The First National Bank of Cokato: how it compares with its peers
Against 99 MN banks with half to twice its assets, The First National Bank of Cokato's strongest measure in Q2 2026 is assets per employee ($11.5M vs. a $7.1M peer median). Its weakest relative measure is net interest margin (3.98% vs. 4.05%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.50% | 1.24% | Middle third Ahead of 64% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.98% | 4.05% | Middle third Ahead of 44% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 55.70% | 61.48% | Top third Ahead of 74% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $11.5M | $7.1M | Top third Ahead of 94% of peers |
| Loans to deposits Net loans and leases over total deposits. | 72.58% | 79.75% | Context |
What it means for lending operations
Its efficiency ratio of 55.70% is better than the 61.48% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Security State Bank of Warroad Warroad, MN · $138M
- Farmers and Merchants State Bank of Springfield Springfield, MN · $140M
- First Farmers & Merchants National Bank Fairmont, MN · $140M
- Western National Bank Duluth, MN · $136M
- Northwoods Bank of Minnesota Park Rapids, MN · $141M
- Worthington Federal Savings Bank, FSB Worthington, MN · $135M
Questions about The First National Bank of Cokato
How big is The First National Bank of Cokato?
The First National Bank of Cokato, established in 1916, is headquartered in Cokato, MN. It reported $138M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is The First National Bank of Cokato's return on assets?
1.50% annualized in Q2 2026, against a 1.24% median for 99 MN banks with half to twice its assets, ahead of 64% of them.
What is The First National Bank of Cokato's efficiency ratio?
55.70% in Q2 2026: it spent about 56 cents in noninterest expense for each dollar of revenue. The peer median is 61.48%, and lower is better.
Is The First National Bank of Cokato growing its loans?
Net loans grew 4.8% over the year to Q2 2026, while deposits grew 4.6%.
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.