BlastPoint

BlastPoint's Banking Scorecard

First State Bank Minnesota

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

Le Roy, MN

2 branches across MN

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 151 in MN.
  • Deposits +8.2% year over year ($92.5M on the books).
  • Delinquency rate 0.82%.
  • Return on assets 1.94%.
  • Efficiency ratio 51.52% vs a 64.48% peer average.
  • Loan-to-deposit ratio 92.72% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 151 in MN
View $100M-$1B leaderboard (MN) →

First State Bank Minnesota has 4 strengths but faces 2 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 34.5% in tier
  • + Deposit Franchise: Top 73.7% in tier
  • + Efficiency Ratio 12.96% below tier average
  • + Delinquency Rate 0.10% below tier average

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 45.3% in tier
  • - Non-Interest Income / Assets 0.51% below tier average
Get updates when First State Bank Minnesota releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $105.9M
+8.3% YoY +0.7% QoQ
-$280.6M $386.6M
+1.2% YoY
$524.5M
+5.8% YoY
$6.3B
+7.7% YoY
Bottom 1.5% in tier
Total Loans ? $85.8M
+9.5% YoY +2.5% QoQ
-$172.6M $258.3M
+1.7% YoY
$300.2M
+7.3% YoY
$3.2B
+9.4% YoY
Bottom 12.8% in tier
Total Deposits ? $92.5M
+8.2% YoY +0.3% QoQ
-$234.2M $326.7M
+0.7% YoY
$452.1M
+5.5% YoY
$4.9B
+7.3% YoY
Bottom 3.4% in tier
Return on Assets ? 1.94%
+24.5% YoY +6.5% QoQ
+0.62% 1.32%
+10.8% YoY
1.26%
+17.2% YoY
1.30%
+12.1% YoY
Top 14.6% in tier
Net Interest Margin ? 4.63%
+9.9% YoY +1.7% QoQ
+0.64% 3.99%
+5.0% YoY
4.00%
+6.8% YoY
3.95%
+4.9% YoY
83%
Efficiency Ratio ? 51.52%
-10.7% YoY -0.8% QoQ
-12.96% 64.48%
-3.2% YoY
63.00%
-3.5% YoY
70.05%
+2.5% YoY
80%
Delinquency Rate ? 0.82%
-6.0% YoY -54.7% QoQ
-0.10% 0.92%
+15.7% YoY
1.01%
+19.3% YoY
0.98%
+16.3% YoY
33%
Loan-to-Deposit Ratio ? 92.72%
+1.2% YoY +2.2% QoQ
+14.77% 77.95%
+1.0% YoY
78.29%
-0.6% YoY
79.03%
+2.3% YoY
21%
Non-Interest-Bearing Deposit Share ? 33.51%
+11.2% YoY -7.0% QoQ
+11.48% 22.03%
-0.6% YoY
21.79%
+0.9% YoY
21.98%
-0.6% YoY
Top 11.5% in tier
Nonperforming Asset Ratio ? 0.66%
-5.0% YoY -53.9% QoQ
-0.01% 0.67%
+16.4% YoY
0.76%
+16.9% YoY
0.69%
+15.8% YoY
32%
Tier 1 Capital Ratio ? 11.43%
+3.6% YoY +0.5% QoQ
-4.48% 15.91%
+1.4% YoY
15.35%
-0.4% YoY
17.09%
+0.8% YoY
28%
Non-Interest Income / Assets ? 0.06%
+2.0% YoY +131.7% QoQ
-0.51% 0.57%
+7.6% YoY
0.31%
+3.9% YoY
0.66%
+5.2% YoY
Bottom 7.5% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Noninterest-Bearing 33.5%
+3.4pp YoY
-2.5pp QoQ
 +11.4pp 22.1% 21.9% 22.2% 88%
Brokered Deposits 3.3%
-4.4pp YoY
-1.1pp QoQ
 -4.5pp 7.9% 8.3% 8.5% 40%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
C&I 8.3%
+1.3pp YoY
+2.6pp QoQ
 -3.3pp 11.6% 14.6% 12.5% 42%
CRE n/a n/a 39.5% 36.5% 41.4% n/a
1-4 Family 8.7%
+0.1pp YoY
-0.6pp QoQ
 -23.9pp 32.6% 29.4% 31.3% 9%
Consumer 1.9%
-0.1pp YoY
-0.1pp QoQ
 -2.2pp 4.1% 4.5% 5.0% 46%

