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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 equity | 21.72% |
| Net interest margin (YTD) | 3.55% |
| Equity to assets | 8.06% |
| Tier 1 leverage ratio | 8.91% |
| Uninsured deposits (share of deposits) | 44.3% |
| Noncurrent loans (share of loans) | 0.03% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 71.6% |
| Real estate loans (share of loans) | 85.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| 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)
| Period | Total assets | Deposits | Net 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)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $416.13M | 3 |
| Wisconsin | $39.32M | 1 |
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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