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Freeport State Bank

$100M-$1B Specialty: Agricultural MN FDIC cert 8210

Freeport, MN

3 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 -2.6% year over year ($147.9M on the books).
  • Delinquency rate 0.00%.
  • Return on assets 1.11%.
  • Efficiency ratio 64.44% vs a 64.48% peer average.
  • Loan-to-deposit ratio 76.64% 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) →

Freeport State Bank has 2 strengths but faces 5 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

  • + Credit Quality Leader: Top 25.6% in tier
  • + Net Interest Margin 0.41% above tier average

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 0.2% in tier
  • - Credit Risk Growth: Bottom 8.9% in tier
  • - Flatlined Growth: Bottom 23.2% in tier
  • - Non-Interest Income / Assets 0.51% below tier average
  • - ROA 0.22% below tier average
Get updates when Freeport State Bank releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $165.5M
-1.6% YoY -1.1% QoQ
-$221.1M $386.6M
+1.2% YoY
$524.5M
+5.8% YoY
$6.3B
+7.7% YoY
18%
Total Loans ? $113.4M
+4.5% YoY +2.4% QoQ
-$145.0M $258.3M
+1.7% YoY
$300.2M
+7.3% YoY
$3.2B
+9.4% YoY
23%
Total Deposits ? $147.9M
-2.6% YoY -1.2% QoQ
-$178.8M $326.7M
+0.7% YoY
$452.1M
+5.5% YoY
$4.9B
+7.3% YoY
21%
Return on Assets ? 1.11%
+6.2% YoY +7.5% QoQ
-0.22% 1.32%
+10.8% YoY
1.26%
+17.2% YoY
1.30%
+12.1% YoY
41%
Net Interest Margin ? 4.40%
+7.9% YoY +2.1% QoQ
+0.41% 3.99%
+5.0% YoY
4.00%
+6.8% YoY
3.95%
+4.9% YoY
75%
Efficiency Ratio ? 64.44%
+0.4% YoY -2.5% QoQ
-0.04% 64.48%
-3.2% YoY
63.00%
-3.5% YoY
70.05%
+2.5% YoY
44%
Delinquency Rate ? 0.00% -0.92% 0.92%
+15.7% YoY
1.01%
+19.3% YoY
0.98%
+16.3% YoY
Top 11.8% in tier
Loan-to-Deposit Ratio ? 76.64%
+7.3% YoY +3.7% QoQ
-1.31% 77.95%
+1.0% YoY
78.29%
-0.6% YoY
79.03%
+2.3% YoY
56%
Non-Interest-Bearing Deposit Share ? 22.97%
+9.7% YoY -0.9% QoQ
+0.94% 22.03%
-0.6% YoY
21.79%
+0.9% YoY
21.98%
-0.6% YoY
59%
Nonperforming Asset Ratio ? 0.00% -0.67% 0.67%
+16.4% YoY
0.76%
+16.9% YoY
0.69%
+15.8% YoY
Top 10.9% in tier
Tier 1 Capital Ratio ? 15.00%
+3.5% YoY -2.6% QoQ
-0.91% 15.91%
+1.4% YoY
15.35%
-0.4% YoY
17.09%
+0.8% YoY
66%
Non-Interest Income / Assets ? 0.06%
-0.4% YoY +216.3% QoQ
-0.51% 0.57%
+7.6% YoY
0.31%
+3.9% YoY
0.66%
+5.2% YoY
Bottom 7.2% 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 23.0%
+2.0pp YoY
-0.2pp QoQ
 +0.8pp 22.1% 21.9% 22.2% 59%
Brokered Deposits 0.3%
0.0pp YoY
0.0pp QoQ
 -7.5pp 7.9% 8.3% 8.5% 10%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
C&I 13.7%
-1.2pp YoY
-0.1pp QoQ
 +2.2pp 11.6% 14.6% 12.5% 71%
CRE n/a n/a 39.5% 36.5% 41.4% n/a
1-4 Family 23.3%
+3.0pp YoY
0.0pp QoQ
 -9.3pp 32.6% 29.4% 31.3% 37%
Consumer 3.5%
+0.3pp YoY
+0.4pp QoQ
 -0.6pp 4.1% 4.5% 5.0% 65%

