First National Bank Minnesota
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Data as of · sourced from FFIEC call reports. How we update
First National Bank Minnesota is an FDIC-insured commercial bank headquartered in Saint Peter, MN, established in 1857 (FDIC certificate 5247), and it is supervised by the OCC. At Q2 2026 it reported total assets of $437.8M, up 0.4% from Q2 2025, the 58th largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 13.18% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 5247
- Headquarters
- Saint Peter, MN
- Established
- 1857
- Total assets, Q2 2026
- $437.8M
- Assets vs Q2 2025
- +0.4%
- CET1 ratio, Q2 2026
- 13.18%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 091901338
- Latest call report
- Q2 2026, FFIEC 051 · First National Bank Minnesota call report
- Holding company
- BANCOMMUNITY SERVICE CORPORATION
- Asset rank in state
- 58th of 221 in Minnesota
First National Bank Minnesota leans heavily on commercial real estate. The Saint Peter, Minnesota bank had $438 million in assets at June 30, 2026. It holds commercial real estate loans worth 2.3 times its capital, about double the median of 1.2 times for the 2,660 banks with $100 million to $1 billion in assets. On the other hand, it pays an average of 1.34% on its deposits and borrowings, lower than about three-quarters of banks its size (median 1.80%).
Its $68 million non-owner-occupied commercial real estate book is improving, with 1.00% past due or on nonaccrual, down from 3.28% a year earlier. Its $42 million commercial and industrial book is improving, with 3.24% past due or on nonaccrual, down from 5.19% a year earlier. Credit is the area to watch: it carries problem assets equal to 8.6% of the capital and reserves that would absorb them, about triple the median of 2.6% for banks its size.
As of June 30, 2026, First National Bank Minnesota reported a CET1 capital ratio of 13.18%, a return on assets of 1.32%, a nonperforming-loan ratio of 1.12% and a Texas ratio of 8.55%. The figures come from its call report filed with the FFIEC.
Of the 221 banks headquartered in Minnesota, First National Bank Minnesota is the 58th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 0.9% to $437.8M, loans fell 0.6% and deposits rose 0.7%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 24.4% of total loans, ahead of non-owner-occupied commercial real estate loans at 20.6%. Its 4 offices in the FDIC Summary of Deposits are in 4 cities in MN; its Belle Plaine office books 34% of its branch deposits. By the capital ratios in its Q2 2026 call report, First National Bank Minnesota meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 226 Nassau St, Saint Peter, MN 56082
- County
- Nicollet
- Metro Area
- Mankato, 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
- January 1, 1857
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 67
- Domestic deposits
- $373.1M
- Allowance for credit losses
- $4.2M
- Net charge-offs (YTD)
- $317K
- Average total assets
- $439.3M
- Average total loans
- $328.8M
- Average interest-bearing deposits
- $294.3M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5247
- Fed RSSD
- 197759
- Website
- www.fnbmn.bank →
- Parent Holding Company
- BANCOMMUNITY SERVICE CORPORATION (RSSD 1128460)
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
Over the 12 quarters to Q2 2026, First National Bank Minnesota's total assets ran between $434.0M (Q1 2026) and $456.5M (Q4 2024), and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$437.8M total assets against $436.2M; $394.5M total liabilities against $397.6M.
$324.5M net loans and leases against $322.1M; $373.1M total deposits against $365.8M.
$73.0M securities against $77.2M; $14.9M cash and balances due against $9.8M.
$5.6M total interest income against $5.5M; $1.3M total interest expense against $1.5M.
$4.3M net interest income against $4.0M.
$383K total noninterest income against $545K; $3.1M total noninterest expense against $3.0M.
$0 provision for credit losses against $1.0M.
$1.4M net income against $433K.
1.32% return on assets against 0.39%; 4.23% net interest margin against 3.88%.
13.18% CET1 capital ratio against 11.98%; 9.81% tier 1 leverage ratio against 8.93%.
Inside the full First National Bank Minnesota 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.
First National Bank Minnesota rankings
Its closest position to the top of a national ranking is 767 of 3,640, for Texas Ratio; its furthest is 2,429 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -0.23% (Q1 2025) to 1.65% (Q4 2025) and its net interest margin ran from 3.33% (Q3 2024) to 4.23% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.18% | 1.32% | 1.12% | 8.55% | 4.23% |
| Q1 2026 | 13.01% | 1.39% | 1.31% | 11.78% | 4.00% |
| Q4 2025 | 12.39% | 1.65% | 1.36% | 12.64% | 3.91% |
| Q3 2025 | 12.51% | 1.41% | 1.42% | 13.69% | 3.80% |
| Q2 2025 | 11.98% | 0.39% | 1.34% | 13.67% | 3.88% |
| Q1 2025 | 11.64% | -0.23% | 1.55% | 13.86% | 3.67% |
| Q4 2024 | 11.38% | 0.53% | 2.02% | 19.02% | 3.48% |
| Q3 2024 | 10.96% | 0.70% | 2.00% | 19.28% | 3.33% |
Swipe the table sideways to see every column.
Branch Network
View all 4 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 |
|---|---|---|---|
| Belle Plaine Branch | Belle Plaine , MN | 56011 | $125.4M |
| First National Bank Minnesota (main office) | Saint Peter , MN | 56082 | $115.8M |
| Mankato Branch | Mankato , MN | 56001 | $102.5M |
| Gaylord Branch | Gaylord , MN | 55334 | $29.4M |
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 |
|---|---|---|---|
| April 18, 2020 | Structure Change | Acquired State Bank of Belle Plaine Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 17, 2020 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2005 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2005 | Structure Change | Acquired Security State Bank of Mankato 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.
- Enforcement actions
- 1 against the institution (OCC)
- March 3, 2010, OCC: Formal Agreement: First National Bank Minnesota
- Period: Most recent institution action March 3, 2010. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.1% of deposits in MN, rank 81 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 59 applications, 49 loans originated, $11.3M originated, across 1 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $333K approved, $333K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2023 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- 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 First National Bank Minnesota
What are First National Bank Minnesota's total assets?
As of the Q2 2026 filing, First National Bank Minnesota reported total assets of $437.8 million in its FFIEC call report.
Where is First National Bank Minnesota headquartered?
It is headquartered in Saint Peter, MN, United States.
When was First National Bank Minnesota founded?
It was established in 1857, per the FDIC institution directory.
Is First National Bank Minnesota FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5247). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First National Bank Minnesota?
First National Bank Minnesota's primary federal regulator is the OCC.
What is First National Bank Minnesota's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.18% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First National Bank Minnesota operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First National Bank Minnesota's Texas Ratio?
Its Texas Ratio is 8.55% 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.
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