The Miners National Bank of Eveleth
Also written as MNB of Eveleth
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Data as of · sourced from FFIEC call reports. How we update
The Miners National Bank of Eveleth is an FDIC-insured commercial bank headquartered in Eveleth, MN, established in 1903 (FDIC certificate 5141), and it is supervised by the OCC. At Q2 2026 it reported total assets of $96.6M, up 8.4% from Q2 2025, the 173rd largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 20.90% 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
- 5141
- Headquarters
- Eveleth, MN
- Established
- 1903
- Total assets, Q2 2026
- $96.6M
- Assets vs Q2 2025
- +8.4%
- CET1 ratio, Q2 2026
- 20.90%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 091200848
- Latest call report
- Q2 2026, FFIEC 051 · The Miners National Bank of Eveleth Q3 2026 call report, filed October 23, 2026 (preliminary)
- Asset rank in state
- 173rd of 221 in Minnesota
The Miners National Bank of Eveleth, based in Eveleth, Minnesota, reported $97 million in assets at June 30, 2026, up 8.4% from a year earlier. It carries problem assets equal to 0.0% of the capital and reserves that would absorb them, lower than about 9 in 10 of the 533 banks with less than $100 million in assets (median 1.9%). On the other hand, it funds 10.07% of its assets with Tier 1 capital, lower than about three-quarters of banks its size (median 12.81%).
Earnings jumped: net income for the quarter was $245,000, 45% above the same quarter a year earlier. Over the same year, loans grew 0.4% and deposits grew 8.7%.
As of June 30, 2026, The Miners National Bank of Eveleth reported a CET1 capital ratio of 20.90%, a return on assets of 1.02%, 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 Miners National Bank of Eveleth ranks as the 173rd largest of the 221 banks based in Minnesota, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 1.6% to $96.6M, loans fell 2.6% and deposits fell 2.1%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 82.3% of total loans, followed by construction and land development loans at 4.1%. Its one office in the FDIC Summary of Deposits is in Eveleth, MN. Judged on its Q2 2026 call report, The Miners National Bank of Eveleth meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 401 Grant Ave, Eveleth, MN 55734
- 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
- October 10, 1903
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 13
- Domestic deposits
- $84.4M
- Allowance for credit losses
- $714K
- Net charge-offs (YTD)
- $0
- Average total assets
- $95.7M
- Average total loans
- $66.1M
- Average interest-bearing deposits
- $67.2M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5141
- Fed RSSD
- 43856
- Website
- http://www.mnbeveleth.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
The Miners National Bank of Eveleth's total assets moved between a low of $86.5M (Q2 2024) and a high of $99.5M (Q4 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
$96.6M total assets against $89.1M; $87.1M total liabilities against $80.3M.
$64.5M net loans and leases against $64.2M; $84.4M total deposits against $77.6M.
$14.5M securities against $11.3M; $12.3M cash and balances due against $8.4M.
$1.3M total interest income against $1.2M; $326K total interest expense against $328K.
$995K net interest income against $848K.
$30K total noninterest income against $29K; $692K total noninterest expense against $634K.
$0 provision for credit losses against $0.
$245K net income against $169K.
1.02% return on assets against 0.74%; 4.78% net interest margin against 4.36%.
20.90% CET1 capital ratio against 19.74%; 10.07% tier 1 leverage ratio against 9.81%.
Inside the full The Miners National Bank of Eveleth terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
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Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.16% (Q4 2025) to 1.05% (Q1 2026) and its net interest margin ran from 4.36% (Q2 2025) to 5.12% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 20.90% | 1.02% | 0.00% | 0.00% | 4.78% |
| Q1 2026 | 19.93% | 1.05% | 0.31% | 2.08% | 4.70% |
| Q4 2025 | 19.93% | 0.16% | 0.00% | 0.00% | 5.12% |
| Q3 2025 | 19.84% | 0.95% | 0.05% | 0.31% | 4.90% |
| Q2 2025 | 19.74% | 0.74% | 0.05% | 0.31% | 4.36% |
| Q1 2025 | 19.26% | 0.70% | 0.00% | 0.00% | 4.49% |
| Q4 2024 | 19.02% | 0.40% | 0.00% | 0.00% | 4.55% |
| Q3 2024 | 18.26% | 1.02% | 0.00% | 0.00% | 4.52% |
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 Miners National Bank of Eveleth | Eveleth , MN | 55734 | $84.4M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 208 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $500K approved, $500K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2015 (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 Miners National Bank of Eveleth
What are The Miners National Bank of Eveleth's total assets?
As of the Q2 2026 filing, The Miners National Bank of Eveleth reported total assets of $96.6 million in its FFIEC call report.
Where is The Miners National Bank of Eveleth headquartered?
It is headquartered in Eveleth, MN, United States.
When was The Miners National Bank of Eveleth founded?
It was established in 1903, per the FDIC institution directory.
Is The Miners National Bank of Eveleth FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5141). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Miners National Bank of Eveleth?
The Miners National Bank of Eveleth's primary federal regulator is the OCC.
What is The Miners National Bank of Eveleth's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 20.90% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does The Miners National Bank of Eveleth 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 Miners National Bank of Eveleth'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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