Capital

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
CET1 Ratio 15.0%
+0.5pp YoY
-0.4pp QoQ
 -3.8pp 18.8% 16.5% 19.7% 49%
Leverage Ratio 10.7%
+1.1pp YoY
+0.3pp QoQ
 -1.5pp 12.2% 11.0% 12.6% 45%
Total Capital Ratio 15.8%
+0.5pp YoY
-0.4pp QoQ
 -4.1pp 19.9% 17.6% 20.8% 46%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Full-Time Employees 22
+1 (+4.8%) YoY
0 QoQ
 -37 58 55 482 14%
Assets per Employee ($) $7.5M
-6.1% YoY
-1.1% QoQ
 +$3K $7.5M $8.6M $8.8M 61%
Branch Count 3
0 YoY
0 QoQ
 -2 4 4 18 26%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Past Due 90+ Days 0.0% -0.3pp 0.3% 0.4% 0.4% 4%
Nonaccrual n/a n/a 0.9% 1.0% 1.0% n/a
Allowance Coverage 977.00x +952.85x 24.15x 20.41x 20.23x 100%
Net Charge-off Rate (YTD) -0.0%
0.0pp YoY
 -0.2pp 0.1% 0.2% 0.2% 21%

Profitability

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
ROE 11.2%
-0.8pp YoY
+0.6pp QoQ
 -1.0pp 12.2% 13.1% 11.6% 44%
Cost of Funds (YTD) 1.2%
-0.1pp YoY
0.0pp QoQ
 -0.6pp 1.7% 1.7% 1.7% 17%
Net Income ($, YTD) $926,000
+5.1% YoY
— QoQ
 -$1.6M $2.6M $4.5M $40.4M 24%

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 (1)

Credit Quality Leader

growth
#170 of 659 • Top 25.6% in tier

Best-in-class credit quality (delinquency in bottom 25% of peer group). Conservative underwriting paying off.

Why this signature
Delinquency Rate: 0.00%
(Tier: 0.92%, National: 0.98%)
better than tier avg
659 of 659 Community banks match · 920 nationally
→ Stable +1 banks QoQ | QoQ rank improving

Concerns (3)

Credit Quality Pressure

risk
#4 of 1256 • Bottom 0.2% in tier

Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.

Why this signature
Delinquency Rate: 0.00%
(Tier: 0.92%, National: 0.98%)
better than tier avg
1256 of 1256 Community banks match · 1820 nationally
→ Stable -71 banks QoQ

Credit Risk Growth

risk
#84 of 936 • Bottom 8.9% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

936 of 936 Community banks match · 1401 nationally
→ Stable -58 banks QoQ

Flatlined Growth

risk
#124 of 529 • Bottom 23.2% in tier

Asset growth stalled (-2% to +2% YoY) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.

Why this signature
Return on Assets: 1.11%
(Tier: 1.32%, National: 1.30%)
worse than tier avg
529 of 529 Community banks match · 719 nationally
→ Stable +34 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 2643 peers in $100M-$1B

Top Strengths (2 metrics)

289
Nonperforming Asset Ratio
credit_quality
Value: 0.00%
Peer Median: 0.67%
#289 of 2643 Top 10.9% in $100M-$1B
313
Delinquency Rate
credit_quality
Value: 0.00%
Peer Median: 0.92%
#313 of 2633 Top 11.8% in $100M-$1B

Top Weaknesses (4 metrics)

2455
Non-Interest Income / Assets
revenue_mix
Value: 0.06%
Peer Median: 0.57%
#2455 of 2643 Bottom 7.2% in $100M-$1B
2164
Total Assets
size
Value: $165.46M
Peer Median: $386.57M
#2164 of 2643 Bottom 18.2% in $100M-$1B
2086
Total Deposits
size
Value: $147.94M
Peer Median: $326.73M
#2086 of 2643 Bottom 21.1% in $100M-$1B
2031
Total Loans
size
Value: $113.38M
Peer Median: $258.35M
#2031 of 2643 Bottom 23.2% in $100M-$1B
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