BlastPoint's Banking Scorecard
First Bank Elk River
Elk River, MN
4 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 -1.0% year over year ($269.9M on the books).
- Delinquency rate 0.53%.
- Return on assets 0.57%.
- Efficiency ratio 78.49% vs a 64.48% peer average.
- Loan-to-deposit ratio 100.83% vs a 77.95% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
First Bank Elk River has 1 strength but faces 8 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Delinquency Rate 0.39% below tier average
Key Concerns
Areas that may need attention
- - Credit Risk Growth: Bottom 24.6% in tier
- - Flatlined Growth: Bottom 28.0% in tier
- - Capital Thin: Bottom 32.8% in tier
- - Liquidity Strain: Bottom 44.0% in tier
- - Credit Quality Pressure: Bottom 47.5% in tier
- - ROA 0.75% below tier average
- - Net Interest Margin 0.46% below tier average
- - Efficiency Ratio 14.01% above tier average
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$369.2M
+2.0% YoY
+1.9% QoQ
|
-$17.4M |
$386.6M
+1.2% YoY
|
$524.5M
+5.8% YoY
|
$6.3B
+7.7% YoY
|
57% |
| Total Loans ? |
$272.2M
+3.3% YoY
+2.3% QoQ
|
+$13.8M |
$258.3M
+1.7% YoY
|
$300.2M
+7.3% YoY
|
$3.2B
+9.4% YoY
|
62% |
| Total Deposits ? |
$269.9M
-1.0% YoY
-0.8% QoQ
|
-$56.8M |
$326.7M
+0.7% YoY
|
$452.1M
+5.5% YoY
|
$4.9B
+7.3% YoY
|
49% |
| Return on Assets ? |
0.57%
+11.9% YoY
+22.2% QoQ
|
-0.75% |
1.32%
+10.8% YoY
|
1.26%
+17.2% YoY
|
1.30%
+12.1% YoY
|
Bottom 14.2% in tier |
| Net Interest Margin ? |
3.53%
+13.4% YoY
+1.8% QoQ
|
-0.46% |
3.99%
+5.0% YoY
|
4.00%
+6.8% YoY
|
3.95%
+4.9% YoY
|
29% |
| Efficiency Ratio ? |
78.49%
+0.3% YoY
-4.3% QoQ
|
+14.01% |
64.48%
-3.2% YoY
|
63.00%
-3.5% YoY
|
70.05%
+2.5% YoY
|
16% |
| Delinquency Rate ? |
0.53%
+165.4% YoY
-2.5% QoQ
|
-0.39% |
0.92%
+15.7% YoY
|
1.01%
+19.3% YoY
|
0.98%
+16.3% YoY
|
45% |
| Loan-to-Deposit Ratio ? |
100.83%
+4.4% YoY
+3.1% QoQ
|
+22.88% |
77.95%
+1.0% YoY
|
78.29%
-0.6% YoY
|
79.03%
+2.3% YoY
|
Bottom 9.0% in tier |
| Non-Interest-Bearing Deposit Share ? |
30.14%
+0.2% YoY
+4.3% QoQ
|
+8.11% |
22.03%
-0.6% YoY
|
21.79%
+0.9% YoY
|
21.98%
-0.6% YoY
|
82% |
| Nonperforming Asset Ratio ? |
0.39%
+168.8% YoY
-2.1% QoQ
|
-0.28% |
0.67%
+16.4% YoY
|
0.76%
+16.9% YoY
|
0.69%
+15.8% YoY
|
45% |
| Tier 1 Capital Ratio ? |
10.68%
+12.1% YoY
+2.1% QoQ
|
-5.23% |
15.91%
+1.4% YoY
|
15.35%
-0.4% YoY
|
17.09%
+0.8% YoY
|
19% |
| Non-Interest Income / Assets ? |
0.21%
-9.6% YoY
+113.4% QoQ
|
-0.36% |
0.57%
+7.6% YoY
|
0.31%
+3.9% YoY
|
0.66%
+5.2% YoY
|
53% |
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
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 |
30.1%
+0.1pp YoY +1.2pp QoQ |
+8.0pp | 22.1% | 21.9% | 22.2% | 82% |
| Brokered Deposits |
7.6%
+1.8pp YoY -1.8pp QoQ |
-0.3pp | 7.9% | 8.3% | 8.5% | 67% |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I |
16.5%
+2.1pp YoY +2.8pp QoQ |
+5.0pp | 11.6% | 14.6% | 12.5% | 81% |
| CRE |
71.0%
-3.6pp YoY -2.3pp QoQ |
+31.5pp | 39.5% | 36.5% | 41.4% | 94% |
| 1-4 Family |
10.6%
+2.5pp YoY -0.2pp QoQ |
-22.0pp | 32.6% | 29.4% | 31.3% | 12% |
| Consumer |
2.1%
-1.0pp YoY -0.2pp QoQ |
-2.0pp | 4.1% | 4.5% | 5.0% | 50% |
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 |
10.7%
+1.2pp YoY +0.2pp QoQ |
-1.5pp | 12.2% | 11.0% | 12.6% | 44% |
| 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 |
44
-2 (-4.3%) YoY 0 QoQ |
-15 | 58 | 55 | 482 | 46% |
| Assets per Employee ($) |
$8.4M
+6.6% YoY +1.9% QoQ |
+$873K | $7.5M | $8.6M | $8.8M | 73% |
| Branch Count |
4
0 YoY 0 QoQ |
-1 | 4 | 4 | 18 | 42% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days |
0.2%
0.0pp YoY 0.0pp QoQ |
-0.2pp | 0.3% | 0.4% | 0.4% | 61% |
| Nonaccrual |
0.4%
+0.3pp YoY 0.0pp QoQ |
-0.6pp | 0.9% | 1.0% | 1.0% | 44% |
| Allowance Coverage |
1.79x
-63.2% YoY +2.0% QoQ |
-22.36x | 24.15x | 20.41x | 20.23x | 44% |
| Net Charge-off Rate (YTD) |
-0.0%
0.0pp YoY 0.0pp QoQ |
-0.1pp | 0.1% | 0.2% | 0.2% | 23% |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
6.7%
-0.6pp YoY +1.2pp QoQ |
-5.5pp | 12.2% | 13.1% | 11.6% | 20% |
| Cost of Funds (YTD) |
1.5%
-0.2pp YoY 0.0pp QoQ |
-0.2pp | 1.7% | 1.7% | 1.7% | 36% |
| Net Income ($, YTD) |
$1.0M
+13.3% YoY — QoQ |
-$1.5M | $2.6M | $4.5M | $40.4M | 28% |
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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 (0)
Concerns (5)
Credit Risk Growth
riskLoan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.
Flatlined Growth
riskAsset growth stalled (-2% to +2% YoY) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.
Capital Thin
riskTier 1 capital ratio in the bottom quartile of peers. Capital cushion thin relative to peers - regulator-watching cohort.
Liquidity Strain
riskLoan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.
Credit Quality Pressure
riskDelinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.