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Park State Bank
Duluth, MN · FDIC Certificate #8851 · Chartered 06/2
Total assets
$1.49B
Total deposits
$1.21B
Total equity
$146.77M
Net loans
$893.26M
Branches (offices)
18
Net income (YTD)
$9.67M
Rank: #743 of 4,213 U.S. banks by assets · #10 of 221 in Minnesota. Assets changed 5.7% and deposits 4.3% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.30% |
| Return on equity | 13.33% |
| Net interest margin (YTD) | 3.35% |
| Equity to assets | 9.83% |
| Tier 1 leverage ratio | 9.89% |
| Uninsured deposits (share of deposits) | 26.5% |
| Noncurrent loans (share of loans) | 0.92% |
| Net charge-offs (share of loans) | 0.55% |
| Loans to deposits | 74.1% |
| Real estate loans (share of loans) | 73.4% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $655.92M | 73.4% | |
| Commercial & industrial | $196.06M | 21.9% | |
| Consumer / individual | $14.65M | 1.6% | |
| Construction & development | $60.78M | 6.8% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $1.05B | $946.84M | $7.78M | $96.72M |
| Jun 2023 | $1.14B | $959.77M | $7.95M | $106.97M |
| Jun 2024 | $1.38B | $1.14B | $8.95M | $124.19M |
| Jun 2025 | $1.41B | $1.16B | $9.24M | $144.76M |
| Jun 2026 | $1.49B | $1.21B | $9.67M | $146.77M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $1.21B | 18 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $1.21B.
Similar-sized banks
Ascend Bank ($1.49B) · Elkhorn Valley Bank & Trust ($1.49B)
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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