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Frandsen Bank & Trust
Lonsdale, MN · FDIC Certificate #1399 · Chartered 08/0
Total assets
$3.66B
Total deposits
$3.13B
Total equity
$431.50M
Net loans
$2.49B
Branches (offices)
40
Net income (YTD)
$33.43M
Rank: #358 of 4,213 U.S. banks by assets · #3 of 221 in Minnesota. Assets changed 2.6% and deposits 2.8% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.82% |
| Return on equity | 15.71% |
| Net interest margin (YTD) | 4.21% |
| Equity to assets | 11.80% |
| Tier 1 leverage ratio | 10.02% |
| Uninsured deposits (share of deposits) | 31.8% |
| Noncurrent loans (share of loans) | 0.71% |
| Net charge-offs (share of loans) | 0.11% |
| Loans to deposits | 79.5% |
| Real estate loans (share of loans) | 78.6% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $1.96B | 78.6% | |
| Commercial & industrial | $308.35M | 12.4% | |
| Consumer / individual | $65.27M | 2.6% | |
| Construction & development | $165.94M | 6.7% | |
| Agricultural | $139.60M | 5.6% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $2.70B | $2.46B | $21.57M | $197.33M |
| Jun 2023 | $3.30B | $2.69B | $22.59M | $264.50M |
| Jun 2024 | $3.48B | $2.94B | $22.45M | $318.69M |
| Jun 2025 | $3.56B | $3.05B | $26.64M | $371.00M |
| Jun 2026 | $3.66B | $3.13B | $33.43M | $431.50M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $2.58B | 34 |
| Wisconsin | $388.29M | 4 |
| North Dakota | $144.94M | 1 |
| South Dakota | $15.49M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $3.13B.
Similar-sized banks
The Bank Of East Asia Ltd. ($3.66B) · Parkway Bank And Trust Company ($3.66B)
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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