Viking Bank, N.A.
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Data as of · sourced from FFIEC call reports. How we update
Viking Bank, N.A. is an FDIC-insured commercial bank headquartered in Alexandria, MN, established in 1981 (FDIC certificate 32082), and it is supervised by the OCC. At Q2 2026 it reported total assets of $330.3M, up 18.9% from Q2 2025, the 81st largest of 221 banks headquartered in Minnesota. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.19% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 32082
- Headquarters
- Alexandria, MN
- Established
- 1981
- Total assets, Q2 2026
- $330.3M
- Assets vs Q2 2025
- +18.9%
- Tier 1 leverage ratio, Q2 2026
- 9.19%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 291971430
- Latest call report
- Q2 2026, FFIEC 051 · Viking Bank, N.A. call report
- Holding company
- VIKING FINANCIAL CORPORATION
- Asset rank in state
- 81st of 221 in Minnesota
Viking Bank, N.A., based in Alexandria, Minnesota, reported $330 million in assets at June 30, 2026, up 18.9% from a year earlier. It grew deposits 22.8% over the year, 5.6 times the median of 4.0% for the 2,660 banks with $100 million to $1 billion in assets. It also funds 9.19% of its assets with Tier 1 capital, lower than about three-quarters of banks its size (median 10.99%).
Its $44 million non-owner-occupied commercial real estate book is now fully current, after 4.57% of it was past due or on nonaccrual a year earlier. Deposits are coming in faster than loans: over the year loans rose 13.0% and deposits rose 22.8%. Credit is the area to watch: it carries problem assets equal to 10.4% of the capital and reserves that would absorb them, 3.9 times the median of 2.6% for banks its size.
As of June 30, 2026, Viking Bank, N.A. reported a return on assets of 1.84%, a nonperforming-loan ratio of 0.53% and a Texas ratio of 10.41%. The figures come from its call report filed with the FFIEC.
Of the 221 banks headquartered in Minnesota, Viking Bank, N.A. is the 81st largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 5.5% to $330.3M, loans rose 2.0% and deposits rose 6.0%. 1-4 family residential loans made up 30.5% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 21.1%. The FDIC Summary of Deposits lists 3 offices for it, in Alexandria, MN, Ashby, MN and Brandon, MN; its Alexandria office books 78% of its branch deposits. Judged on its Q2 2026 call report, Viking Bank, N.A. meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 4277 Dakota Street, Alexandria, MN 56308
- County
- Douglas
- Metro Area
- Alexandria, 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
- April 7, 1981
- Former names
- Viking Bank (2017-2019); Viking Savings Bank (2009-2017)
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 44
- Domestic deposits
- $283.1M
- Allowance for credit losses
- $3.4M
- Net charge-offs (YTD)
- $2K
- Average total assets
- $315.6M
- Average total loans
- $260.0M
- Average interest-bearing deposits
- $231.2M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 32082
- Fed RSSD
- 484776
- Website
- www.viking.bank →
- Parent Holding Company
- VIKING FINANCIAL CORPORATION (RSSD 1449512)
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, Viking Bank, N.A. reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Viking Bank, N.A.'s total assets ranged from $262.0M (Q2 2024) to $330.3M (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
$330.3M total assets against $277.7M; $291.5M total liabilities against $241.8M.
$256.5M net loans and leases against $227.0M; $283.1M total deposits against $230.6M.
$15.6M securities against $15.8M; $33.0M cash and balances due against $13.6M.
$4.6M total interest income against $3.9M; $1.5M total interest expense against $1.4M.
$3.1M net interest income against $2.5M.
$424K total noninterest income against $437K; $2.0M total noninterest expense against $1.7M.
$115K provision for credit losses against $66K.
$1.5M net income against $1.1M.
1.84% return on assets against 1.65%; 4.18% net interest margin against 3.75%.
9.19% tier 1 leverage ratio against 9.49%.
Inside the full Viking Bank, N.A. terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeViking Bank, N.A. rankings
Its closest position to the top of a national ranking is 602 of 3,640, for Texas Ratio; its furthest is 2,326 of 4,196, for total assets.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.24% (Q4 2025) to 1.91% (Q3 2025) and its net interest margin ran from 3.22% (Q4 2024) to 4.18% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.19% | 1.84% | 0.53% | 10.41% | 4.18% |
| Q1 2026 | 8.98% | 1.65% | 0.30% | 8.80% | 3.95% |
| Q4 2025 | 8.99% | 1.24% | 0.22% | 8.35% | 3.89% |
| Q3 2025 | 9.51% | 1.91% | 0.31% | 9.00% | 3.92% |
| Q2 2025 | 9.49% | 1.65% | 1.11% | 9.35% | 3.75% |
| Q1 2025 | 9.40% | 1.42% | 1.23% | 10.61% | 3.58% |
| Q4 2024 | 8.70% | 1.26% | 0.83% | 7.25% | 3.22% |
| Q3 2024 | 9.37% | 1.31% | 0.97% | 8.10% | 3.23% |
Swipe the table sideways to see every column.
Branch Network
View all 3 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 |
|---|---|---|---|
| Viking Bank, N.A. (main office) | Alexandria , MN | 56308 | $221.6M |
| Ashby Branch | Ashby , MN | 56309 | $43.0M |
| Viking Bank Branch | Brandon , MN | 56315 | $18.5M |
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 |
|---|---|---|---|
| December 2, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 2, 2019 | Structure Change | Acquired First State Bank of Ashby 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 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 109 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $150K approved, $150K 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, 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 Viking Bank, N.A.
What are Viking Bank, N.A.'s total assets?
As of the Q2 2026 filing, Viking Bank, N.A. reported total assets of $330.3 million in its FFIEC call report.
Where is Viking Bank, N.A. headquartered?
It is headquartered in Alexandria, MN, United States.
When was Viking Bank, N.A. founded?
It was established in 1981, per the FDIC institution directory.
Is Viking Bank, N.A. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #32082). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Viking Bank, N.A.?
Viking Bank, N.A.'s primary federal regulator is the OCC.
How many branches does Viking Bank, N.A. operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Viking Bank, N.A.'s Texas Ratio?
Its Texas Ratio is 10.41% 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 Viking Bank, N.A. previously called?
The charter now named Viking Bank, N.A. has also operated as Viking Bank (2017-2019), Viking Savings Bank (2009-2017), per FDIC structure-change records.
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