The First National Bank of Osakis: how it compares with its peers
Against 83 MN banks with half to twice its assets, The First National Bank of Osakis's strongest measure in Q2 2026 is assets per employee ($8.9M vs. a $7.1M peer median). Its weakest relative measure is efficiency ratio (70.82% vs. 61.64%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.12% | 1.24% | Middle third Ahead of 42% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.95% | 4.12% | Middle third Ahead of 39% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 70.82% | 61.64% | Bottom third Ahead of 24% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.9M | $7.1M | Top third Ahead of 82% of peers |
| Loans to deposits Net loans and leases over total deposits. | 100.37% | 79.21% | Context |
What it means for lending operations
Its efficiency ratio of 70.82% is above the 61.64% 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
- The Miners National Bank of Eveleth Eveleth, MN · $97M
- First Farmers & Merchants State Bank Brownsdale, MN · $96M
- Janesville State Bank Janesville, MN · $99M
- Currie State Bank Currie, MN · $100M
- Integrity Bank Plus Wabasso, MN · $93M
- Triumph State Bank Trimont, MN · $93M
Questions about The First National Bank of Osakis
How big is The First National Bank of Osakis?
The First National Bank of Osakis, established in 1903, is headquartered in Osakis, MN. It reported $98M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is The First National Bank of Osakis's return on assets?
1.12% annualized in Q2 2026, against a 1.24% median for 83 MN banks with half to twice its assets, ahead of 42% of them.
What is The First National Bank of Osakis's efficiency ratio?
70.82% in Q2 2026: it spent about 71 cents in noninterest expense for each dollar of revenue. The peer median is 61.64%, and lower is better.
Is The First National Bank of Osakis growing its loans?
Net loans grew 5.9% over the year to Q2 2026, while deposits grew 6.1%.
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.