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First State Bank Minnesota

$100M-$1B Specialty: Agricultural MN FDIC cert 10162

Le Roy, MN

2 branches across MN

2664 banks in the $100M-$1B peer group nationally 152 in MN
View $100M-$1B leaderboard (MN) →

First State Bank Minnesota has 3 strengths but faces 3 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Profitability Leader: Top 43.7% in tier
  • + Deposit Franchise: Top 62.9% in tier
  • + Efficiency Ratio 13.33% below tier average

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 30.5% in tier
  • - Non-Interest Income / Assets 0.25% below tier average
  • - Delinquency Rate 0.92% above tier average
Get updates when First State Bank Minnesota releases new data →

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $105.2M
+8.8% YoY -3.8% QoQ
-$280.9M $386.1M
+0.5% YoY
$512.9M
+5.5% YoY
$6.2B
+9.1% YoY
Bottom 1.8% in tier
Total Loans ? $83.7M
+7.9% YoY +4.5% QoQ
-$172.1M $255.7M
+1.1% YoY
$288.3M
+6.9% YoY
$3.2B
+10.8% YoY
Bottom 12.8% in tier
Total Deposits ? $92.2M
+8.8% YoY -4.3% QoQ
-$235.7M $328.0M
+0.1% YoY
$443.8M
+5.0% YoY
$4.8B
+8.2% YoY
Bottom 3.3% in tier
Return on Assets ? 1.82%
+30.0% YoY +9.6% QoQ
+0.55% 1.27%
+12.9% YoY
1.13%
+10.7% YoY
1.23%
+13.4% YoY
82%
Net Interest Margin ? 4.55%
+8.7% YoY +6.6% QoQ
+0.62% 3.93%
+6.0% YoY
3.93%
+7.5% YoY
3.89%
+5.7% YoY
84%
Efficiency Ratio ? 51.95%
-12.3% YoY -6.2% QoQ
-13.33% 65.29%
-4.5% YoY
64.77%
-3.3% YoY
66.95%
-4.1% YoY
80%
Delinquency Rate ? 1.80%
+119.5% YoY +75.5% QoQ
+0.92% 0.89%
+18.8% YoY
1.04%
+28.9% YoY
0.95%
+18.8% YoY
Bottom 14.6% in tier
Loan-to-Deposit Ratio ? 90.71%
-0.9% YoY +9.2% QoQ
+14.07% 76.64%
+0.8% YoY
76.69%
-0.4% YoY
76.70%
+0.9% YoY
23%
Non-Interest-Bearing Deposit Share ? 36.04%
+8.7% YoY -8.7% QoQ
+14.02% 22.02%
-1.0% YoY
21.87%
-0.9% YoY
22.01%
-1.2% YoY
Top 8.8% in tier
Nonperforming Asset Ratio ? 1.43%
+117.5% YoY +90.7% QoQ
+0.80% 0.64%
+19.7% YoY
0.77%
+27.1% YoY
0.67%
+19.3% YoY
Bottom 12.3% in tier
Tier 1 Capital Ratio ? 11.37%
+5.9% YoY +6.7% QoQ
-4.46% 15.83%
+1.5% YoY
15.37%
+0.7% YoY
17.06%
+0.8% YoY
28%
Non-Interest Income / Assets ? 0.03%
+3.4% YoY -78.6% QoQ
-0.25% 0.28%
+9.3% YoY
0.16%
+5.0% YoY
0.32%
+4.1% YoY
Bottom 6.2% in tier

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (2)

Profitability Leader

growth
#292 of 666 • Top 43.7% in tier

Top-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.

Why this signature
Return on Assets: 1.82%
(Tier: 1.27%, National: 1.23%)
better than tier avg
666 of 666 Community banks match · 926 nationally
→ Stable +3 banks QoQ | QoQ rank improving

Deposit Franchise

growth
#172 of 272 • Top 62.9% in tier

Top-quartile non-interest-bearing deposits AND top-quartile NIM. A premium deposit franchise translating into above-peer spread.

Why this signature
Noninterest-Bearing Deposit Share: 36.04%
(Tier: 22.02%, National: 22.01%)
better than tier avg
Net Interest Margin: 4.55%
(Tier: 3.93%, National: 3.89%)
better than tier avg
272 of 272 Community banks match · 369 nationally
→ Stable -14 banks QoQ

Concerns (1)

Liquidity Strain

risk
#197 of 643 • Bottom 30.5% in tier

Loan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.

Why this signature
Loan-to-Deposit Ratio: 90.71%
(Tier: 76.64%, National: 76.70%)
worse than tier avg
643 of 643 Community banks match · 1013 nationally
→ Stable -50 banks QoQ

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2664 peers in $100M-$1B

Top Strengths (4 metrics)

235
Non-Interest-Bearing Deposit Share
funding
Value: 36.04%
Peer Median: 22.02%
#235 of 2664 Top 8.8% in $100M-$1B
440
Net Interest Margin
profitability
Value: 4.55%
Peer Median: 3.93%
#440 of 2664 Top 16.5% in $100M-$1B
472
Return on Assets
profitability
Value: 1.82%
Peer Median: 1.27%
#472 of 2664 Top 17.7% in $100M-$1B
526
Efficiency Ratio
profitability
Value: 51.95%
Peer Median: 65.29%
#526 of 2664 Top 19.7% in $100M-$1B

Top Weaknesses (7 metrics)

2618
Total Assets
size
Value: $105.20M
Peer Median: $386.08M
#2618 of 2664 Bottom 1.8% in $100M-$1B
2576
Total Deposits
size
Value: $92.23M
Peer Median: $327.97M
#2576 of 2664 Bottom 3.3% in $100M-$1B
2499
Non-Interest Income / Assets
revenue_mix
Value: 0.03%
Peer Median: 0.28%
#2499 of 2664 Bottom 6.2% in $100M-$1B
2338
Nonperforming Asset Ratio
credit_quality
Value: 1.43%
Peer Median: 0.64%
#2338 of 2664 Bottom 12.3% in $100M-$1B
2325
Total Loans
size
Value: $83.65M
Peer Median: $255.72M
#2325 of 2664 Bottom 12.8% in $100M-$1B
2267
Delinquency Rate
credit_quality
Value: 1.80%
Peer Median: 0.89%
#2267 of 2654 Bottom 14.6% in $100M-$1B
2054
Loan-to-Deposit Ratio
liquidity
Value: 90.71%
Peer Median: 76.64%
#2054 of 2664 Bottom 22.9% in $100M-$1B
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