First State Bank of Swanville
Also written as FSB of Swanville
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Data as of · sourced from FFIEC call reports. How we update
First State Bank of Swanville is an FDIC-insured commercial bank headquartered in Swanville, MN, established in 1907 (FDIC certificate 8218), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $23.8M, down 6.6% from Q2 2025, the 221st largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 26.71% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 8218
- Headquarters
- Swanville, MN
- Established
- 1907
- Total assets, Q2 2026
- $23.8M
- Assets vs Q2 2025
- -6.6%
- CET1 ratio, Q2 2026
- 26.71%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 091905525
- Latest call report
- Q2 2026, FFIEC 051 · First State Bank of Swanville Q3 2026 call report, filed October 16, 2026 (preliminary)
- Holding company
- SWANVILLE BANCSHARES, INC.
- Asset rank in state
- 221st of 221 in Minnesota
Problem loans are rising at First State Bank of Swanville. Based in Swanville, Minnesota, it had $24 million in assets at June 30, 2026, down 6.6% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.16% of loans from 0.79% a year earlier. It keeps 5.68 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 533 banks with less than $100 million in assets (median 3.91 cents). It also pays an average of 0.27% on its deposits and borrowings, a small fraction of the median of 1.53% for banks its size.
It lost $10,000 in the quarter. Over the same year, loans shrank 11.8% and deposits shrank 8.0%. Concentration is the risk to watch: it holds commercial real estate loans worth 1.4 times its capital, 4.5 times the median of 30% for banks its size.
As of June 30, 2026, First State Bank of Swanville reported a CET1 capital ratio of 26.71%, a return on assets of -0.17%, a nonperforming-loan ratio of 2.16% and a Texas ratio of 7.19%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First State Bank of Swanville is the smallest of the 221 banks headquartered in Minnesota. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 1.6% to $23.8M, loans rose 0.4% and deposits rose 3.3%. The largest part of its loan book on June 30, 2026 was commercial and industrial loans, at 31.6% of total loans, ahead of 1-4 family residential loans at 20.9%. The FDIC Summary of Deposits lists a single office for it, in Swanville, MN. Judged on its Q2 2026 call report, First State Bank of Swanville meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 306 Degraff Ave, Swanville, MN 56382
- County
- Morrison
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- May 1, 1907
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 4
- Domestic deposits
- $19.2M
- Allowance for credit losses
- $191K
- Net charge-offs (YTD)
- $166K
- Average total assets
- $23.9M
- Average total loans
- $14.7M
- Average interest-bearing deposits
- $9.6M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 8218
- Fed RSSD
- 833851
- Website
- www.fsbswanville.com →
- Parent Holding Company
- SWANVILLE BANCSHARES, INC. (RSSD 1124622)
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, First State Bank of Swanville's total assets ranged from $23.0M (Q4 2025) to $25.5M (Q2 2025), and it earned a profit in 8 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$23.8M total assets against $25.5M; $19.5M total liabilities against $21.2M.
$14.8M net loans and leases against $16.8M; $19.2M total deposits against $20.9M.
$2.4M securities against $2.5M; $6.3M cash and balances due against $5.8M.
$335K total interest income against $370K; $13K total interest expense against $35K.
$322K net interest income against $335K.
$44K total noninterest income against $39K; $296K total noninterest expense against $232K.
$80K provision for credit losses against $0.
-$10K net income against $142K.
-0.17% return on assets against 2.34%; 5.68% net interest margin against 5.59%.
26.71% CET1 capital ratio against 24.01%; 18.14% tier 1 leverage ratio against 17.78%.
Inside the full First State Bank of Swanville 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 -0.67% (Q4 2024) to 2.34% (Q2 2025) and its net interest margin ran from 5.17% (Q3 2024) to 6.48% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 26.71% | -0.17% | 2.16% | 7.19% | 5.68% |
| Q1 2026 | 27.87% | 1.59% | 0.02% | 3.53% | 5.81% |
| Q4 2025 | 25.91% | -0.22% | 0.00% | 3.55% | 6.48% |
| Q3 2025 | 24.94% | 1.73% | 1.15% | 4.13% | 6.13% |
| Q2 2025 | 24.01% | 2.34% | 0.79% | 2.96% | 5.59% |
| Q1 2025 | 23.70% | 1.54% | 0.59% | 2.30% | 5.46% |
| Q4 2024 | 22.00% | -0.67% | 0.00% | 0.00% | 5.57% |
| Q3 2024 | 24.52% | 1.70% | 0.00% | 1.17% | 5.17% |
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 |
|---|---|---|---|
| First State Bank of Swanville (main office) | Swanville , MN | 56382 | $19.2M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 277 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $50K approved, $50K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2010 (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 First State Bank of Swanville
What are First State Bank of Swanville's total assets?
As of the Q2 2026 filing, First State Bank of Swanville reported total assets of $23.8 million in its FFIEC call report.
Where is First State Bank of Swanville headquartered?
It is headquartered in Swanville, MN, United States.
When was First State Bank of Swanville founded?
It was established in 1907, per the FDIC institution directory.
Is First State Bank of Swanville FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #8218). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First State Bank of Swanville?
First State Bank of Swanville's primary federal regulator is the FDIC.
What is First State Bank of Swanville's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 26.71% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First State Bank of Swanville 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 First State Bank of Swanville's Texas Ratio?
Its Texas Ratio is 7.19% 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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