Versabank USA, N.A.
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Data as of · sourced from FFIEC call reports. How we update
Versabank USA, N.A. is an FDIC-insured commercial bank headquartered in Holdingford, MN, established in 1910 (FDIC certificate 10160), and it is supervised by the OCC. At Q2 2026 it reported total assets of $911.9M, the 22nd largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 30.43% 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
- 10160
- Headquarters
- Holdingford, MN
- Established
- 1910
- Total assets, Q2 2026
- $911.9M
- CET1 ratio, Q2 2026
- 30.43%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 091918583
- Latest call report
- Q2 2026, FFIEC 051 · Versabank USA, N.A. call report
- Holding company
- VERSAHOLDINGS US CORP
- Asset rank in state
- 22nd of 221 in Minnesota
Versabank USA, N.A. runs leaner than most banks of its size. It reported $912 million in assets at June 30, 2026, against $211 million a year earlier. It spends about 41 cents to bring in each dollar of revenue, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 61 cents). On the other hand, it keeps 3.03 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.95 cents).
Funding is the softer spot: it pays an average of 4.05% on its deposits and borrowings, about double the median of 1.80% for banks its size.
As of June 30, 2026, Versabank USA, N.A. reported a CET1 capital ratio of 30.43%, a return on assets of 1.34%, a nonperforming-loan ratio of 0.10% and a Texas ratio of 0.32%. The figures come from its call report filed with the FFIEC.
Versabank USA, N.A. ranks as the 22nd largest of the 221 banks based in Minnesota, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 16.5% to $911.9M, loans rose 22.1% and deposits rose 21.2%. Commercial and industrial loans made up 100.0% of its total loans on June 30, 2026, its largest category. Its 2 offices in the FDIC Summary of Deposits are in Minneapolis, MN and Holdingford, MN; its Minneapolis office books 100% of its branch deposits. On its Q2 2026 call report, Versabank USA, N.A. meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 580 Main St, Holdingford, MN 56340
- County
- Stearns
- Metro Area
- St. Cloud, MN
- 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, 1910
- Former names
- Stearns Bank Holdingford National Association (1997-2024)
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 19
- Domestic deposits
- $675.8M
- Allowance for credit losses
- $4K
- Net charge-offs (YTD)
- $14K
- Average total assets
- $835.7M
- Average total loans
- $496.6M
- Average interest-bearing deposits
- $604.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 10160
- Fed RSSD
- 1011656
- Website
- www.versabankusa.com →
- Parent Holding Company
- VERSAHOLDINGS US CORP (RSSD 5808751)
- Ultimate Parent
- GBH INC. (RSSD 5809673)
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
Versabank USA, N.A.'s total assets moved between a low of $77.7M (Q3 2023) and a high of $911.9M (Q2 2026) 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
$911.9M total assets against $210.6M; $724.3M total liabilities against $111.6M.
$577.4M net loans and leases against $118.1M; $675.8M total deposits against $101.7M.
$257.1M securities against $83.2M; $59.3M cash and balances due against $3.2M.
$12.5M total interest income against $2.9M; $6.1M total interest expense against $759K.
$6.3M net interest income against $2.1M.
-$8K total noninterest income against -$1K; $2.6M total noninterest expense against $1.7M.
-$193K provision for credit losses against $13K.
$2.8M net income against $290K.
1.34% return on assets against 0.56%; 3.03% net interest margin against 4.41%.
30.43% CET1 capital ratio against 81.09%; 22.46% tier 1 leverage ratio against 47.93%.
Inside the full Versabank USA, N.A. terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeVersabank USA, N.A. rankings
Its closest position to the top of a national ranking is 73 of 2,134, for CET1 ratio; its furthest is 3,079 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -0.39% (Q3 2024) to 1.49% (Q4 2025) and its net interest margin ran from 2.94% (Q1 2026) to 4.99% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 30.43% | 1.34% | 0.10% | 0.32% | 3.03% |
| Q1 2026 | 35.90% | 1.18% | 0.02% | 0.06% | 2.94% |
| Q4 2025 | 43.87% | 1.49% | 0.03% | 0.05% | 3.51% |
| Q3 2025 | 103.27% | 1.47% | 0.04% | 0.03% | 4.99% |
| Q2 2025 | 81.09% | 0.56% | 0.10% | 0.12% | 4.41% |
| Q1 2025 | 94.40% | -0.03% | 0.07% | 0.07% | 3.57% |
| Q4 2024 | 162.14% | 0.24% | 0.32% | 0.14% | 3.80% |
| Q3 2024 | 174.87% | -0.39% | 0.12% | 0.07% | — |
Swipe the table sideways to see every column.
Branch Network
View all 2 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 |
|---|---|---|---|
| Administrative Center Branch | Minneapolis , MN | 55401 | $675.8M |
| Versabank Usa National Association | Holdingford , MN | 56340 | $0 |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in MN, rank 42 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $179K approved, $179K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2005 (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 Versabank USA, N.A.
What are Versabank USA, N.A.'s total assets?
As of the Q2 2026 filing, Versabank USA, N.A. reported total assets of $911.9 million in its FFIEC call report.
Where is Versabank USA, N.A. headquartered?
It is headquartered in Holdingford, MN, United States.
When was Versabank USA, N.A. founded?
It was established in 1910, per the FDIC institution directory.
Is Versabank USA, N.A. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #10160). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Versabank USA, N.A.?
Versabank USA, N.A.'s primary federal regulator is the OCC.
What is Versabank USA, N.A.'s CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 30.43% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Versabank USA, N.A. operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Versabank USA, N.A.'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.
What was Versabank USA, N.A. previously called?
The charter now named Versabank USA, N.A. has also operated as Stearns Bank Holdingford National Association (1997-2024), per FDIC structure-change records.
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