Minnesota First Credit and Savings, Incorporated: how it compares with its peers
Against 26 MN banks with half to twice its assets, Minnesota First Credit and Savings, Incorporated's strongest measure in Q2 2026 is net interest margin (4.32% vs. a 3.75% peer median). Its weakest relative measure is efficiency ratio (92.25% vs. 69.48%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.31% | 1.30% | Bottom third Ahead of 19% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.32% | 3.75% | Middle third Ahead of 65% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 92.25% | 69.48% | Bottom third Ahead of 4% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.0M | $6.6M | Bottom third Ahead of 23% of peers |
| Loans to deposits Net loans and leases over total deposits. | 106.41% | 59.21% | Context |
What it means for lending operations
Its efficiency ratio of 92.25% is above the 69.48% 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
- St. Martin National Bank Saint Martin, MN · $29M
- State Bank of Easton Easton, MN · $28M
- Lake Country Community Bank Morristown, MN · $32M
- The First National Bank of Proctor Proctor, MN · $34M
- The First National Bank of Fairfax Fairfax, MN · $36M
Questions about Minnesota First Credit and Savings, Incorporated
How big is Minnesota First Credit and Savings, Incorporated?
Minnesota First Credit and Savings, Incorporated, established in 1956, is headquartered in Rochester, MN. It reported $30M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Minnesota First Credit and Savings, Incorporated's return on assets?
0.31% annualized in Q2 2026, against a 1.30% median for 26 MN banks with half to twice its assets, ahead of 19% of them.
What is Minnesota First Credit and Savings, Incorporated's efficiency ratio?
92.25% in Q2 2026: it spent about 92 cents in noninterest expense for each dollar of revenue. The peer median is 69.48%, and lower is better.
Is Minnesota First Credit and Savings, Incorporated growing its loans?
Net loans grew 7.5% over the year to Q2 2026, while deposits grew 9.5%.
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.