The First National Bank of Proctor
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Data as of · sourced from FFIEC call reports. How we update
The First National Bank of Proctor is an FDIC-insured commercial bank headquartered in Proctor, MN, established in 1902 (FDIC certificate 5232), and it is supervised by the OCC. At Q2 2026 it reported total assets of $34.0M, up 0.3% from Q2 2025, the 216th largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 25.38% 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
- 5232
- Headquarters
- Proctor, MN
- Established
- 1902
- Total assets, Q2 2026
- $34.0M
- Assets vs Q2 2025
- +0.3%
- CET1 ratio, Q2 2026
- 25.38%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 091909068
- Latest call report
- Q2 2026, FFIEC 051 · The First National Bank of Proctor call report
- Asset rank in state
- 216th of 221 in Minnesota
The First National Bank of Proctor operates with a thinner capital cushion than most banks of its size. Based in Proctor, Minnesota, it had $34 million in assets at June 30, 2026. It funds 8.47% of its assets with Tier 1 capital, lower than about 9 in 10 of the 533 banks with less than $100 million in assets (median 12.81%). On the other hand, it carries problem assets equal to 0.0% of the capital and reserves that would absorb them, lower than about 9 in 10 banks its size (median 1.9%).
Net income for the quarter rose 21% from a year earlier, to $47,000. Over the same year, loans shrank 4.8% and deposits shrank 0.1%.
As of June 30, 2026, The First National Bank of Proctor reported a CET1 capital ratio of 25.38%, a return on assets of 0.53%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
The First National Bank of Proctor ranks as the 216th largest of the 221 banks based in Minnesota, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 1.5% to $34.0M, loans rose 1.7% and deposits fell 1.7%. 1-4 family residential loans made up 80.0% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 9.0%. The FDIC Summary of Deposits lists a single office for it, in Proctor, MN. By the capital ratios in its Q2 2026 call report, The First National Bank of Proctor meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 211 2nd St, Proctor, MN 55810
- County
- St. Louis
- Metro Area
- Duluth, 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
- January 1, 1902
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 7
- Domestic deposits
- $31.1M
- Allowance for credit losses
- $94K
- Net charge-offs (YTD)
- $0
- Average total assets
- $35.2M
- Average total loans
- $13.7M
- Average interest-bearing deposits
- $23.3M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5232
- Fed RSSD
- 731957
- Website
- WWW.PROCTORBANK.COM →
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 Proctor's total assets ran between $30.1M (Q3 2023) and $34.5M (Q4 2025), 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
$34.0M total assets against $33.9M; $31.1M total liabilities against $31.2M.
$13.8M net loans and leases against $14.5M; $31.1M total deposits against $31.1M.
$12.6M securities against $10.1M; $7.4M cash and balances due against $9.1M.
$387K total interest income against $361K; $76K total interest expense against $72K.
$311K net interest income against $289K.
$15K total noninterest income against $12K; $255K total noninterest expense against $244K.
No provision recorded in the last 12 quarters.
$47K net income against $39K.
0.53% return on assets against 0.46%; 3.59% net interest margin against 3.44%.
25.38% CET1 capital ratio against 24.04%; 8.47% tier 1 leverage ratio against 8.24%.
Inside the full The First National Bank of Proctor terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
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Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.00% (Q4 2025) to 0.75% (Q3 2025) and its net interest margin ran from 3.39% (Q1 2026) to 3.60% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 25.38% | 0.53% | 0.00% | 0.00% | 3.59% |
| Q1 2026 | 24.95% | 0.59% | 0.04% | 0.17% | 3.39% |
| Q4 2025 | 24.91% | 0.00% | 0.04% | 0.21% | 3.53% |
| Q3 2025 | 24.66% | 0.75% | 0.05% | 0.24% | 3.60% |
| Q2 2025 | 24.04% | 0.46% | 0.05% | 0.29% | 3.44% |
| Q1 2025 | 22.55% | 0.56% | 0.06% | 0.34% | 3.44% |
| Q4 2024 | 22.64% | 0.36% | 0.07% | 0.39% | 3.50% |
| Q3 2024 | 21.75% | 0.48% | 0.07% | 0.42% | 3.55% |
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 Proctor | Proctor , MN | 55810 | $31.1M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 266 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $150K approved, $150K average. 100.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2002 (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 Proctor
What are The First National Bank of Proctor's total assets?
As of the Q2 2026 filing, The First National Bank of Proctor reported total assets of $34.0 million in its FFIEC call report.
Where is The First National Bank of Proctor headquartered?
It is headquartered in Proctor, MN, United States.
When was The First National Bank of Proctor founded?
It was established in 1902, per the FDIC institution directory.
Is The First National Bank of Proctor FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5232). 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 Proctor?
The First National Bank of Proctor's primary federal regulator is the OCC.
What is The First National Bank of Proctor's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 25.38% 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 Proctor 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 Proctor's Texas Ratio?
Its Texas Ratio is 0.00% 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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