Minnesota National Bank: how it compares with its peers
Against 94 MN banks with half to twice its assets, Minnesota National Bank's strongest measure in Q2 2026 is net interest margin (4.41% vs. a 3.97% peer median). Its weakest relative measure is assets per employee ($5.6M vs. $7.5M).
| Measure | Minnesota National Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.66% | 1.30% | Top third Ahead of 71% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.41% | 3.97% | Top third Ahead of 82% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 59.61% | 61.89% | Middle third Ahead of 56% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.6M | $7.5M | Bottom third Ahead of 16% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.84% | 80.54% | Context |
What it means for lending operations
Its efficiency ratio of 59.61% is better than the 61.89% 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
- Castle Rock Bank Castle Rock, MN · $294M
- The First National Bank of Milaca Milaca, MN · $293M
- Lake Central Bank Annandale, MN · $291M
- Citizens State Bank of Roseau Roseau, MN · $291M
- Liberty Bank Minnesota Saint Cloud, MN · $290M
- PrinsBank Prinsburg, MN · $308M
Questions about Minnesota National Bank
How big is Minnesota National Bank?
Minnesota National Bank, established in 1902, is headquartered in Sauk Centre, MN. It reported $298M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Minnesota National Bank's return on assets?
1.66% annualized in Q2 2026, against a 1.30% median for 94 MN banks with half to twice its assets, ahead of 71% of them.
What is Minnesota National Bank's efficiency ratio?
59.61% in Q2 2026: it spent about 60 cents in noninterest expense for each dollar of revenue. The peer median is 61.89%, and lower is better.
Is Minnesota National Bank growing its loans?
Net loans grew 3.3% over the year to Q2 2026, while deposits grew 5.0%.
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.