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Banks · Minnesota

First State Bank And Trust

Bayport, MN · FDIC Certificate #10159 · Chartered 01/0

Total assets
$499.01M
Total deposits
$455.45M
Total equity
$40.22M
Net loans
$325.94M
Branches (offices)
4
Net income (YTD)
$4.26M
Rank: #1,789 of 4,213 U.S. banks by assets · #51 of 221 in Minnesota. Assets changed 19.8% and deposits 25.4% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.77%
Return on equity21.72%
Net interest margin (YTD)3.55%
Equity to assets8.06%
Tier 1 leverage ratio8.91%
Uninsured deposits (share of deposits)44.3%
Noncurrent loans (share of loans)0.03%
Net charge-offs (share of loans)0.00%
Loans to deposits71.6%
Real estate loans (share of loans)85.3%

Loan mix

CategoryAmountShare
Real estate loans$278.02M
85.3%
Commercial & industrial$26.98M
8.3%
Consumer / individual$8.61M
2.6%
Construction & development$29.16M
8.9%
Agricultural$0
0.0%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$348.21M$319.58M$1.06M$25.46M
Jun 2023$367.36M$337.05M$2.27M$27.46M
Jun 2024$376.84M$343.44M$2.27M$30.16M
Jun 2025$416.61M$363.19M$3.37M$35.55M
Jun 2026$499.01M$455.45M$4.26M$40.22M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Minnesota$416.13M3
Wisconsin$39.32M1

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $455.45M.

Similar-sized banks

Ohnward Bank & Trust ($499.08M) · The Fnb Community Bank ($498.91M)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.

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