Asset Quality ranking · Minnesota · Call report data as of September 30, 2026
Minnesota Banks: Highest CRE Delinquency
Foresight Bank has the highest commercial real estate noncurrent rate of the 120 ranked banks headquartered in Minnesota, at 11.36% as of September 30, 2026. The median among the 120 ranked Minnesota banks is 0.22%, against 0.19% for all US banks. That top value sits far outside the middle half of ranked banks (0.00% to 1.65%). A rate this far from the middle usually comes from a few large problem loans or from lending to borrowers with lower credit scores, so read it beside the bank's dollar amounts and its trend.
This list ranks Minnesota banks by commercial real estate noncurrent rate. For the largest banks headquartered in Minnesota, see largest banks in Minnesota.
- No. 1 in Minnesota
- Foresight Bank
- Its CRE noncurrent
- 11.36%
- Minnesota median
- 0.22%
- Banks ranked
- 120
Ranked among banks headquartered in Minnesota, numbered 1 to 100 within the state from the same population as the national list. Browse every bank in the Minnesota bank directory.
Top 100 Minnesota banks by commercial real estate noncurrent rate
Highest first. Select a column heading to sort. The gap column shows each bank's distance from the Minnesota median of 0.22%. Missing values show as a dash and sort last.
| 1 | Foresight Bank Plainview, MN | 11.36% | $429.6M $100M to $1B |
| 2 | United Community Bank Perham, MN | 10.28% | $358.2M $100M to $1B |
| 3 | Stearns Bank N.A. Saint Cloud, MN | 9.12% | $3.26B $1B to $10B |
| 4 | Harvest Bank Kimball, MN | 5.41% | $352.9M $100M to $1B |
| 5 | Community Bank Mankato Vernon Center, MN | 4.70% | $536.7M $100M to $1B |
| 6 | Drake Bank Saint Paul, MN | 4.05% | $231.9M $100M to $1B |
| 7 | Minnesota Lakes Bank Delano, MN | 3.97% | $129.3M $100M to $1B |
| 8 | Farmers and Merchants State Bank of Pierz Pierz, MN | 3.46% | $339.9M $100M to $1B |
| 9 | Peoples State Bank of Plainview Plainview, MN | 3.26% | $421.6M $100M to $1B |
| 10 | Midcountry Bank Bloomington, MN | 3.18% | $1.09B $1B to $10B |
| 11 | Northwestern Bank, N.A. Dilworth, MN | 3.04% | $163.9M $100M to $1B |
| 12 | Security State Bank of Aitkin Aitkin, MN | 3.02% | $119.0M $100M to $1B |
| 13 | The Citizens National Bank of Park Rapids Park Rapids, MN | 2.98% | $402.6M $100M to $1B |
| 14 | Community Resource Bank Northfield, MN | 2.75% | $555.7M $100M to $1B |
| 15 | First National Bank Minnesota Saint Peter, MN | 2.58% | $434.1M $100M to $1B |
| 16 | Lake Elmo Bank Lake Elmo, MN | 2.56% | $545.7M $100M to $1B |
| 17 | Northview Bank Sandstone, MN | 2.47% | $485.2M $100M to $1B |
| 18 | Granite Bank Cold Spring, MN | 2.45% | $375.6M $100M to $1B |
| 19 | Citizens Alliance Bank Clara City, MN | 2.43% | $1.49B $1B to $10B |
| 20 | American National Bank of Minnesota Baxter, MN | 2.35% | $481.0M $100M to $1B |
| 21 | Key Community Bank Inver Grove Heights, MN | 2.16% | $128.7M $100M to $1B |
| 22 | Vermillion State Bank Vermillion, MN | 2.09% | $943.2M $100M to $1B |
| 23 | Highland Bank Saint Paul, MN | 2.06% | $756.3M $100M to $1B |
| 24 | Union Bank and Trust Company Minneapolis, MN | 2.04% | $292.5M $100M to $1B |
| 25 | Woodland Bank Deer River, MN | 1.97% | $184.8M $100M to $1B |
| 26 | Frandsen Bank & Trust Lonsdale, MN | 1.91% | $3.64B $1B to $10B |
| 27 | Crown Bank Edina, MN | 1.85% | $408.3M $100M to $1B |
| 28 | Visionbank Saint Louis Park, MN | 1.82% | $262.9M $100M to $1B |
| 29 | Luminate Bank Minneapolis, MN | 1.77% | $609.5M $100M to $1B |
| 30 | MY Kind of Bank, N.A. Ottertail, MN | 1.73% | $426.5M $100M to $1B |
| 31 | Minnstar Bank N.A. Lake Crystal, MN | 1.62% | $208.6M $100M to $1B |
| 32 | Security State Bank of Hibbing Hibbing, MN | 1.49% | $151.9M $100M to $1B |
| 33 | Bankvista Sartell, MN | 1.37% | $658.6M $100M to $1B |
| 34 | Woodlands National Bank Hinckley, MN | 1.33% | $354.3M $100M to $1B |
| 35 | North Star Bank Roseville, MN | 1.26% | $381.7M $100M to $1B |
| 36 | Pine River State Bank Pine River, MN | 1.18% | $191.4M $100M to $1B |
| 37 | Glenwood State Bank (Incorporated) Glenwood, MN | 1.16% | $548.6M $100M to $1B |
