The First National Bank of Osakis
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Data as of · sourced from FFIEC call reports. How we update
The First National Bank of Osakis is an FDIC-insured commercial bank headquartered in Osakis, MN, established in 1903 (FDIC certificate 5221), and it is supervised by the OCC. At Q2 2026 it reported total assets of $97.6M, up 3.0% from Q2 2025, the 172nd largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 10.77% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 5221
- Headquarters
- Osakis, MN
- Established
- 1903
- Total assets, Q2 2026
- $97.6M
- Assets vs Q2 2025
- +3.0%
- CET1 ratio, Q2 2026
- 10.77%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 091903530
- Latest call report
- Q2 2026, FFIEC 051 · The First National Bank of Osakis call report
- Holding company
- FINANCIAL SERVICES OF LOWRY, INC.
- Asset rank in state
- 172nd of 221 in Minnesota
The First National Bank of Osakis operates with a thinner capital cushion than most banks of its size. Based in Osakis, Minnesota, it had $98 million in assets at June 30, 2026, up 3.0% from a year earlier. It holds common equity equal to 10.77% of its risk-weighted assets, about half the median of 20.80% for the 533 banks with less than $100 million in assets. It also holds commercial real estate loans worth 1.8 times its capital, 5.9 times the median of 30% for banks its size.
Earnings jumped: net income for the quarter was $272,000, 30% above the same quarter a year earlier. Problem loans, meaning loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.67% of loans from 0.43% a year earlier. Funding is the softer spot: it pays an average of 2.24% on its deposits and borrowings, higher than about three-quarters of banks its size (median 1.53%).
As of June 30, 2026, The First National Bank of Osakis reported a CET1 capital ratio of 10.77%, a return on assets of 1.11%, a nonperforming-loan ratio of 0.67% and a Texas ratio of 6.60%. The figures come from its call report filed with the FFIEC.
Of the 221 banks headquartered in Minnesota, The First National Bank of Osakis is the 172nd largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 1.0% to $97.6M, loans rose 2.0% and deposits rose 1.6%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 39.4% of total loans, ahead of farmland and other real estate loans at 12.2%. Its one office in the FDIC Summary of Deposits is in Osakis, MN. On its Q2 2026 call report, The First National Bank of Osakis meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 211 Central Avenue, Osakis, MN 56360
- County
- Douglas
- Metro Area
- Alexandria, 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
- June 8, 1903
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 11
- Domestic deposits
- $80.9M
- Allowance for credit losses
- $751K
- Net charge-offs (YTD)
- -$9K
- Average total assets
- $97.9M
- Average total loans
- $81.0M
- Average interest-bearing deposits
- $67.3M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5221
- Fed RSSD
- 726458
- Website
- www.fnbosakis.com →
- Parent Holding Company
- FINANCIAL SERVICES OF LOWRY, INC. (RSSD 1127016)
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, The First National Bank of Osakis's total assets ran between $91.0M (Q1 2024) and $97.6M (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
$97.6M total assets against $94.7M; $88.5M total liabilities against $86.3M.
$81.2M net loans and leases against $76.7M; $80.9M total deposits against $76.3M.
$9.7M securities against $11.1M; $1.2M cash and balances due against $1.9M.
$1.4M total interest income against $1.3M; $465K total interest expense against $463K.
$924K net interest income against $793K.
$82K total noninterest income against $71K; $709K total noninterest expense against $655K.
$25K provision for credit losses against $0.
$272K net income against $209K.
1.11% return on assets against 0.89%; 4.00% net interest margin against 3.58%.
10.77% CET1 capital ratio against 10.88%; 8.67% tier 1 leverage ratio against 8.61%.
Inside the full The First National Bank of Osakis 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.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
The First National Bank of Osakis rankings
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.68% (Q4 2024) to 1.46% (Q4 2025) and its net interest margin ran from 2.98% (Q3 2024) to 4.00% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.77% | 1.11% | 0.67% | 6.60% | 4.00% |
| Q1 2026 | 11.04% | 1.12% | 0.41% | 3.99% | 3.80% |
| Q4 2025 | 11.57% | 1.46% | 0.60% | 5.67% | 3.93% |
| Q3 2025 | 11.39% | 1.23% | 0.43% | 4.10% | 3.75% |
| Q2 2025 | 10.88% | 0.89% | 0.43% | 4.32% | 3.58% |
| Q1 2025 | 11.50% | 0.94% | 0.67% | 6.55% | 3.40% |
| Q4 2024 | 11.43% | 0.68% | 0.63% | 6.38% | 3.24% |
| Q3 2024 | 11.54% | 1.03% | 0.88% | 8.50% | 2.98% |
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 Osakis | Osakis , MN | 56360 | $80.9M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 215 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $100K approved, $100K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2012 (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 Osakis
What are The First National Bank of Osakis's total assets?
As of the Q2 2026 filing, The First National Bank of Osakis reported total assets of $97.6 million in its FFIEC call report.
Where is The First National Bank of Osakis headquartered?
It is headquartered in Osakis, MN, United States.
When was The First National Bank of Osakis founded?
It was established in 1903, per the FDIC institution directory.
Is The First National Bank of Osakis FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5221). 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 Osakis?
The First National Bank of Osakis's primary federal regulator is the OCC.
What is The First National Bank of Osakis's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 10.77% in its Q2 2026 call report, above regulatory requirements.
How many branches does The First National Bank of Osakis 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 Osakis's Texas Ratio?
Its Texas Ratio is 6.60% 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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