The First National Bank of Cokato
Also written as FNB of Cokato
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Data as of · sourced from FFIEC call reports. How we update
The First National Bank of Cokato is an FDIC-insured commercial bank headquartered in Cokato, MN, established in 1916 (FDIC certificate 5115), and it is supervised by the OCC. At Q2 2026 it reported total assets of $138.2M, up 5.4% from Q2 2025, the 143rd largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 13.34% 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
- 5115
- Headquarters
- Cokato, MN
- Established
- 1916
- Total assets, Q2 2026
- $138.2M
- Assets vs Q2 2025
- +5.4%
- CET1 ratio, Q2 2026
- 13.34%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 091913177
- Latest call report
- Q2 2026, FFIEC 051 · The First National Bank of Cokato Q3 2026 call report, filed October 26, 2026 (preliminary)
- Holding company
- KNOFF BANCSHARES, INC.
- Asset rank in state
- 143rd of 221 in Minnesota
The First National Bank of Cokato is one of the more profitable banks of its size. Based in Cokato, Minnesota, it had $138 million in assets at June 30, 2026, up 5.4% from a year earlier. It returns 23.1% a year on shareholders' equity, about double the median of 12.6% for the 2,627 banks with $100 million to $1 billion in assets. On the other hand, it funds 8.54% of its assets with Tier 1 capital, lower than about 9 in 10 banks its size (median 10.99%).
Net income for the quarter rose 29% from a year earlier, to $549,000. Its $20 million commercial and industrial book is improving, with 0.89% past due or on nonaccrual, down from 1.97% a year earlier.
As of June 30, 2026, The First National Bank of Cokato reported a CET1 capital ratio of 13.34%, a return on assets of 1.63%, a nonperforming-loan ratio of 0.25% and a Texas ratio of 2.14%. The figures come from its call report filed with the FFIEC.
Of the 221 banks headquartered in Minnesota, The First National Bank of Cokato is the 143rd largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 7.9% to $138.2M, loans rose 1.2% and deposits rose 8.2%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 36.2% of total loans, ahead of commercial and industrial loans at 21.3%. The FDIC Summary of Deposits lists a single office for it, in Cokato, MN. On its Q2 2026 call report, The First National Bank of Cokato meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 365 Broadway Ave S, Cokato, MN 55321
- County
- Wright
- Metro Area
- Minneapolis-St. Paul-Bloomington, MN-WI
- 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
- November 2, 1916
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 12
- Domestic deposits
- $128.1M
- Allowance for credit losses
- $1.3M
- Net charge-offs (YTD)
- $11K
- Average total assets
- $134.6M
- Average total loans
- $93.0M
- Average interest-bearing deposits
- $90.4M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5115
- Fed RSSD
- 280558
- Website
- www.fnbcokato.com →
- Parent Holding Company
- KNOFF BANCSHARES, INC. (RSSD 1125320)
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, The First National Bank of Cokato's total assets ranged from $124.1M (Q2 2024) to $138.2M (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
$138.2M total assets against $131.1M; $128.4M total liabilities against $122.9M.
$93.0M net loans and leases against $88.7M; $128.1M total deposits against $122.5M.
$32.9M securities against $22.8M; $11.2M cash and balances due against $18.6M.
$1.9M total interest income against $1.9M; $582K total interest expense against $650K.
$1.3M net interest income against $1.2M.
$164K total noninterest income against $137K; $795K total noninterest expense against $749K.
$60K provision for credit losses against $150K.
$549K net income against $426K.
1.63% return on assets against 1.26%; 3.81% net interest margin against 3.61%.
13.34% CET1 capital ratio against 12.60%; 8.54% tier 1 leverage ratio against 7.72%.
Inside the full The First National Bank of Cokato terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe First National Bank of Cokato rankings
Its closest position to the top of a national ranking is 1,032 of 3,611, for ROA; its furthest is 3,386 of 4,196, for total assets.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.98% (Q4 2024) to 1.63% (Q2 2026) and its net interest margin ran from 3.30% (Q3 2024) to 4.07% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.34% | 1.63% | 0.25% | 2.14% | 3.81% |
| Q1 2026 | 13.10% | 1.35% | 0.30% | 2.62% | 3.91% |
| Q4 2025 | 12.50% | 1.34% | 0.33% | 3.00% | 4.07% |
| Q3 2025 | 12.45% | 1.51% | 0.44% | 4.03% | 3.83% |
| Q2 2025 | 12.60% | 1.26% | 0.45% | 4.29% | 3.61% |
| Q1 2025 | 11.93% | 1.01% | 1.22% | 12.48% | 3.34% |
| Q4 2024 | 11.50% | 0.98% | 1.31% | 15.21% | 3.48% |
| Q3 2024 | 11.38% | 1.08% | 1.46% | 15.67% | 3.30% |
Swipe the table sideways to see every column.
Branch Network
View the branch → 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 |
|---|---|---|---|
| The First National Bank of Cokato | Cokato , MN | 55321 | $128.1M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 166 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $120K approved, $120K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2020 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), 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 The First National Bank of Cokato
What are The First National Bank of Cokato's total assets?
As of the Q2 2026 filing, The First National Bank of Cokato reported total assets of $138.2 million in its FFIEC call report.
Where is The First National Bank of Cokato headquartered?
It is headquartered in Cokato, MN, United States.
When was The First National Bank of Cokato founded?
It was established in 1916, per the FDIC institution directory.
Is The First National Bank of Cokato FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5115). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The First National Bank of Cokato?
The First National Bank of Cokato's primary federal regulator is the OCC.
What is The First National Bank of Cokato's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.34% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does The First National Bank of Cokato operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The First National Bank of Cokato's Texas Ratio?
Its Texas Ratio is 2.14% 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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