Park State Bank: Call Report & UBPR Financial Data
Data as of · sourced from FFIEC call reports. How we update
Headquartered in Duluth, Park State Bank serves the Minnesota market as a community-focused commercial bank. On its most recent Q2 2026 call report, Park State reported $1.5B in total assets against $1.2B in deposits. Earnings are mid-range, 1.17% ROA and a 3.31% net interest margin. Capital is comfortably above regulatory requirements, CET1 ratio of 14.94% sits well above the 7% level required once the capital conservation buffer is included. Asset quality is solid, 1.03% nonperforming loans and a 6.42% Texas Ratio. Its footprint covers 17 branches concentrated in Minnesota.
As of June 30, 2026, Park State Bank reported a CET1 capital ratio of 14.94%, a return on assets of 1.17%, a nonperforming-loan ratio of 1.03%, a Texas ratio of 6.42%, per financial data filed with the FFIEC.
Headquarters Profile
- Address
- 2630 W Superior St, Duluth, MN 55806
- County
- St. Louis
- Metro Area
- Duluth, MN-WI
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- June 28, 1916
- Offices
- 17 domestic
- Employees (FTE)
- 158
- Domestic deposits
- $1.21B
- Allowance for credit losses
- $9.5M
- Net charge-offs (YTD)
- $2.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 8851
- Fed RSSD
- 286457
- SEC CIK
- 1808433 → filed by PARK FINANCIAL GROUP, INC.
- Website
- www.parkstatebank.com →
- Parent Holding Company
- PARK FINANCIAL GROUP, INC. (RSSD 4792022)
Profitability
Capital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
The quarter's own net income, as filed. It needs no adjustment because the filing does not accumulate it through the year.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Park State Bank terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Park State Bank, freePark State Bank rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.94% | 1.17% | 1.03% | 6.42% | 3.31% |
| Q1 2026 | 14.77% | 1.42% | 1.07% | 6.96% | 3.30% |
| Q4 2025 | 14.73% | 1.76% | 0.68% | 4.32% | 3.36% |
| Q3 2025 | 16.09% | 1.43% | 0.50% | 2.93% | 3.36% |
| Q2 2025 | 15.89% | 1.38% | 0.20% | 1.16% | 3.23% |
| Q1 2025 | 15.13% | 1.21% | 0.22% | 1.37% | 3.21% |
| Q4 2024 | 14.42% | 1.28% | 0.29% | 1.88% | 2.99% |
| Q3 2024 | 13.96% | 1.02% | 0.29% | 2.59% | 3.10% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, mapped, and listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 18 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Park State Bank (main office) | Duluth , MN | 55806 | $268.1M |
| Mountain IronExpressway Branch | Mountain Iron , MN | 55768 | $164.2M |
| Hibbing Downtown Branch | Hibbing , MN | 55746 | $109.0M |
| Minneapolis Branch | Minneapolis , MN | 55416 | $105.0M |
| Two Harbors Branch | Two Harbors , MN | 55616 | $102.6M |
| Grand Rapids South Branch | Grand Rapids , MN | 55744 | $87.8M |
| First National Bank Branch | Chisholm , MN | 55719 | $51.6M |
| Nashwauk Branch | Nashwauk , MN | 55769 | $49.1M |
| Hermantown Branch | Hermantown , MN | 55811 | $46.1M |
| Grand Rapids North Branch | Grand Rapids , MN | 55744 | $43.9M |
| Cook Branch | Cook , MN | 55723 | $40.0M |
| Silver Bay Branch | Silver Bay , MN | 55614 | $30.0M |
| Chisholm Branch | Chisholm , MN | 55719 | $27.8M |
| West Duluth Branch | Duluth , MN | 55807 | $26.5M |
| Orr Branch | Orr , MN | 55771 | $24.4M |
| Biwabik Branch | Biwabik , MN | 55708 | $16.7M |
| Mt Royal Branch | Duluth , MN | 55803 | $12.8M |
| Chisholm Branch | Chisholm , MN | 55719 | $0 |
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 6, 2025 | Structure Change | Acquired First National Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 5, 2025 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 22, 2021 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 22, 2021 | Structure Change | Acquired American Bank of the North Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 28, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 28, 2018 | Structure Change | Acquired The Pioneer National Bank of Duluth 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 6 events.
Regulatory record
What the public regulatory sources show for Park State Bank, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.4% of deposits in MN, rank 20 of 279 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 356 applications, 250 loans originated, $66.4M originated, across 4 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about Park State Bank
What are Park State Bank's total assets?
As of the Q2 2026 filing, Park State Bank reported total assets of $1.49 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Park State Bank headquartered?
Park State Bank is headquartered in Duluth, MN, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.
When was Park State Bank founded?
Park State Bank was established in 1916, per the FDIC institution directory.
Is Park State Bank FDIC-insured?
Yes. Park State Bank is an FDIC-insured commercial bank (FDIC Certificate #8851). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Park State Bank?
Park State Bank's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Park State Bank's CET1 capital ratio?
Park State Bank reported a Common Equity Tier 1 (CET1) capital ratio of 14.94% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Park State Bank operate?
Park State Bank operates 17 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Park State Bank's Texas Ratio?
Park State Bank's Texas Ratio is 6.42% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
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