First Independent Bank: Liquidity and Borrowings
Data as of · Call Report Schedules RC and RC-M How we update
Cash, the assets that can be turned into cash, and the borrowed money standing behind the deposit base. Heavy reliance on non-core wholesale funding is what turns a deposit outflow into a forced sale of securities.
Cash and balances due from depository institutions dropped 43.9% in Q2 2026, from $51.5M to $28.9M. It was the largest change from Q1 2026 among the key lines here. First Independent Bank ranks 101st of 221 Minnesota banks on loan-to-deposit ratio, in the upper half at 83.19% (Q2 2026). The median for banks in the $100M-1B asset tier is 80.84% on loan-to-deposit ratio; First Independent Bank reported 83.19% for Q2 2026, nearly level with it.
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $28.9M |
| Cash and noninterest-bearing balances to assets | — |
| Cash and securities | $165.5M |
| Fed funds sold and reverse repos | $8.2M |
| Fed funds sold and reverse repos to assets | 1.30% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $0 |
| Other borrowed money | $36.1M |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 5.70% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 83.19% |
| Net loans and leases to deposits | 82.04% |
| Loans and leases to core deposits | 95.89% |
| Core deposits to total deposits | 86.76% |
| Brokered deposits to total deposits | 6.34% |
Liquidity and Borrowings trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Liquidity and Borrowings by quarter
| Quarter | Loan-to-deposit | Core deposits share | Fed funds purchased and repos | Other borrowed money |
|---|---|---|---|---|
| Q3 2023 | 75.34% | 89.82% | $1.5M | $43.9M |
| Q4 2023 | 74.16% | 88.02% | $0 | $44.0M |
| Q1 2024 | 73.15% | 87.49% | $0 | $53.9M |
| Q2 2024 | 78.80% | 86.62% | $10.0M | $53.8M |
| Q3 2024 | 79.72% | 88.47% | $0 | $63.7M |
| Q4 2024 | 80.27% | 89.85% | $0 | $58.7M |
| Q1 2025 | 80.11% | 88.60% | $0 | $48.7M |
| Q2 2025 | 80.79% | 84.30% | $400K | $53.6M |
| Q3 2025 | 79.60% | 86.87% | $0 | $43.6M |
| Q4 2025 | 80.04% | 87.01% | $0 | $43.6M |
| Q1 2026 | 79.37% | 86.74% | $0 | $36.1M |
| Q2 2026 | 83.19% | 86.76% | $0 | $36.1M |
First Independent Bank liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock First Independent Bank, freeSource: Call Report Schedules RC and RC-M, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full First Independent Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 1900) · FFIEC NIC profile (RSSD 761851)