Falcon National Bank: how it compares with its peers
Against 49 MN banks with half to twice its assets, Falcon National Bank's strongest measure in Q2 2026 is net interest margin (4.56% vs. a 3.92% peer median). Its weakest relative measure is return on assets (1.20% vs. 1.36%).
| Measure | Falcon National Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.20% | 1.36% | Bottom third Ahead of 31% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.56% | 3.92% | Top third Ahead of 94% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 61.03% | 58.05% | Middle third Ahead of 41% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.3M | $8.0M | Bottom third Ahead of 31% of peers |
| Loans to deposits Net loans and leases over total deposits. | 95.19% | 85.46% | Context |
What it means for lending operations
Its efficiency ratio of 61.03% is above the 58.05% 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
- First National Bank North Walker, MN · $864M
- Pioneer Bank Mapleton, MN · $884M
- 21st Century Bank Loretto, MN · $895M
- Northeast Bank Minneapolis, MN · $837M
- VersaBank USA National Association Holdingford, MN · $912M
- Vermillion State Bank Vermillion, MN · $931M
Questions about Falcon National Bank
How big is Falcon National Bank?
Falcon National Bank, established in 2003, is headquartered in Foley, MN. It reported $872M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Falcon National Bank's return on assets?
1.20% annualized in Q2 2026, against a 1.36% median for 49 MN banks with half to twice its assets, ahead of 31% of them.
What is Falcon National Bank's efficiency ratio?
61.03% in Q2 2026: it spent about 61 cents in noninterest expense for each dollar of revenue. The peer median is 58.05%, and lower is better.
Is Falcon National Bank growing its loans?
Net loans shrank 2.6% 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.