Woodlands National Bank
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Data as of · sourced from FFIEC call reports. How we update
Woodlands National Bank is an FDIC-insured commercial bank headquartered in Hinckley, MN, established in 1908 (FDIC certificate 1417), and it is supervised by the OCC. At Q2 2026 it reported total assets of $331.0M, up 4.0% from Q2 2025, the 80th largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 23.71% 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
- 1417
- Headquarters
- Hinckley, MN
- Established
- 1908
- Total assets, Q2 2026
- $331.0M
- Assets vs Q2 2025
- +4.0%
- CET1 ratio, Q2 2026
- 23.71%
- Domestic offices
- 7 FDIC institution directory, current count
- Routing number
- 091908881
- Latest call report
- Q2 2026, FFIEC 041 · Woodlands National Bank call report
- Holding company
- MILLE LACS BANCORPORATION, INC.
- Asset rank in state
- 80th of 221 in Minnesota
Woodlands National Bank, based in Hinckley, Minnesota, reported $331 million in assets at June 30, 2026, up 4.0% from a year earlier. It shrank its loan book 7.4% over the year, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 5.5%). It also keeps 3.15 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.95 cents).
Loans and deposits moved in opposite directions: over the year loans fell 7.4% and deposits rose 3.5%. Paper losses on its bond portfolio are shrinking: unrealized losses of $12 million equal 33% of Tier 1 capital, down from 40% a year earlier. Profitability lags: it earns about $0.62 a year on every $100 of assets, about half the median of $1.28 for banks its size.
As of June 30, 2026, Woodlands National Bank reported a CET1 capital ratio of 23.71%, a return on assets of 0.62%, a nonperforming-loan ratio of 1.42% and a Texas ratio of 6.07%. The figures come from its call report filed with the FFIEC.
Of the 221 banks headquartered in Minnesota, Woodlands National Bank is the 80th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 5.3% to $331.0M, loans fell 0.5% and deposits rose 5.6%. Its loan book on June 30, 2026 was led by commercial and industrial loans, at 24.8% of total loans, followed by non-owner-occupied commercial real estate loans at 21.1%. Its 7 offices in the FDIC Summary of Deposits are in 6 cities in MN; its Onamia 2 offices book 66% of its branch deposits. By the capital ratios in its Q2 2026 call report, Woodlands National Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 122 Main St E, Hinckley, MN 55037
- County
- Pine
- 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 041
- Established
- October 1, 1908
- Former names
- Rural American Bank - Hinckley (1989-1999)
- Domestic offices
- 7 FDIC institution directory, current count
- Employees (FTE)
- 51
- Domestic deposits
- $298.5M
- Allowance for credit losses
- $1.9M
- Net charge-offs (YTD)
- $184K
- Average total assets
- $333.2M
- Average total loans
- $122.8M
- Average interest-bearing deposits
- $247.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1417
- Fed RSSD
- 980951
- Website
- www.woodlandsnationalbank.com →
- Parent Holding Company
- MILLE LACS BANCORPORATION, INC. (RSSD 2359823)
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
Over the 12 quarters to Q2 2026, Woodlands National Bank's total assets ran between $312.2M (Q4 2025) and $349.3M (Q3 2024), 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
$331.0M total assets against $318.3M; $300.4M total liabilities against $290.4M.
$119.8M net loans and leases against $129.2M; $298.5M total deposits against $288.6M.
$134.7M securities against $127.1M; $58.9M cash and balances due against $48.3M.
$3.5M total interest income against $3.4M; $1.1M total interest expense against $1.1M.
$2.5M net interest income against $2.3M.
$334K total noninterest income against $341K; $2.1M total noninterest expense against $2.0M.
$0 provision for credit losses against $0.
$513K net income against $475K.
0.62% return on assets against 0.58%; 3.15% net interest margin against 3.05%.
23.71% CET1 capital ratio against 22.11%; 11.20% tier 1 leverage ratio against 11.01%.
Inside the full Woodlands National Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWoodlands National Bank rankings
Its closest position to the top of a national ranking is 191 of 2,134, for CET1 ratio; its furthest is 3,123 of 3,611, for ROA.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.40% (Q1 2025) to 0.83% (Q3 2025) and its net interest margin ran from 2.81% (Q1 2025) to 3.15% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 23.71% | 0.62% | 1.42% | 6.07% | 3.15% |
| Q1 2026 | 23.34% | 0.63% | 1.47% | 6.49% | 3.00% |
| Q4 2025 | 22.72% | 0.69% | 1.65% | 8.06% | 3.13% |
| Q3 2025 | 21.48% | 0.83% | 1.06% | 6.61% | 3.04% |
| Q2 2025 | 22.11% | 0.58% | 1.15% | 7.47% | 3.05% |
| Q1 2025 | 21.68% | 0.40% | 1.25% | 8.35% | 2.81% |
| Q4 2024 | 20.20% | 0.70% | 1.80% | 12.39% | 3.10% |
| Q3 2024 | 19.70% | 0.42% | 1.57% | 7.99% | 2.83% |
Swipe the table sideways to see every column.
Branch Network
View all 7 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 |
|---|---|---|---|
| Onamia Branch | Onamia , MN | 56359 | $191.4M |
| Minneapolis Branch | Minneapolis , MN | 55404 | $28.7M |
| Zimmerman Branch | Zimmerman , MN | 55398 | $21.5M |
| Woodlands National Bank (main office) | Hinckley , MN | 55037 | $18.1M |
| Sturgeon Lake Branch | Sturgeon Lake , MN | 55783 | $18.0M |
| Cloquet Branch | Cloquet , MN | 55720 | $15.0M |
| Grand Market Branch | Onamia , MN | 56359 | $5.8M |
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 |
|---|---|---|---|
| November 1, 1999 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 1, 1999 | Structure Change | Acquired Woodlands National Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 1, 1995 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 1, 1995 | Structure Change | Acquired Sturgeon Lake State Bank 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
- 1 against the institution (OCC)
- March 1, 2011, OCC: Formal Agreement: Woodlands National Bank
- Period: Most recent institution action March 1, 2011. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in MN, rank 102 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 50 applications, 26 loans originated, $5.2M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 2 loans, $2.2M approved, $1.1M 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
- 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 Woodlands National Bank
What are Woodlands National Bank's total assets?
As of the Q2 2026 filing, Woodlands National Bank reported total assets of $331.0 million in its FFIEC call report.
Where is Woodlands National Bank headquartered?
It is headquartered in Hinckley, MN, United States.
When was Woodlands National Bank founded?
It was established in 1908, per the FDIC institution directory.
Is Woodlands National Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #1417). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Woodlands National Bank?
Woodlands National Bank's primary federal regulator is the OCC.
What is Woodlands National Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 23.71% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Woodlands National Bank operate?
It operates 7 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Woodlands National Bank's Texas Ratio?
Its Texas Ratio is 6.07% 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 Woodlands National Bank previously called?
The charter now named Woodlands National Bank has also operated as Rural American Bank - Hinckley (1989-1999), per FDIC structure-change records.
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