| 38 | Heritage Bank, N.A. Spicer, MN | 1.15% | $355.1M $100M to $1B |
| 39 | The First National Bank of Bemidji Bemidji, MN | 1.11% | $1.07B $1B to $10B |
| 40 | United Bankers' Bank Richfield, MN | 1.07% | $1.20B $1B to $10B |
| 41 | Northern State Bank of Thief River Falls Thief River Falls, MN | 0.94% | $504.3M $100M to $1B |
| 42 | North American Banking Company Roseville, MN | 0.91% | $1.39B $1B to $10B |
| 43 | Merchants Bank, N.A. Winona, MN | 0.90% | $2.89B $1B to $10B |
| 44 | Security Bank USA Bemidji, MN | 0.89% | $267.3M $100M to $1B |
| 45 | Hometown Community Bank Cyrus, MN | 0.87% | $110.0M $100M to $1B |
| 46 | Bridgewater Bank Saint Louis Park, MN | 0.80% | $5.61B $1B to $10B |
| 47 | Americana Community Bank Sleepy Eye, MN | 0.63% | $186.9M $100M to $1B |
| 48 | First Bank Elk River Elk River, MN | 0.61% | $356.0M $100M to $1B |
| 49 | Sterling State Bank Austin, MN | 0.57% | $474.8M $100M to $1B |
| 50 | Lakeview Bank Lakeville, MN | 0.52% | $218.1M $100M to $1B |
| 51 | Deerwood Bank Waite Park, MN | 0.51% | $1.50B $1B to $10B |
| 52 | Park State Bank Duluth, MN | 0.46% | $1.46B $1B to $10B |
| 53 | Ultima Bank Minnesota Winger, MN | 0.42% | $346.5M $100M to $1B |
| 54 | Reliance Bank Faribault, MN | 0.42% | $347.9M $100M to $1B |
| 55 | Village Bank Saint Francis, MN | 0.37% | $438.1M $100M to $1B |
| 56 | Cornerstone State Bank Montgomery, MN | 0.37% | $247.0M $100M to $1B |
| 57 | Star Bank Maple Lake, MN | 0.35% | $437.7M $100M to $1B |
| 58 | Minnwest Bank Redwood Falls, MN | 0.32% | $2.94B $1B to $10B |
| 59 | Citizens Bank & Trust Co., Hutchinson, Minn. Hutchinson, MN | 0.24% | $315.1M $100M to $1B |
| 60 | Hometown Bank Carver, MN | 0.22% | $709.8M $100M to $1B |
| 61 | Northeast Bank Minneapolis, MN | 0.21% | $846.1M $100M to $1B |
| 62 | United Prairie Bank Mountain Lake, MN | 0.14% | $929.8M $100M to $1B |
| 63 | First Resource Bank Wayzata, MN | 0.11% | $1.12B $1B to $10B |
| 64 | Midwest Bank Detroit Lakes, MN | 0.10% | $980.2M $100M to $1B |
| 65 | 21st Century Bank Loretto, MN | 0.10% | $895.7M $100M to $1B |
| 66 | First Independent Bank Russell, MN | 0.08% | $645.9M $100M to $1B |
| 67 | Alliance Bank Lake City, MN | 0.05% | $765.6M $100M to $1B |
| 68 | Security Bank & Trust Company Glencoe, MN | 0.03% | $1.33B $1B to $10B |
| 69 | WNB Financial, N.A. Winona, MN | 0.01% | $571.3M $100M to $1B |
| 70 | Prinsbank Prinsburg, MN | 0.00% | $304.1M $100M to $1B |
| 71 | Tradition Capital Bank Wayzata, MN | 0.00% | $2.70B $1B to $10B |
| 72 | Think Mutual Bank Rochester, MN | 0.00% | $2.23B $1B to $10B |
| 73 | Premier Bank Maplewood, MN | 0.00% | $1.20B $1B to $10B |
| 74 | Falcon National Bank Foley, MN | 0.00% | $896.2M $100M to $1B |
| 75 | First National Bank North Walker, MN | 0.00% | $889.6M $100M to $1B |
| 76 | Pioneer Bank Mapleton, MN | 0.00% | $871.5M $100M to $1B |
| 77 | Platinum Bank Oakdale, MN | 0.00% | $728.8M $100M to $1B |
| 78 | FM Bank Waseca, MN | 0.00% | $722.1M $100M to $1B |
| 79 | The Bank of Elk River Elk River, MN | 0.00% | $707.6M $100M to $1B |
| 80 | Premier Bank Minnesota Hastings, MN | 0.00% | $705.4M $100M to $1B |
| 81 | North Shore Bank of Commerce Duluth, MN | 0.00% | $616.0M $100M to $1B |
| 82 | American Heritage National Bank Long Prairie, MN | 0.00% | $612.1M $100M to $1B |
| 83 | Entrebank Bloomington, MN | 0.00% | $609.7M $100M to $1B |
| 84 | Scale Bank Edina, MN | 0.00% | $596.0M $100M to $1B |
| 85 | Citizens Bank Minnesota New Ulm, MN | 0.00% | $578.9M $100M to $1B |
| 86 | Eagle Rock Bank Rochester, MN | 0.00% | $518.0M $100M to $1B |
| 87 | Profinium, Inc. Truman, MN | 0.00% | $507.9M $100M to $1B |
| 88 | First Farmers & Merchants Bank Cannon Falls, MN | 0.00% | $492.9M $100M to $1B |
| 89 | First State Bank and Trust Bayport, MN | 0.00% | $478.7M $100M to $1B |
| 90 | Kensington Bank Kensington, MN | 0.00% | $456.2M $100M to $1B |
| 91 | Bankcherokee Saint Paul, MN | 0.00% | $429.3M $100M to $1B |
| 92 | Sentry Bank Saint Joseph, MN | 0.00% | $406.7M $100M to $1B |
