Premier Bank Minnesota
BankRegReports is independent of Premier Bank Minnesota and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Premier Bank Minnesota is an FDIC-insured commercial bank headquartered in Hastings, MN, established in 1990 (FDIC certificate 33204), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $691.5M, down 0.6% from Q2 2025, the 34th largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 12.43% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 33204
- Headquarters
- Hastings, MN
- Established
- 1990
- Total assets, Q2 2026
- $691.5M
- Assets vs Q2 2025
- -0.6%
- CET1 ratio, Q2 2026
- 12.43%
- Domestic offices
- 12 FDIC institution directory, current count
- Routing number
- 091905680
- Latest call report
- Q2 2026, FFIEC 051 · Premier Bank Minnesota call report
- Holding company
- PB FAMILY BANCSHARES, INC.
- Asset rank in state
- 34th of 221 in Minnesota
Premier Bank Minnesota leans heavily on commercial real estate. Its balance sheet stood at $691 million at June 30, 2026; it is based in Hastings, Minnesota. It holds commercial real estate loans worth 3.5 times its capital, about triple the median of 1.2 times for the 2,660 banks with $100 million to $1 billion in assets. It also shrank its loan book 4.9% over the year, lower than about 9 in 10 banks its size (median 5.5%).
Delinquency has appeared in its $146 million non-owner-occupied commercial real estate book: 1.98% of those loans are past due or on nonaccrual, against almost none a year earlier. Net income for the quarter rose 27% from a year earlier, to $3.2 million. Where it has less room is capital: it holds common equity equal to 12.43% of its risk-weighted assets, lower than about three-quarters of banks its size (median 15.12%).
As of June 30, 2026, Premier Bank Minnesota reported a CET1 capital ratio of 12.43%, a return on assets of 1.90%, a nonperforming-loan ratio of 0.04% and a Texas ratio of 0.32%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Premier Bank Minnesota is the 34th largest of the 221 banks headquartered in Minnesota. From Q1 2026 to Q2 2026, its total assets fell 1.1% to $691.5M, loans fell 2.5% and deposits fell 1.3%. Non-owner-occupied commercial real estate loans made up 26.7% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 25.8%. The FDIC Summary of Deposits lists 12 offices for it, in 9 cities in MN; its Rochester 4 offices book 42% of its branch deposits. By the capital ratios in its Q2 2026 call report, Premier Bank Minnesota meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 101 10th St E, Hastings, MN 55033
- County
- Dakota
- Metro Area
- Minneapolis-St. Paul-Bloomington, MN-WI
- 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
- Limited trust powers granted
- Call Report form
- FFIEC 051
- Established
- October 5, 1990
- Domestic offices
- 12 FDIC institution directory, current count
- Employees (FTE)
- 90
- Domestic deposits
- $620.1M
- Allowance for credit losses
- $7.1M
- Net charge-offs (YTD)
- -$22K
- Average total assets
- $677.2M
- Average total loans
- $553.3M
- Average interest-bearing deposits
- $467.0M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- October 5, 1990
- FDIC Cert
- 33204
- Fed RSSD
- 1481745
- Website
- www.premierbanks.com →
- Parent Holding Company
- PB FAMILY BANCSHARES, INC. (RSSD 5672448)
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, Premier Bank Minnesota's total assets ran between $646.4M (Q3 2023) and $710.0M (Q4 2025), 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
$691.5M total assets against $696.0M; $625.0M total liabilities against $623.5M.
$539.0M net loans and leases against $567.0M; $620.1M total deposits against $616.7M.
$60.9M securities against $65.8M; $63.2M cash and balances due against $37.0M.
$9.9M total interest income against $9.6M; $2.3M total interest expense against $2.8M.
$7.5M net interest income against $6.8M.
$532K total noninterest income against $493K; $4.8M total noninterest expense against $4.5M.
$0 provision for credit losses against $306K.
$3.2M net income against $2.5M.
1.90% return on assets against 1.47%; 4.63% net interest margin against 4.04%.
12.43% CET1 capital ratio against 13.37%; 10.02% tier 1 leverage ratio against 10.86%.
Inside the full Premier Bank Minnesota terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Premier Bank Minnesota rankings
Its closest position to the top of a national ranking is 610 of 3,611, for ROA; its furthest is 3,073 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.30% (Q3 2024) to 2.07% (Q1 2026) and its net interest margin ran from 3.53% (Q3 2024) to 4.63% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.43% | 1.90% | 0.04% | 0.32% | 4.63% |
| Q1 2026 | 11.90% | 2.07% | 0.06% | 0.38% | 4.56% |
| Q4 2025 | 14.01% | 1.66% | 0.02% | 0.04% | 4.27% |
| Q3 2025 | 13.79% | 1.95% | 0.18% | 1.12% | 4.19% |
| Q2 2025 | 13.37% | 1.47% | 0.03% | 0.08% | 4.04% |
| Q1 2025 | 13.26% | 1.66% | 0.73% | 5.24% | 3.85% |
| Q4 2024 | 12.87% | 1.69% | 0.04% | 0.18% | 3.82% |
| Q3 2024 | 12.66% | 1.30% | 0.04% | 0.19% | 3.53% |
Swipe the table sideways to see every column.
Branch Network
View all 12 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 |
|---|---|---|---|
| Premier Bank of Rochester Branch | Rochester , MN | 55902 | $116.9M |
| Premier Bank Minnesota (main office) | Hastings , MN | 55033 | $113.7M |
| Bloomington Branch | Bloomington , MN | 55420 | $87.4M |
| Wellner Branch | Rochester , MN | 55906 | $58.5M |
| Frontage Road Branch | Rochester , MN | 55901 | $47.5M |
| Albertville Branch | Albertville , MN | 55301 | $36.9M |
| Green Meadows Branch | Rochester , MN | 55902 | $35.6M |
| Owatonna Branch | Owatonna , MN | 55060 | $32.2M |
| Monticello Branch | Monticello , MN | 55362 | $30.1M |
| Faribault Branch | Faribault , MN | 55021 | $28.2M |
| Northfield Branch | Northfield , MN | 55057 | $16.7M |
| Farmington Branch | Farmington , MN | 55024 | $16.6M |
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 |
|---|---|---|---|
| October 8, 2022 | Structure Change | Acquired Premier Bank Rochester Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 7, 2022 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in MN, rank 49 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 73 applications, 30 loans originated, $60.6M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $15K approved, $15K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (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
Add this badge to your website
Free to use. It shows Premier Bank Minnesota’s latest filed figures and updates each quarter.
Similar banks
Compare Premier Bank Minnesota with peers
Frequently asked about Premier Bank Minnesota
What are Premier Bank Minnesota's total assets?
As of the Q2 2026 filing, Premier Bank Minnesota reported total assets of $691.5 million in its FFIEC call report.
Where is Premier Bank Minnesota headquartered?
It is headquartered in Hastings, MN, United States.
When was Premier Bank Minnesota founded?
It was established in 1990, per the FDIC institution directory.
Is Premier Bank Minnesota FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #33204). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Premier Bank Minnesota?
Premier Bank Minnesota's primary federal regulator is the FDIC.
What is Premier Bank Minnesota's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.43% in its Q2 2026 call report, above regulatory requirements.
How many branches does Premier Bank Minnesota operate?
It operates 12 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Premier Bank Minnesota's Texas Ratio?
Its Texas Ratio is 0.32% 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.
Go deeper on Premier Bank Minnesota.
Get an email when Premier Bank Minnesota files its next call report, and benchmark it against any peer you choose.
Unlock Premier Bank Minnesota, freeFree account