Prinsbank
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Data as of · sourced from FFIEC call reports. How we update
Prinsbank is an FDIC-insured commercial bank headquartered in Prinsburg, MN, established in 1916 (FDIC certificate 10191), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $308.3M, up 39.3% from Q2 2025, the 88th largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 17.59% 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
- 10191
- Headquarters
- Prinsburg, MN
- Established
- 1916
- Total assets, Q2 2026
- $308.3M
- Assets vs Q2 2025
- +39.3%
- CET1 ratio, Q2 2026
- 17.59%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 091913180
- Latest call report
- Q2 2026, FFIEC 051 · Prinsbank call report
- Holding company
- PSB FINANCIAL SHARES, INC.
- Asset rank in state
- 88th of 221 in Minnesota
Prinsbank is one of the more profitable banks of its size. It reported $308 million in assets at June 30, 2026, up 39.3% from a year earlier. It earns about $4.41 a year on every $100 of assets, 3.5 times the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also grew its loan book 44.3% over the year, 8.1 times the median of 5.5% for banks its size.
Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.29% of loans from 2.16%. Delinquency has appeared in its $55 million non-owner-occupied commercial real estate book: 3.26% of those loans are past due or on nonaccrual, against almost none a year earlier. Funding is the softer spot: it pays an average of 2.41% on its deposits and borrowings, higher than about three-quarters of banks its size (median 1.80%).
As of June 30, 2026, Prinsbank reported a CET1 capital ratio of 17.59%, a return on assets of 4.41%, a nonperforming-loan ratio of 0.29% and a Texas ratio of 1.21%. The figures come from its call report filed with the FFIEC.
Prinsbank ranks as the 88th largest of the 221 banks based in Minnesota, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 4.1% to $308.3M, loans rose 1.7% and deposits rose 2.7%. Owner-occupied commercial real estate loans made up 37.4% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 29.0%. The FDIC Summary of Deposits lists 4 offices for it, in 4 cities in MN; its Prinsburg office books 45% of its branch deposits. On its Q2 2026 call report, Prinsbank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 508 3rd St, Prinsburg, MN 56281
- County
- Kandiyohi
- Metro Area
- Willmar, 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
- October 14, 1916
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 32
- Domestic deposits
- $262.9M
- Allowance for credit losses
- $10.4M
- Net charge-offs (YTD)
- $180K
- Average total assets
- $299.5M
- Average total loans
- $184.9M
- Average interest-bearing deposits
- $191.2M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 10191
- Fed RSSD
- 787459
- Website
- www.prinsbank.com →
- Parent Holding Company
- PSB FINANCIAL SHARES, INC. (RSSD 1495797)
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, Prinsbank's total assets ranged from $191.3M (Q4 2023) to $308.3M (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
$308.3M total assets against $221.3M; $270.6M total liabilities against $188.4M.
$178.8M net loans and leases against $119.0M; $262.9M total deposits against $182.9M.
$36.9M securities against $10.2M; $83.8M cash and balances due against $87.0M.
$4.6M total interest income against $3.3M; $1.5M total interest expense against $1.2M.
$3.1M net interest income against $2.1M.
$543K total noninterest income against $934K; $2.4M total noninterest expense against $1.8M.
-$2.2M provision for credit losses against $99K.
$3.3M net income against $962K.
4.41% return on assets against 1.79%; 4.16% net interest margin against 3.82%.
17.59% CET1 capital ratio against 23.10%; 11.99% tier 1 leverage ratio against 15.29%.
Inside the full Prinsbank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freePrinsbank rankings
Its closest position to the top of a national ranking is 20 of 3,611, for ROA; its furthest is 2,591 of 3,640, for Texas Ratio.
Banks merged into Prinsbank
- First Community Bank, effective February 21, 2026
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.61% (Q1 2026) to 4.41% (Q2 2026) and its net interest margin ran from 3.67% (Q4 2024) to 4.96% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 17.59% | 4.41% | 0.29% | 1.21% | 4.16% |
| Q1 2026 | 16.69% | 1.61% | 1.34% | 5.50% | 4.27% |
| Q4 2025 | 16.02% | 1.65% | 0.67% | 2.70% | 4.43% |
| Q3 2025 | 15.94% | 2.22% | 0.82% | 3.29% | 4.96% |
| Q2 2025 | 23.10% | 1.79% | 2.16% | 6.31% | 3.82% |
| Q1 2025 | 22.69% | 2.09% | 2.94% | 8.69% | 4.41% |
| Q4 2024 | 22.45% | 2.04% | 1.95% | 6.13% | 3.67% |
| Q3 2024 | 21.07% | 2.36% | 2.50% | 8.47% | 4.79% |
Swipe the table sideways to see every column.
Branch Network
View all 4 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 |
|---|---|---|---|
| Prinsbank (main office) | Prinsburg , MN | 56281 | $119.3M |
| Champlin Branch | Champlin , MN | 55316 | $60.1M |
| Lester Prairie Branch | Lester Prairie , MN | 55354 | $50.8M |
| Silver Lake Branch | Silver Lake , MN | 55381 | $32.6M |
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 |
|---|---|---|---|
| February 21, 2026 | Structure Change | Acquired First Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 20, 2026 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 8, 2010 | Structure Change | Acquired Access Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| May 7, 2010 | Merger | Participated in FDIC Assisted Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 4 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 118 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 2 loans, $366K approved, $183K 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 Prinsbank
What are Prinsbank's total assets?
As of the Q2 2026 filing, Prinsbank reported total assets of $308.3 million in its FFIEC call report.
Where is Prinsbank headquartered?
It is headquartered in Prinsburg, MN, United States.
When was Prinsbank founded?
It was established in 1916, per the FDIC institution directory.
Is Prinsbank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #10191). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Prinsbank?
Prinsbank's primary federal regulator is the FDIC.
What is Prinsbank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 17.59% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Prinsbank operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Prinsbank's Texas Ratio?
Its Texas Ratio is 1.21% 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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