American National Bank of Minnesota: how it compares with its peers
Against 84 MN banks with half to twice its assets, American National Bank of Minnesota's strongest measure in Q2 2026 is net interest margin (4.20% vs. a 3.97% peer median). Its weakest relative measure is assets per employee ($6.2M vs. $7.6M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.35% | 1.36% | Middle third Ahead of 49% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.20% | 3.97% | Top third Ahead of 68% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 65.04% | 61.03% | Middle third Ahead of 36% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.2M | $7.6M | Bottom third Ahead of 20% of peers |
| Loans to deposits Net loans and leases over total deposits. | 109.73% | 83.58% | Context |
What it means for lending operations
Its efficiency ratio of 65.04% is above the 61.03% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Northview Bank Sandstone, MN · $470M
- Sterling State Bank Austin, MN · $462M
- First Farmers & Merchants Bank Cannon Falls, MN · $486M
- First State Bank and Trust Bayport, MN · $499M
- Kensington Bank Kensington, MN · $447M
- Star Bank Maple Lake, MN · $446M
Questions about American National Bank of Minnesota
How big is American National Bank of Minnesota?
American National Bank of Minnesota, established in 1983, is headquartered in Baxter, MN. It reported $473M in total assets in its Q2 2026 FDIC call report and operates 10 offices.
What is American National Bank of Minnesota's return on assets?
1.35% annualized in Q2 2026, against a 1.36% median for 84 MN banks with half to twice its assets, ahead of 49% of them.
What is American National Bank of Minnesota's efficiency ratio?
65.04% in Q2 2026: it spent about 65 cents in noninterest expense for each dollar of revenue. The peer median is 61.03%, and lower is better.
Is American National Bank of Minnesota growing its loans?
Net loans shrank 8.2% over the year to Q2 2026, while deposits shrank 2.6%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are MN banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Minnesota bank ranked.