| 93 | First State Bank Southwest Pipestone, MN | 0.00% | $394.1M $100M to $1B |
| 94 | Pine Country Bank Little Falls, MN | 0.00% | $383.1M $100M to $1B |
| 95 | Sherburne Bank Becker, MN | 0.00% | $369.4M $100M to $1B |
| 96 | Viking Bank, N.A. Alexandria, MN | 0.00% | $342.3M $100M to $1B |
| 97 | The State Bank of Faribault Faribault, MN | 0.00% | $325.6M $100M to $1B |
| 98 | Neighborhood National Bank Mora, MN | 0.00% | $315.0M $100M to $1B |
| 99 | Gateway Bank Mendota Heights, MN | 0.00% | $313.6M $100M to $1B |
| 100 | Citizens Independent Bank Saint Louis Park, MN | 0.00% | $302.7M $100M to $1B |
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Definition and formula
The commercial real estate (CRE) noncurrent rate on this list is the share of a bank's loans secured by nonfarm nonresidential property, such as offices, stores, warehouses and hotels, that are on nonaccrual or 90 or more days past due and still accruing. Owner-occupied and investor-owned property are both included. Multifamily and construction loans are reported on their own lines of the call report and are not.
CRE noncurrent rate = (Nonfarm nonresidential loans on nonaccrual + Nonfarm nonresidential loans 90+ days past due and still accruing) / Nonfarm nonresidential loans
The glossary entry for Commercial Real Estate Loans explains each term, the call report items behind it and a worked example.
Which banks are ranked
This list ranks the 120 banks headquartered in Minnesota that meet every rule below, using each bank's latest FFIEC call report (data as of September 30, 2026).
- Banks with at least $100M in total assets, so a ratio on a very small balance sheet cannot lead the list.
- Banks with at least $25M in nonfarm nonresidential (commercial property) loans, so a rate on a few loans cannot lead the list.
- Lending institutions only: charters with loans under 5% of assets, mostly trust and custody banks, are not ranked.
- Charters the regulator has closed, merged or converted are excluded.
- Each bank charter ranks on its own; holding companies are not combined.
What moves the CRE noncurrent rate
The rate rises when tenants leave or rents fall far enough that a property's income no longer covers its loan payments, as has happened to many office buildings since 2020, and when a maturing loan cannot be refinanced at current rates. Owner-occupied loans depend more on the borrower's business than on the building, so a bank whose book is mostly owner-occupied tends to run a lower rate. A single large loan can move a small bank's rate by several points, so compare it with the dollar amounts and the trend.
Frequently asked questions
Which bank in Minnesota has the highest commercial real estate noncurrent rate?
Foresight Bank has the highest commercial real estate noncurrent rate of the 120 ranked banks headquartered in Minnesota, at 11.36% as of September 30, 2026, according to its FFIEC call report. United Community Bank ranks second at 10.28%. The median is 0.22%.
What is the median CRE noncurrent rate among ranked US banks?
As of Q3 2026, CRE noncurrent rate for the middle half of the 2,776 ranked US banks ran from 0.00% to 1.05%, and the median was 0.19%. Compare a bank with peers of the same size and business model rather than with the top of this list. See the Commercial Real Estate Loans glossary entry.
How is the CRE noncurrent rate calculated?
CRE noncurrent rate = (Nonfarm nonresidential loans on nonaccrual + Nonfarm nonresidential loans 90+ days past due and still accruing) / Nonfarm nonresidential loans. Each bank charter is ranked on its own; holding companies are not combined. See the Commercial Real Estate Loans glossary entry.
The same ranking in other states
Other Minnesota rankings
More asset quality rankings
Source: FFIEC call reports for the quarter ended September 30, 2026, refreshed as each quarter's filings are processed. See data updates for the current freshness window. Next update: Q4 2026 Call Reports are due February 1, 2027; we expect them on the platform by mid-February 2027.
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