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First Bank Elk River Locations & Branches Elk River, Minnesota
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First Bank Elk River operates 4 branches from its headquarters in Elk River, MN, .
First Bank Elk River branch network
All 4 branches are in MINNESOTA, across 3 cities. Elk River, MN has the most of its branches, 2. Its largest office by deposits is its main office in Elk River, MN, with $94.2M (34.9% of its branch deposits). It had the same number of branches on June 30, 2025.
First Bank Elk River at a glance
It reports no CET1 ratio; its Tier 1 leverage ratio was 10.68% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Total assets, Q2 2026
- $369.2M
- Tier 1 leverage ratio, Q2 2026
- 10.68%
- Deposit insurance
- FDIC
- Regulator
- FDIC
- Established
- 1907
Full financial profile · Is First Bank Elk River safe? · Routing number
Deposit market share
Share of all FDIC-insured deposits held in each area, from the June 30, 2026 Summary of Deposits. Rank 1 is the largest holder. Shares are by bank charter, not by holding company.
| Area | Rank | Deposit share | Deposits |
|---|---|---|---|
| City: Elk River, MN (2 branches) | 3 of 9 | 12.8% | $152.9M |
| State: MN (4 branches) | 113 of 277 | <0.1% | $269.9M |
Ranked by total assets among banks headquartered in the state: Largest banks in Minnesota.
Share by county and metro area
First Bank Elk River's share of FDIC-insured deposits in the counties and metro areas where it has branches, from the June 30, 2026 Summary of Deposits. Up to the ten largest of each are shown, by the bank's deposits. Rank 1 is the largest holder. Banks only: credit unions are not in the Summary of Deposits.
Counties
| County | Rank | Deposit share | Deposits | County total |
|---|---|---|---|---|
| Sherburne, MN (2 branches) | 4 of 14 | 9.5% | $152.9M | $1.61B |
| Anoka, MN (1 branch) | 13 of 21 | 1.4% | $82.1M | $5.98B |
| Hennepin, MN (1 branch) | 56 of 67 | <0.1% | $34.9M | $144.16B |
Metro areas
| Metro area | Rank | Deposit share | Deposits | Metro total |
|---|---|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI (4 branches) | 55 of 124 | 0.1% | $269.9M | $252.68B |
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First Bank Elk River (main office) | Elk River, MN | 55330 | $94.2M |
| Anoka Branch | Anoka, MN | 55303 | $82.1M |
| Elk Park Center Branch | Elk River, MN | 55330 | $58.7M |
| Hassan Branch | Rogers, MN | 55374 | $34.9M |
Source: FDIC Summary of Deposits, June 30, 2026. How the survey works.
Regulator records: FDIC BankFind (cert 5136) · FFIEC NIC profile (RSSD 970055)