The First State Bank of Rosemount: how it compares with its peers
Against 101 MN banks with half to twice its assets, The First State Bank of Rosemount's strongest measure in Q2 2026 is assets per employee ($9.1M vs. a $7.1M peer median). Its weakest relative measure is efficiency ratio (82.58% vs. 61.04%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.33% | 1.28% | Bottom third Ahead of 8% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.34% | 4.02% | Bottom third Ahead of 12% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 82.58% | 61.04% | Bottom third Ahead of 4% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.1M | $7.1M | Top third Ahead of 84% of peers |
| Loans to deposits Net loans and leases over total deposits. | 73.41% | 78.80% | Context |
What it means for lending operations
Its efficiency ratio of 82.58% is above the 61.04% 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
- Security Bank Minnesota Albert Lea, MN · $145M
- Citizens State Bank Norwood Young America Norwood Young America, MN · $141M
- Valley Premier Bank Hawley, MN · $141M
- Northwoods Bank of Minnesota Park Rapids, MN · $141M
- First Farmers & Merchants National Bank Fairmont, MN · $140M
- Security State Bank of Hibbing Hibbing, MN · $152M
Questions about The First State Bank of Rosemount
How big is The First State Bank of Rosemount?
The First State Bank of Rosemount, established in 1909, is headquartered in Rosemount, MN. It reported $146M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is The First State Bank of Rosemount's return on assets?
0.33% annualized in Q2 2026, against a 1.28% median for 101 MN banks with half to twice its assets, ahead of 8% of them.
What is The First State Bank of Rosemount's efficiency ratio?
82.58% in Q2 2026: it spent about 83 cents in noninterest expense for each dollar of revenue. The peer median is 61.04%, and lower is better.
Is The First State Bank of Rosemount growing its loans?
Net loans shrank 0.5% over the year to Q2 2026, while deposits grew 2.9%.
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.