Western National Bank of Cass Lake
Western National Bank of Cass Lake is an FDIC-insured commercial bank headquartered in Cass Lake, MN, supervised by the OCC, with $37.1M in total assets at Q2 2026, up 11.7% from Q2 2025, the 212th largest of 221 banks headquartered in Minnesota. It was established in 1902 and holds FDIC certificate 5110. Its CET1 capital ratio was 17.37% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
Also written as WNB of Cass Lake
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Data as of · sourced from FFIEC call reports. How we update
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 5110
- Headquarters
- Cass Lake, MN
- Established
- 1902
- Total assets, Q2 2026
- $37.1M
- Assets vs Q2 2025
- +11.7%
- CET1 ratio, Q2 2026
- 17.37%
- Domestic offices
- 1 · Western National Bank of Cass Lake branches FDIC institution directory, current count
- Routing number
- 091206826
- Safety and soundness
- Is Western National Bank of Cass Lake safe?
- Latest call report
- Q2 2026, FFIEC 051 · Western National Bank of Cass Lake call report
- Holding company
- CASS LAKE COMPANY
- Asset rank in state
- 212th of 221 in Minnesota
Western National Bank of Cass Lake earns an unusually wide margin on its lending. Its balance sheet stood at $37 million at June 30, 2026, up 11.7% from a year earlier; it is based in Cass Lake, Minnesota. It keeps 5.79 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 533 banks with less than $100 million in assets (median 3.91 cents). It also pays an average of 0.39% on its deposits and borrowings, a small fraction of the median of 1.53% 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 0.00% of loans from 1.18%. Loans are outrunning deposits: over the year loans rose 23.3% and deposits rose 12.3%. Concentration is the risk to watch: it holds commercial real estate loans worth 1.7 times its capital, 5.5 times the median of 30% for banks its size.
As of June 30, 2026, Western National Bank of Cass Lake reported a CET1 capital ratio of 17.37%, a return on assets of 1.14%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
Of the 221 banks headquartered in Minnesota, Western National Bank of Cass Lake is the 212th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 0.7% to $37.1M, loans rose 16.2% and deposits fell 1.0%. The largest part of its loan book on June 30, 2026 was non-owner-occupied commercial real estate loans, at 34.7% of total loans, ahead of owner-occupied commercial real estate loans at 25.2%. The FDIC Summary of Deposits lists a single office for it, in Cass Lake, MN. By the capital ratios in its Q2 2026 call report, Western National Bank of Cass Lake meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 210 2nd St Nw, Cass Lake, MN 56633
- County
- Cass
- Metro Area
- Brainerd, 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
- July 1, 1902
- Former names
- Western National Bank (2006)
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 5
- Domestic deposits
- $33.0M
- Allowance for credit losses
- $181K
- Net charge-offs (YTD)
- $0
- Average total assets
- $38.8M
- Average total loans
- $13.9M
- Average interest-bearing deposits
- $35.9M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5110
- Fed RSSD
- 278751
- Website
- www.wbcasslake.com →
- Parent Holding Company
- CASS LAKE COMPANY (RSSD 1123009)
- Ultimate Parent
- WESTERN BANCORPORATION, INC. (RSSD 3271267)
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. After a merger that grows assets 25% or more, the UBPR averages balances from the merger date on while the income stays year to date, so a YTD ratio can differ widely from the ratio of either quarter. 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, Western National Bank of Cass Lake's total assets ran between $32.7M (Q1 2025) and $42.1M (Q4 2023), 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
$37.1M total assets against $33.2M; $33.2M total liabilities against $29.6M.
$14.4M net loans and leases against $11.6M; $33.0M total deposits against $29.4M.
$14.9M securities against $10.9M; $5.4M cash and balances due against $8.4M.
$539K total interest income against $393K; $49K total interest expense against $47K.
$490K net interest income against $346K.
$85K total noninterest income against $234K; $464K total noninterest expense against $434K.
$0 provision for credit losses against $30K.
$111K net income against $116K.
1.14% return on assets against 1.36%; 5.79% net interest margin against 4.68%.
17.37% CET1 capital ratio against 26.34%; 9.11% tier 1 leverage ratio against 9.79%.
Inside the full Western National Bank of Cass Lake terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
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Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.14% (Q2 2026) to 2.00% (Q1 2025) and its net interest margin ran from 3.10% (Q3 2024) to 5.79% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 17.37% | 1.14% | 0.00% | 0.00% | 5.79% |
| Q1 2026 | 23.33% | 1.39% | 0.69% | 5.66% | 4.62% |
| Q4 2025 | 26.41% | 1.55% | 0.00% | 3.33% | 4.73% |
| Q3 2025 | 23.91% | 1.48% | 0.00% | 3.39% | 5.58% |
| Q2 2025 | 26.34% | 1.36% | 1.18% | 7.73% | 4.68% |
| Q1 2025 | — | 2.00% | 0.00% | 4.68% | 4.32% |
| Q4 2024 | 17.84% | 1.54% | 0.41% | 6.41% | 4.54% |
| Q3 2024 | 24.42% | 1.47% | 0.07% | 5.72% | 3.10% |
Swipe the table sideways to see every column.
Branch Network
View the branch → 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 |
|---|---|---|---|
| Western National Bank | Cass Lake , MN | 56633 | $33.0M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 3 against the institution (OCC); 7 against individuals associated with it
- July 13, 2010, OCC: Formal Agreement: Western National Bank
- October 5, 2000, OCC: Formal Agreement: First National Bank of Cass Lake, The
- February 2, 2000, OCC: Formal Agreement: First National Bank of Cass Lake, The
- Period: Most recent institution action July 13, 2010. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in MN, rank 262 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $80K approved, $80K average. 100.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2011 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- 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 Western National Bank of Cass Lake
What are Western National Bank of Cass Lake's total assets?
As of the Q2 2026 filing, Western National Bank of Cass Lake reported total assets of $37.1 million in its FFIEC call report.
Where is Western National Bank of Cass Lake headquartered?
It is headquartered in Cass Lake, MN, United States.
When was Western National Bank of Cass Lake founded?
It was established in 1902, per the FDIC institution directory.
Is Western National Bank of Cass Lake FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5110). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Western National Bank of Cass Lake?
Western National Bank of Cass Lake's primary federal regulator is the OCC.
What is Western National Bank of Cass Lake's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 17.37% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Western National Bank of Cass Lake operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Western National Bank of Cass Lake's Texas Ratio?
Its Texas Ratio is 0.00% 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 Western National Bank of Cass Lake previously called?
The charter now named Western National Bank of Cass Lake has also operated as Western National Bank (2006), per FDIC structure-change records.
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