Capital

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
CET1 Ratio n/a n/a 18.8% 16.5% 19.7% n/a
Leverage Ratio 11.4%
+0.4pp YoY
+0.1pp QoQ
 -0.7pp 12.2% 11.0% 12.6% 57%
Total Capital Ratio n/a n/a 19.9% 17.6% 20.8% n/a

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Full-Time Employees 13
0 YoY
-1 (-7.1%) QoQ
 -46 58 55 482 2%
Assets per Employee ($) $8.1M
+8.3% YoY
+8.4% QoQ
 +$630K $7.5M $8.6M $8.8M 70%
Branch Count 2
0 YoY
0 QoQ
 -3 4 4 18 11%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Past Due 90+ Days 0.4%
+0.1pp YoY
-1.0pp QoQ
 +0.1pp 0.3% 0.4% 0.4% 79%
Nonaccrual 0.4%
-0.2pp YoY
0.0pp QoQ
 -0.5pp 0.9% 1.0% 1.0% 47%
Allowance Coverage 1.78x
-1.0% YoY
+117.2% QoQ
 -22.37x 24.15x 20.41x 20.23x 44%
Net Charge-off Rate (YTD) -0.0%
+0.5pp YoY
0.0pp QoQ
 -0.2pp 0.1% 0.2% 0.2% 8%

Profitability

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
ROE 17.6%
+3.3pp YoY
+0.8pp QoQ
 +5.4pp 12.2% 13.1% 11.6% 80%
Cost of Funds (YTD) 1.1%
-0.2pp YoY
0.0pp QoQ
 -0.7pp 1.7% 1.7% 1.7% 12%
Net Income ($, YTD) $1.0M
+35.7% YoY
— QoQ
 -$1.5M $2.6M $4.5M $40.4M 28%

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
#229 of 661 • Top 34.5% in tier

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

Why this signature
Return on Assets: 1.94%
(Tier: 1.32%, National: 1.30%)
better than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable | QoQ rank improving

Deposit Franchise

growth
#206 of 278 • Top 73.7% 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: 33.51%
(Tier: 22.03%, National: 21.98%)
better than tier avg
Net Interest Margin: 4.63%
(Tier: 3.99%, National: 3.95%)
better than tier avg
278 of 278 Community banks match · 368 nationally
→ Stable -1 banks QoQ | QoQ rank declining

Concerns (1)

Liquidity Strain

risk
#314 of 691 • Bottom 45.3% 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: 92.72%
(Tier: 77.95%, National: 79.03%)
worse than tier avg
691 of 691 Community banks match · 1092 nationally
→ Stable +81 banks QoQ | QoQ rank declining

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 2643 peers in $100M-$1B

Top Strengths (4 metrics)

304
Non-Interest-Bearing Deposit Share
funding
Value: 33.51%
Peer Median: 22.03%
#304 of 2643 Top 11.5% in $100M-$1B
386
Return on Assets
profitability
Value: 1.94%
Peer Median: 1.32%
#386 of 2643 Top 14.6% in $100M-$1B
439
Net Interest Margin
profitability
Value: 4.63%
Peer Median: 3.99%
#439 of 2643 Top 16.6% in $100M-$1B
529
Efficiency Ratio
profitability
Value: 51.52%
Peer Median: 64.48%
#529 of 2643 Top 20.0% in $100M-$1B

Top Weaknesses (5 metrics)

2604
Total Assets
size
Value: $105.93M
Peer Median: $386.57M
#2604 of 2643 Bottom 1.5% in $100M-$1B
2555
Total Deposits
size
Value: $92.49M
Peer Median: $326.73M
#2555 of 2643 Bottom 3.4% in $100M-$1B
2447
Non-Interest Income / Assets
revenue_mix
Value: 0.06%
Peer Median: 0.57%
#2447 of 2643 Bottom 7.5% in $100M-$1B
2307
Total Loans
size
Value: $85.76M
Peer Median: $258.35M
#2307 of 2643 Bottom 12.8% in $100M-$1B
2093
Loan-to-Deposit Ratio
liquidity
Value: 92.72%
Peer Median: 77.95%
#2093 of 2643 Bottom 20.8% in $100M-$1B
Powered by BlastPoint © 2026