Headquartered in Saint Peter, Minnesota, First National Bank Minnesota is a national bank with $437.8M in total assets and $373.1M in deposits as of Q2 2026. It operates 4 offices. Its charter dates back to 1857.
Based on its Q2 2026 filing, First National Bank Minnesota scores 64/100, which we describe as moderate. That is higher than only 26% of 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 153rd. Its strongest component is problem-loan coverage (85/100; 7.7%), and its lowest is capital cushion (48/100; 9.81%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 16 points (48 → 64), mostly because the earnings component improved by 51 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 60 |
| Q3 2024 | 45 |
| Q4 2024 | 46 |
| Q1 2025 | 44 |
| Q2 2025 | 48 |
| Q3 2025 | 53 |
| Q4 2025 | 55 |
| Q1 2026 | 62 |
| Q2 2026 | 64 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 8.35% |
| Q3 2024 | 8.23% |
| Q4 2024 | 8.66% |
| Q1 2025 | 8.79% |
| Q2 2025 | 8.93% |
| Q3 2025 | 9.31% |
| Q4 2025 | 9.37% |
| Q1 2026 | 9.85% |
| Q2 2026 | 9.81% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.51% |
| Q3 2024 | 2.00% |
| Q4 2024 | 2.02% |
| Q1 2025 | 1.55% |
| Q2 2025 | 1.34% |
| Q3 2025 | 1.42% |
| Q4 2025 | 1.36% |
| Q1 2026 | 1.31% |
| Q2 2026 | 1.12% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.83% |
| Q3 2024 | 0.79% |
| Q4 2024 | 0.72% |
| Q1 2025 | -0.23% |
| Q2 2025 | 0.08% |
| Q3 2025 | 0.52% |
| Q4 2025 | 0.81% |
| Q1 2026 | 1.39% |
| Q2 2026 | 1.35% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 64 | $437.8M | 9.81% | 1.12% | 1.35% | 87.0% |
| Q1 2026 | 62 | $434.0M | 9.85% | 1.31% | 1.39% | 88.1% |
| Q4 2025 | 55 | $451.1M | 9.37% | 1.36% | 0.81% | 86.5% |
| Q3 2025 | 53 | $436.7M | 9.31% | 1.42% | 0.52% | 88.1% |
| Q2 2025 | 48 | $436.2M | 8.93% | 1.34% | 0.08% | 88.0% |
| Q1 2025 | 44 | $438.6M | 8.79% | 1.55% | -0.23% | 85.1% |
| Q4 2024 | 46 | $456.5M | 8.66% | 2.02% | 0.72% | 85.1% |
| Q3 2024 | 45 | $452.8M | 8.23% | 2.00% | 0.79% | 88.4% |
| Q2 2024 | 60 | $450.6M | 8.35% | 0.51% | 0.83% | 88.7% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Minnesota
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Foresight BankBank Plainview, MN | 41 out of 100, Below average | $433.8M | 10.2% | 3.04% | vs |
| Star BankBank Maple Lake, MN | 46 out of 100, Below average | $445.8M | 9.3% | 2.07% | vs |
| Peoples State Bank of PlainviewBank Plainview, MN | 66 out of 100, Moderate | $429.1M | 8.9% | 0.95% | vs |
| Kensington BankBank Kensington, MN | 69 out of 100, Moderate | $446.7M | 9.9% | 0.58% | vs |
| My Kind of Bank, National AssociationBank Ottertail, MN | 64 out of 100, Moderate | $422.6M | 9.0% | 0.96% | vs |
| Sentry BankBank Saint Joseph, MN | 70 out of 100, Strong | $415.5M | 8.7% | 0.00% | vs |
Deposit insurance
Is my money safe at First National Bank Minnesota?
Yes. First National Bank Minnesota is an FDIC-insured institution (FDIC certificate #5247). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 16.5% of deposits ($61.6M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 9.81%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.43% (benchmark: 10%).
4 locations
Branches
First National Bank Minnesota lists 4 offices in 4 cities. Most locations:
- Belle Plaine, MN (1)
- Gaylord, MN (1)
- Mankato, MN (1)
- Saint Peter, MN (1)
HMDA 2025
Mortgage lending
In 2025, First National Bank Minnesota reported 59 home-loan applications under HMDA (LEI 254900CPIGHZEFW97Z79): 49 originated ($11,265,000 total), 10 denied, and 0 withdrawn or closed by the applicant. Its denial rate on decided applications was 16.9%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- First National Bank Minnesota
- Former names
- The First National Bank of Saint Peter
- Type
- National bank
- FDIC certificate #
- 5247
- RSSD ID
- 197759
- Primary regulator
- OCC
- Holding company
- Bancommunity Service Corp
- Established
- January 1, 1857
- Headquarters
- 226 Nassau St, Saint Peter, MN 56082
- Website
- www.fnbmn.bank
- Employees
- 67
Quick answers
First National Bank Minnesota: common questions
Is First National Bank Minnesota FDIC insured?
Yes. First National Bank Minnesota is an FDIC-insured institution (FDIC certificate #5247). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is First National Bank Minnesota's TellerScore?
64 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has First National Bank Minnesota ever failed?
There is no failure record for FDIC certificate #5247 in the FDIC failed bank list.
How many branches does First National Bank Minnesota have?
4 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Saint Peter
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| St. Clair State Bank (Incorporated)Bank Saint Clair, MN | 85 out of 100, Very strong | $134.4M | 11.1% | 0.03% | vs |
| Janesville State BankBank Janesville, MN | 81 out of 100, Strong | $98.8M | 11.4% | 0.00% | vs |
| Elysian BankBank Elysian, MN | 79 out of 100, Strong | $76.0M | 12.2% | 0.74% | vs |
| First Farmers & Merchants BankBank Cannon Falls, MN | 77 out of 100, Strong | $486.4M | 10.1% | 0.01% | vs |
| Minnesota Valley Federal Credit UnionCredit union Mankato, MN | 77 out of 100, Strong | $329.0M | 11.5% | 0.56% | vs |
| First State Bank of Le CenterBank Le Center, MN | 76 out of 100, Strong | $110.4M | 11.1% | 0.81% | vs |