State banking profile
Banks in Minnesota
Active FDIC-insured institutions headquartered in Minnesota, reported from their latest published Call Reports.
As of Q1 2026
Total assets →
$115B
Total deposits →
$99.4B
Median ROA →
1.25%
Median NIM →
3.91%
Reported scale
Largest banks by assets
Headquarters determine state membership. Values are reported, not adjusted for mergers.
| Bank | Assets | Deposits | ROA | Deposit growth |
|---|---|---|---|---|
| Ameriprise Bank, FSBMinneapolis · FDIC certificate 58,303 | $25.5B | $23.8B | 3.06% | +4.87% |
| Bridgewater BankSaint Louis Park · FDIC certificate 58,210 | $5.32B | $4.33B | 1.42% | +3.52% |
| Frandsen Bank & TrustLonsdale · FDIC certificate 1,399 | $3.69B | $3.14B | 1.63% | +2.37% |
| Stearns Bank National AssociationSaint Cloud · FDIC certificate 10,988 | $3.3B | $2.52B | 2.10% | +0.94% |
| Minnwest BankRedwood Falls · FDIC certificate 16,958 | $2.97B | $2.6B | 1.25% | −5.65% |
| Merchants Bank, National AssociationWinona · FDIC certificate 8,866 | $2.93B | $2.55B | 1.22% | +4.32% |
| Tradition Capital BankWayzata · FDIC certificate 58,057 | $2.68B | $2.09B | 0.81% | +10.12% |
| Think Mutual BankRochester · FDIC certificate 58,536 | $2.27B | $1.91B | 0.55% | +5.61% |
| Deerwood BankWaite Park · FDIC certificate 5,123 | $1.56B | $1.42B | 1.77% | +34.93% |
| Park State BankDuluth · FDIC certificate 8,851 | $1.47B | $1.2B | 1.43% | −3.39% |
| North American Banking CompanyRoseville · FDIC certificate 34,836 | $1.45B | $1.14B | 1.90% | −4.41% |
| Citizens Alliance BankClara City · FDIC certificate 1,402 | $1.45B | $1.26B | −0.82% | −10.18% |
| Security Bank & Trust CompanyGlencoe · FDIC certificate 15,324 | $1.29B | $1.16B | 1.90% | +6.33% |
| Premier BankMaplewood · FDIC certificate 21,714 | $1.18B | $1.03B | 1.98% | +10.53% |
| United Bankers' BankRichfield · FDIC certificate 22,180 | $1.04B | $647M | 0.91% | +0.55% |
| MidCountry BankMinneapolis · FDIC certificate 28,865 | $1.04B | $842M | 1.22% | −8.74% |
| The First National Bank of BemidjiBemidji · FDIC certificate 5,093 | $1.03B | $836M | 1.16% | +4.33% |
| United Prairie BankMountain Lake · FDIC certificate 10,958 | $975M | $838M | 1.36% | +5.39% |
| Vermillion State BankVermillion · FDIC certificate 10,214 | $937M | $813M | 2.52% | +9.12% |
| Midwest BankDetroit Lakes · FDIC certificate 9,737 | $915M | $763M | 2.47% | +10.16% |
| 21st Century BankLoretto · FDIC certificate 9,751 | $888M | $678M | 0.67% | +8.23% |
| Falcon National BankFoley · FDIC certificate 57,603 | $886M | $786M | 1.01% | −5.29% |
| Pioneer BankMapleton · FDIC certificate 5,193 | $885M | $766M | 1.63% | +3.24% |
| First Resource BankLino Lakes · FDIC certificate 58,039 | $867M | $688M | 0.67% | +23.65% |
| First National Bank NorthWalker · FDIC certificate 5,269 | $840M | $735M | 2.51% | +7.94% |
Reported movement
Fastest deposit growth
Growth may include acquired deposits. Use each bank profile’s history and peer context.
| Bank | Assets | Deposits | ROA | Deposit growth |
|---|---|---|---|---|
| VersaBank USA National AssociationHoldingford · FDIC certificate 10,160 | $783M | $557M | 1.16% | +926.63% |
| Grand Marais State BankGrand Marais · FDIC certificate 8,842 | $202M | $182M | 1.47% | +76.86% |
| Luminate BankMinneapolis · FDIC certificate 16,635 | $517M | $421M | 3.11% | +67.50% |
| Community Resource BankNorthfield · FDIC certificate 5,219 | $576M | $489M | 1.64% | +57.05% |
| Harvest BankKimball · FDIC certificate 11,415 | $356M | $326M | 0.86% | +51.55% |
| Battle Bank, National AssociationUpsala · FDIC certificate 9,336 | $137M | $66M | −8.75% | +47.11% |
| PrinsBankPrinsburg · FDIC certificate 10,191 | $296M | $256M | 1.62% | +40.81% |
| Deerwood BankWaite Park · FDIC certificate 5,123 | $1.56B | $1.42B | 1.77% | +34.93% |
| Worthington Federal Savings Bank, FSBWorthington · FDIC certificate 29,426 | $136M | $113M | 0.61% | +31.03% |
| EntreBankBloomington · FDIC certificate 59,287 | $502M | $451M | 1.74% | +30.07% |