First State Bank and Trust (FDIC certificate #10159) is based in Bayport, Minnesota. Its Q2 2026 call report shows $499.0M in total assets and $455.4M in deposits and 4 offices across 2 states.
Based on its Q2 2026 filing, First State Bank and Trust scores 73/100, which we describe as strong. That is higher than 53% of 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 79th. Its strongest component is problem-loan coverage (100/100; 0.2%), and its lowest is capital cushion (39/100; 8.91%).
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
The score has been essentially flat from Q2 2025 to Q2 2026 (72 → 73).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 68 |
| Q3 2024 | 71 |
| Q4 2024 | 72 |
| Q1 2025 | 72 |
| Q2 2025 | 72 |
| Q3 2025 | 74 |
| Q4 2025 | 74 |
| Q1 2026 | 73 |
| Q2 2026 | 73 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 8.93% |
| Q3 2024 | 9.03% |
| Q4 2024 | 9.19% |
| Q1 2025 | 9.15% |
| Q2 2025 | 9.19% |
| Q3 2025 | 9.41% |
| Q4 2025 | 8.98% |
| Q1 2026 | 8.99% |
| Q2 2026 | 8.91% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.09% |
| Q3 2024 | 0.00% |
| Q4 2024 | 0.00% |
| Q1 2025 | 0.00% |
| Q2 2025 | 0.03% |
| Q3 2025 | 0.03% |
| Q4 2025 | 0.00% |
| Q1 2026 | 0.00% |
| Q2 2026 | 0.03% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.15% |
| Q3 2024 | 1.30% |
| Q4 2024 | 1.39% |
| Q1 2025 | 1.55% |
| Q2 2025 | 1.62% |
| Q3 2025 | 1.70% |
| Q4 2025 | 1.71% |
| Q1 2026 | 1.61% |
| Q2 2026 | 1.77% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 73 | $499.0M | 8.91% | 0.03% | 1.77% | 71.6% |
| Q1 2026 | 73 | $471.0M | 8.99% | 0.00% | 1.61% | 71.5% |
| Q4 2025 | 74 | $473.2M | 8.98% | 0.00% | 1.71% | 69.4% |
| Q3 2025 | 74 | $425.9M | 9.41% | 0.03% | 1.70% | 78.7% |
| Q2 2025 | 72 | $416.6M | 9.19% | 0.03% | 1.62% | 85.6% |
| Q1 2025 | 72 | $410.9M | 9.15% | 0.00% | 1.55% | 80.0% |
| Q4 2024 | 72 | $423.9M | 9.19% | 0.00% | 1.39% | 73.1% |
| Q3 2024 | 71 | $401.0M | 9.03% | 0.00% | 1.30% | 76.3% |
| Q2 2024 | 68 | $376.8M | 8.93% | 0.09% | 1.15% | 79.0% |
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 |
|---|---|---|---|---|---|
| Eagle Rock BankBank Rochester, MN | 72 out of 100, Strong | $508.2M | 13.8% | 0.92% | vs |
| First Farmers & Merchants BankBank Cannon Falls, MN | 77 out of 100, Strong | $486.4M | 10.1% | 0.01% | vs |
| American National Bank of MinnesotaBank Baxter, MN | 65 out of 100, Moderate | $473.2M | 10.8% | 1.00% | vs |
| EntreBankBank Bloomington, MN | 72 out of 100, Strong | $527.1M | 9.6% | 0.03% | vs |
| Northview BankBank Sandstone, MN | 74 out of 100, Strong | $469.7M | 10.8% | 0.46% | vs |
| Lake Elmo BankBank Lake Elmo, MN | 74 out of 100, Strong | $529.7M | 11.6% | 0.84% | vs |
Deposit insurance
Is my money safe at First State Bank and Trust?
Yes. First State Bank and Trust is an FDIC-insured institution (FDIC certificate #10159). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 44.3% of deposits ($201.9M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 8.91%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.81% (benchmark: 10%).
4 locations
Branches
First State Bank and Trust lists 3 offices in 3 cities across 2 states. Most locations:
- Bayport, MN (1)
- Hudson, WI (1)
- Oak Park Heights, MN (1)
HMDA 2025
Mortgage lending
In 2025, First State Bank and Trust reported 177 home-loan applications under HMDA (LEI 549300AO417FCNJGKM49): 118 originated ($36,810,000 total), 19 denied, and 37 withdrawn or closed by the applicant. Its denial rate on decided applications was 13.6%, 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 State Bank and Trust
- Former names
- First State Bank of Bayport; The First State Bank of Bayport
- Type
- State-chartered bank
- FDIC certificate #
- 10159
- RSSD ID
- 144856
- Primary regulator
- FDIC
- Holding company
- Universal Finl Services Inc
- Established
- January 1, 1914
- Headquarters
- 950 Highway 95 N, Bayport, MN 55003
- Website
- www.fsbt.com
- Employees
- 81
Quick answers
First State Bank and Trust: common questions
Is First State Bank and Trust FDIC insured?
Yes. First State Bank and Trust is an FDIC-insured institution (FDIC certificate #10159). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is First State Bank and Trust's TellerScore?
73 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has First State Bank and Trust ever failed?
There is no failure record for FDIC certificate #10159 in the FDIC failed bank list.
How many branches does First State Bank and Trust have?
4 offices as of the latest FDIC data, in 2 states.
Nearby
Highest-scoring banks and credit unions with branches near Bayport
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Vermillion State BankBank Vermillion, MN | 90 out of 100, Very strong | $931.4M | 13.4% | 0.24% | vs |
| Carpenters Federal Credit UnionCredit union Saint Paul, MN | 86 out of 100, Very strong | $44.3M | 16.0% | 1.01% | vs |
| Pipefitters-Steamfitters Credit UnionCredit union Woodbury, MN | 83 out of 100, Strong | $51.6M | 13.4% | 1.07% | vs |
| Security State Bank of MarineBank Marine On St. Croix, MN | 82 out of 100, Strong | $232.5M | 10.9% | 0.13% | vs |
| Riverview Credit UnionCredit union South Saint Pau, MN | 81 out of 100, Strong | $7.9M | 16.4% | 0.00% | vs |
| Genisys Credit UnionCredit union Auburn Hills, MI | 81 out of 100, Strong | $6.6B | 15.5% | 1.09% | vs |