Star Bank
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Data as of · sourced from FFIEC call reports. How we update
Star Bank is an FDIC-insured commercial bank headquartered in Maple Lake, MN, established in 1904 (FDIC certificate 5095), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $445.8M, up 0.1% from Q2 2025, the 57th largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 10.73% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 5095
- Headquarters
- Maple Lake, MN
- Established
- 1904
- Total assets, Q2 2026
- $445.8M
- Assets vs Q2 2025
- +0.1%
- CET1 ratio, Q2 2026
- 10.73%
- Domestic offices
- 11 FDIC institution directory, current count
- Routing number
- 091206541
- Latest call report
- Q2 2026, FFIEC 051 · Star Bank call report
- Holding company
- MIDWEST BANCORPORATION, INC.
- Asset rank in state
- 57th of 221 in Minnesota
Star Bank earns an unusually wide margin on its lending. The Maple Lake, Minnesota bank had $446 million in assets at June 30, 2026. It keeps 5.05 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 3.95 cents). On the other hand, it holds common equity equal to 10.73% of its risk-weighted assets, lower than about 9 in 10 banks its size (median 15.12%).
Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 2.07% of loans, down from 3.42% a year earlier. The balance sheet shrank over the year: over the year loans fell 4.6% and deposits fell 0.4%. Credit is the area to watch: it carries problem assets equal to 18.1% of the capital and reserves that would absorb them, 6.8 times the median of 2.6% for banks its size.
As of June 30, 2026, Star Bank reported a CET1 capital ratio of 10.73%, a return on assets of 1.26%, a nonperforming-loan ratio of 2.07% and a Texas ratio of 18.07%. The figures come from its call report filed with the FFIEC.
Of the 221 banks headquartered in Minnesota, Star Bank is the 57th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 2.4% to $445.8M, loans rose 0.5% and deposits fell 3.0%. The largest part of its loan book on June 30, 2026 was construction and land development loans, at 20.8% of total loans, ahead of 1-4 family residential loans at 17.3%. Its 11 offices in the FDIC Summary of Deposits are in 11 cities in MN; its Maple Lake office books 38% of its branch deposits. On its Q2 2026 call report, Star Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 100 Highway 55 E, Maple Lake, MN 55358
- County
- Wright
- 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
- —
- Call Report form
- FFIEC 051
- Established
- August 15, 1904
- Former names
- Star Bank, National Association (2000-2004); The First National Bank of Bertha-Verndale (1983-2000)
- Domestic offices
- 11 FDIC institution directory, current count
- Employees (FTE)
- 80
- Domestic deposits
- $384.6M
- Allowance for credit losses
- $3.9M
- Net charge-offs (YTD)
- $3.2M
- Average total assets
- $452.5M
- Average total loans
- $354.4M
- Average interest-bearing deposits
- $300.5M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5095
- Fed RSSD
- 715050
- Website
- www.star.bank →
- Parent Holding Company
- MIDWEST BANCORPORATION, INC. (RSSD 1827718)
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
Star Bank's total assets moved between a low of $379.7M (Q4 2023) and a high of $465.0M (Q4 2025) from Q3 2023 to Q2 2026, and it earned a profit in 10 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$445.8M total assets against $445.2M; $401.6M total liabilities against $403.4M.
$353.4M net loans and leases against $370.1M; $384.6M total deposits against $386.2M.
$31.9M securities against $39.1M; $41.5M cash and balances due against $17.0M.
$7.1M total interest income against $6.8M; $1.6M total interest expense against $1.8M.
$5.4M net interest income against $5.0M.
$320K total noninterest income against $411K; $3.6M total noninterest expense against $3.2M.
$665K provision for credit losses against $2.8M.
$1.4M net income against -$671K.
1.26% return on assets against -0.60%; 5.05% net interest margin against 4.62%.
10.73% CET1 capital ratio against 9.67%; 9.29% tier 1 leverage ratio against 8.92%.
Inside the full Star Bank 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 are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Star Bank rankings
Its closest position to the top of a national ranking is 215 of 3,640, for Texas Ratio; its furthest is 2,012 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -0.60% (Q2 2025) to 2.10% (Q4 2024) and its net interest margin ran from 4.48% (Q1 2025) to 5.05% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.73% | 1.26% | 2.07% | 18.07% | 5.05% |
| Q1 2026 | 10.50% | -0.21% | 2.43% | 22.27% | 5.01% |
| Q4 2025 | 10.23% | 0.94% | 3.22% | 29.56% | 4.91% |
| Q3 2025 | 9.94% | 1.53% | 4.10% | 38.47% | 4.75% |
| Q2 2025 | 9.67% | -0.60% | 3.42% | 31.29% | 4.62% |
| Q1 2025 | 10.33% | 1.23% | 2.35% | 20.03% | 4.48% |
| Q4 2024 | 9.97% | 2.10% | 2.23% | 20.05% | 5.00% |
| Q3 2024 | 9.71% | 1.72% | 1.38% | 12.75% | 4.61% |
Swipe the table sideways to see every column.
Branch Network
View all 11 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 |
|---|---|---|---|
| Star Bank (main office) | Maple Lake , MN | 55358 | $147.2M |
| Wheaton Branch | Wheaton , MN | 56296 | $39.1M |
| Annandale Branch | Annandale , MN | 55302 | $33.4M |
| Graceville Branch | Graceville , MN | 56240 | $32.7M |
| Hancock Branch | Hancock , MN | 56244 | $27.8M |
| Verndale Branch | Verndale , MN | 56481 | $27.8M |
| Bertha Branch | Bertha , MN | 56437 | $21.5M |
| Eden Prairie Branch | Eden Prairie , MN | 55344 | $17.6M |
| Barrett Branch | Barrett , MN | 56311 | $13.6M |
| Eagle Bend Branch | Eagle Bend , MN | 56446 | $13.3M |
| Elbow Lake Branch | Elbow Lake , MN | 56531 | $10.6M |
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 |
|---|---|---|---|
| March 1, 2000 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 1, 2000 | Structure Change | Acquired West Central Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 5, 1982 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 5, 1982 | Structure Change | Acquired The First National Bank of Verndale 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 4 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- None against the institution on file; 2 against individuals associated with it
- Period: Most recent action June 5, 1990. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.1% of deposits in MN, rank 79 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 95 applications, 85 loans originated, $21.6M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 3 loans, $56K approved, $19K average. 33.33% of that year's loans have since been charged off
- Period: Federal fiscal year 2023 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- 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 Star Bank
What are Star Bank's total assets?
As of the Q2 2026 filing, Star Bank reported total assets of $445.8 million in its FFIEC call report.
Where is Star Bank headquartered?
It is headquartered in Maple Lake, MN, United States.
When was Star Bank founded?
It was established in 1904, per the FDIC institution directory.
Is Star Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5095). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Star Bank?
Star Bank's primary federal regulator is the FDIC.
What is Star Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 10.73% in its Q2 2026 call report, above regulatory requirements.
How many branches does Star Bank operate?
It operates 11 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Star Bank's Texas Ratio?
Its Texas Ratio is 18.07% 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.
What was Star Bank previously called?
The charter now named Star Bank has also operated as Star Bank, National Association (2000-2004), The First National Bank of Bertha-Verndale (1983-2000), per FDIC structure-change records.
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