Kensington Bank
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Data as of · sourced from FFIEC call reports. How we update
Kensington Bank is an FDIC-insured commercial bank headquartered in Kensington, MN, established in 1898 (FDIC certificate 1409), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $446.7M, down 1.2% from Q2 2025, the 56th largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 11.61% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 1409
- Headquarters
- Kensington, MN
- Established
- 1898
- Total assets, Q2 2026
- $446.7M
- Assets vs Q2 2025
- -1.2%
- CET1 ratio, Q2 2026
- 11.61%
- Domestic offices
- 7 FDIC institution directory, current count
- Routing number
- 091208138
- Latest call report
- Q2 2026, FFIEC 051 · Kensington Bank call report
- Holding company
- KENSINGTON BANCORP., INC.
- Asset rank in state
- 56th of 221 in Minnesota
Kensington Bank, based in Kensington, Minnesota, reported $447 million in assets at June 30, 2026, down 1.2% from a year earlier. It lost 3.6% of its deposits over the year, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 4.0%). It also holds common equity equal to 11.61% of its risk-weighted assets, lower than about three-quarters of banks its size (median 15.12%).
Problem loans roughly halved over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.58% of loans from 1.09%. Net income for the quarter rose 25% from a year earlier, to $1.4 million.
As of June 30, 2026, Kensington Bank reported a CET1 capital ratio of 11.61%, a return on assets of 1.21%, a nonperforming-loan ratio of 0.58% and a Texas ratio of 4.39%. The figures come from its call report filed with the FFIEC.
Kensington Bank ranks as the 56th largest of the 221 banks based in Minnesota, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 0.9% to $446.7M, loans fell 2.0% and deposits fell 0.8%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 27.8% of total loans, followed by farmland and other real estate loans at 19.5%. Its 6 offices in the FDIC Summary of Deposits are in 6 cities in MN; its Cokato office books 32% of its branch deposits. Judged on its Q2 2026 call report, Kensington Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 11 Central Ave N, Kensington, MN 56343
- County
- Douglas
- Metro Area
- Alexandria, MN
- 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
- January 1, 1898
- Domestic offices
- 7 FDIC institution directory, current count
- Employees (FTE)
- 60
- Domestic deposits
- $376.2M
- Allowance for credit losses
- $2.4M
- Net charge-offs (YTD)
- $789K
- Average total assets
- $451.1M
- Average total loans
- $347.8M
- Average interest-bearing deposits
- $312.3M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1409
- Fed RSSD
- 58757
- SEC CIK
- 1905286 → filed by KENSINGTON BANCORP., INC.
- Website
- www.kensington.bank →
- Parent Holding Company
- KENSINGTON BANCORP., INC. (RSSD 2359917)
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
Kensington Bank's total assets moved between a low of $392.0M (Q3 2023) and a high of $462.3M (Q3 2025) from Q3 2023 to 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
$446.7M total assets against $452.0M; $402.1M total liabilities against $411.4M.
$341.2M net loans and leases against $344.5M; $376.2M total deposits against $390.3M.
$61.7M securities against $63.5M; $18.6M cash and balances due against $18.9M.
$6.5M total interest income against $6.4M; $1.9M total interest expense against $2.3M.
$4.6M net interest income against $4.1M.
$677K total noninterest income against $622K; $2.6M total noninterest expense against $2.8M.
$757K provision for credit losses against $401K.
$1.4M net income against $1.1M.
1.21% return on assets against 0.96%; 4.35% net interest margin against 3.88%.
11.61% CET1 capital ratio against 10.60%; 9.90% tier 1 leverage ratio against 9.12%.
Inside the full Kensington Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeKensington Bank rankings
Its closest position to the top of a national ranking is 749 of 3,606, for efficiency ratio; its furthest is 1,826 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.84% (Q4 2025) to 1.37% (Q1 2026) and its net interest margin ran from 3.60% (Q3 2024) to 4.35% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.61% | 1.21% | 0.58% | 4.39% | 4.35% |
| Q1 2026 | 11.03% | 1.37% | 1.29% | 10.31% | 4.17% |
| Q4 2025 | 10.70% | 0.84% | 1.51% | 12.54% | 3.74% |
| Q3 2025 | 10.99% | 1.13% | 1.36% | 11.27% | 3.90% |
| Q2 2025 | 10.60% | 0.96% | 1.09% | 9.24% | 3.88% |
| Q1 2025 | 10.64% | 0.96% | 1.36% | 11.63% | 3.83% |
| Q4 2024 | 10.70% | 0.88% | 1.93% | 17.15% | 3.65% |
| Q3 2024 | 10.52% | 1.09% | 1.74% | 15.48% | 3.60% |
Swipe the table sideways to see every column.
Branch Network
View all 6 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 |
|---|---|---|---|
| Cokato Main Branch | Cokato , MN | 55321 | $119.6M |
| Kensington Bank (main office) | Kensington , MN | 56343 | $73.5M |
| Belgrade Office | Belgrade , MN | 56312 | $68.9M |
| Willmar Branch | Willmar , MN | 56201 | $61.0M |
| Herman Br | Herman , MN | 56248 | $32.3M |
| Sartell Mn Branch | Sartell , MN | 56377 | $20.9M |
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 |
|---|---|---|---|
| December 1, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 1, 2018 | Structure Change | Acquired North American State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 16, 2014 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 16, 2014 | Structure Change | Acquired The First National Bank of Herman Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 1, 2012 | Structure Change | Acquired State Bank of Cokato 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 5 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in MN, rank 80 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 70 applications, 56 loans originated, $10.0M originated, across 6 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $150K approved, $150K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2024 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, 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 Kensington Bank
What are Kensington Bank's total assets?
As of the Q2 2026 filing, Kensington Bank reported total assets of $446.7 million in its FFIEC call report.
Where is Kensington Bank headquartered?
It is headquartered in Kensington, MN, United States.
When was Kensington Bank founded?
It was established in 1898, per the FDIC institution directory.
Is Kensington Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #1409). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Kensington Bank?
Kensington Bank's primary federal regulator is the FDIC.
What is Kensington Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 11.61% in its Q2 2026 call report, above regulatory requirements.
How many branches does Kensington Bank operate?
It operates 7 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Kensington Bank's Texas Ratio?
Its Texas Ratio is 4.39% 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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