2 2026) and its net interest margin ran from 3.48% (Q3 2024) to 4.65% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.24% | 1.39% | 1.04% | 5.16% | 4.65% |
| Q1 2026 | 10.28% | 1.01% | 1.13% | 8.97% | 4.33% |
| Q4 2025 | 10.01% | 0.84% | 1.47% | 6.64% | 4.26% |
| Q3 2025 | 10.11% | 1.01% | 1.23% | 5.95% | 4.42% |
| Q2 2025 | 10.18% | 1.00% | 0.76% | 5.34% | 4.51% |
| Q1 2025 | 9.27% | 0.77% | 0.91% | 5.11% | 3.88% |
| Q4 2024 | 9.32% | 0.67% | 1.03% | 6.74% | 3.65% |
| Q3 2024 | 9.48% | 0.69% | 1.17% | 6.23% | 3.48% |
Swipe the table sideways to see every column.
Branch Network
View all 6 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 |
|---|---|---|---|
| St. Cloud Branch | Saint Cloud , MN | 56301 | $236.8M |
| Richmond Branch | Richmond , MN | 56368 | $177.2M |
| Ham Lake Branch | Ham Lake , MN | 55304 | $138.6M |
| Falcon National Bank (main office) | Foley , MN | 56329 | $118.3M |
| Community Pride Branch | Isanti , MN | 55040 | $62.2M |
| Eagle Community Bank Branch | Maple Grove , MN | 55369 | $35.6M |
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 |
|---|---|---|---|
| May 1, 2021 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 1, 2021 | Structure Change | Acquired Eagle Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 25, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 23, 2018 | Structure Change | Acquired State Bank of Richmond 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 35 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 71 applications, 45 loans originated, $42.2M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 51 loans, $30.6M approved, $600K 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
Add this badge to your website
Free to use. It shows Falcon National Bank’s latest filed figures and updates each quarter.
Similar banks
Compare Falcon National Bank with peers
Frequently asked about Falcon National Bank
What are Falcon National Bank's total assets?
As of the Q2 2026 filing, Falcon National Bank reported total assets of $872.3 million in its FFIEC call report.
Where is Falcon National Bank headquartered?
It is headquartered in Foley, MN, United States.
When was Falcon National Bank founded?
It was established in 2003, per the FDIC institution directory.
Is Falcon National Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #57603). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Falcon National Bank?
Falcon National Bank's primary federal regulator is the OCC.
How many branches does Falcon National Bank operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Falcon National Bank's Texas Ratio?
Its Texas Ratio is 5.16% 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.
Go deeper on Falcon National Bank.
Get an email when Falcon National Bank files its next call report, and benchmark it against any peer you choose.
Unlock Falcon National Bank, freeFree account