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Stearns Bank National Association
Saint Cloud, MN · FDIC Certificate #10988 · Chartered 05/2
Total assets
$3.27B
Total deposits
$2.39B
Total equity
$560.58M
Net loans
$2.74B
Branches (offices)
8
Net income (YTD)
$34.59M
Rank: #394 of 4,213 U.S. banks by assets · #4 of 221 in Minnesota. Assets changed -7.7% and deposits -15.6% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 2.09% |
| Return on equity | 12.78% |
| Net interest margin (YTD) | 6.04% |
| Equity to assets | 17.12% |
| Tier 1 leverage ratio | 15.42% |
| Uninsured deposits (share of deposits) | 15.9% |
| Noncurrent loans (share of loans) | 2.65% |
| Net charge-offs (share of loans) | 2.05% |
| Loans to deposits | 114.8% |
| Real estate loans (share of loans) | 46.5% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $1.27B | 46.5% | |
| Commercial & industrial | $1.42B | 52.0% | |
| Consumer / individual | $1.54M | 0.1% | |
| Construction & development | $415.80M | 15.2% | |
| Agricultural | $11.58M | 0.4% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $2.10B | $1.50B | $29.11M | $525.70M |
| Jun 2023 | $2.73B | $2.11B | $20.05M | $559.67M |
| Jun 2024 | $3.22B | $2.38B | $20.60M | $512.58M |
| Jun 2025 | $3.55B | $2.83B | $11.15M | $543.62M |
| Jun 2026 | $3.27B | $2.39B | $34.59M | $560.58M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $2.04B | 4 |
| Florida | $247.22M | 3 |
| Arizona | $97.50M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $2.39B.
Similar-sized banks
Weststar Bank ($3.28B) · Bristol County Savings Bank ($3.26B)
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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