Branch Network
Park State Bank Locations & Branches Duluth, Minnesota
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Park State Bank operates 18 branches from its headquarters in Duluth, MN, .
Park State Bank branch network
All 18 branches are in MINNESOTA, across 13 cities. Duluth, MN has the most of its branches, 3. Its largest office by deposits is its main office in Duluth, MN, with $268.1M (22.2% of its branch deposits). On June 30, 2025 it had 16 branches, 2 fewer than in 2026.
Park State Bank at a glance
Its CET1 capital ratio was 14.94% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Total assets, Q2 2026
- $1.49B
- CET1 ratio, Q2 2026
- 14.94%
- Deposit insurance
- FDIC
- Regulator
- FDIC
- Established
- 1916
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Deposit market share
Share of all FDIC-insured deposits held in each area, from the June 30, 2026 Summary of Deposits. Rank 1 is the largest holder. Shares are by bank charter, not by holding company.
| Area | Rank | Deposit share | Deposits |
|---|---|---|---|
| City: Duluth, MN (3 branches) | 5 of 10 | 10.9% | $307.4M |
| State: MN (18 branches) | 20 of 277 | 0.4% | $1.21B |
Ranked by total assets among banks headquartered in the state: Largest banks in Minnesota.
Share by county and metro area
Park State Bank's share of FDIC-insured deposits in the counties and metro areas where it has branches, from the June 30, 2026 Summary of Deposits. Up to the ten largest of each are shown, by the bank's deposits. Rank 1 is the largest holder. Banks only: credit unions are not in the Summary of Deposits.
Counties
| County | Rank | Deposit share | Deposits | County total |
|---|---|---|---|---|
| St. Louis, MN (11 branches) | 3 of 19 | 15.0% | $759.4M | $5.06B |
| Itasca, MN (3 branches) | 2 of 9 | 17.7% | $180.8M | $1.02B |
| Lake, MN (2 branches) | 1 of 2 | 69.7% | $132.6M | $190.3M |
| Hennepin, MN (1 branch) | 37 of 67 | <0.1% | $105.0M | $144.16B |
Metro areas
| Metro area | Rank | Deposit share | Deposits | Metro total |
|---|---|---|---|---|
| Duluth, MN-WI (13 branches) | 4 of 26 | 13.2% | $892.0M | $6.78B |
| Grand Rapids, MN (3 branches) | 2 of 9 | 17.7% | $180.8M | $1.02B |
| Minneapolis-St. Paul-Bloomington, MN-WI (1 branch) | 92 of 124 | <0.1% | $105.0M | $252.68B |
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Park State Bank (main office) | Duluth, MN | 55806 | $268.1M |
| Mountain IronExpressway Branch | Mountain Iron, MN | 55768 | $164.2M |
| Hibbing Downtown Branch | Hibbing, MN | 55746 | $109.0M |
| Minneapolis Branch | Minneapolis, MN | 55416 | $105.0M |
| Two Harbors Branch | Two Harbors, MN | 55616 | $102.6M |
| Grand Rapids South Branch | Grand Rapids, MN | 55744 | $87.8M |
| First National Bank Branch | Chisholm, MN | 55719 | $51.6M |
| Nashwauk Branch | Nashwauk, MN | 55769 | $49.1M |
| Hermantown Branch | Hermantown, MN | 55811 | $46.1M |
| Grand Rapids North Branch | Grand Rapids, MN | 55744 | $43.9M |
| Cook Branch | Cook, MN | 55723 | $40.0M |
| Silver Bay Branch | Silver Bay, MN | 55614 | $30.0M |
| Chisholm Branch | Chisholm, MN | 55719 | $27.8M |
| West Duluth Branch | Duluth, MN | 55807 | $26.5M |
| Orr Branch | Orr, MN | 55771 | $24.4M |
| Biwabik Branch | Biwabik, MN | 55708 | $16.7M |
| Mt Royal Branch | Duluth, MN | 55803 | $12.8M |
| Chisholm Branch | Chisholm, MN | 55719 | $0 |
Source: FDIC Summary of Deposits, June 30, 2026. How the survey works.
Regulator records: FDIC BankFind (cert 8851) · FFIEC NIC profile (RSSD 286457)