Headquartered in Wadena, Minnesota, Mid-Central National Bank is a national bank with $117.1M in total assets and $94.9M in deposits as of Q2 2026. It operates 3 offices. Its charter dates back to 1957.
Mid-Central National Bank has a TellerScore of 77 out of 100 (strong) based on Q2 2026 data — higher than 68% of its 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 49th. Capital cushion contributes the most (99/100, 14.91%); earnings contributes the least (44/100, 0.60%).
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 6 points (71 → 77), mostly because the loan quality component improved by 13 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 83 |
| Q3 2024 | 82 |
| Q4 2024 | 77 |
| Q1 2025 | 69 |
| Q2 2025 | 71 |
| Q3 2025 | 72 |
| Q4 2025 | 73 |
| Q1 2026 | 73 |
| Q2 2026 | 77 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 16.07% |
| Q3 2024 | 16.26% |
| Q4 2024 | 13.70% |
| Q1 2025 | 13.58% |
| Q2 2025 | 13.74% |
| Q3 2025 | 14.20% |
| Q4 2025 | 14.66% |
| Q1 2026 | 14.90% |
| Q2 2026 | 14.91% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.20% |
| Q3 2024 | 0.49% |
| Q4 2024 | 0.50% |
| Q1 2025 | 1.36% |
| Q2 2025 | 1.15% |
| Q3 2025 | 1.10% |
| Q4 2025 | 1.21% |
| Q1 2026 | 1.16% |
| Q2 2026 | 0.76% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.54% |
| Q3 2024 | 0.62% |
| Q4 2024 | 0.64% |
| Q1 2025 | 0.62% |
| Q2 2025 | 0.64% |
| Q3 2025 | 0.69% |
| Q4 2025 | 0.76% |
| Q1 2026 | 0.63% |
| Q2 2026 | 0.60% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 77 | $117.1M | 14.91% | 0.76% | 0.60% | 93.2% |
| Q1 2026 | 73 | $116.9M | 14.90% | 1.16% | 0.63% | 95.0% |
| Q4 2025 | 73 | $115.9M | 14.66% | 1.21% | 0.76% | 94.7% |
| Q3 2025 | 72 | $117.2M | 14.20% | 1.10% | 0.69% | 90.8% |
| Q2 2025 | 71 | $118.7M | 13.74% | 1.15% | 0.64% | 87.2% |
| Q1 2025 | 69 | $121.6M | 13.58% | 1.36% | 0.62% | 82.1% |
| Q4 2024 | 77 | $123.2M | 13.70% | 0.50% | 0.64% | 82.1% |
| Q3 2024 | 82 | $121.1M | 16.26% | 0.49% | 0.62% | 81.3% |
| Q2 2024 | 83 | $120.0M | 16.07% | 0.20% | 0.54% | 81.2% |
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 |
|---|---|---|---|---|---|
| First State Bank of BigforkBank Bigfork, MN | 46 out of 100, Below average | $117.4M | 11.3% | 6.39% | vs |
| Rushford State Bank (Incorporated)Bank Rushford, MN | 54 out of 100, Below average | $114.7M | 7.0% | 0.93% | vs |
| Security State Bank of AitkinBank Aitkin, MN | 56 out of 100, Moderate | $114.5M | 10.8% | 2.24% | vs |
| Global Innovations BankBank Kiester, MN | 70 out of 100, Strong | $120.1M | 8.5% | 0.03% | vs |
| Farmers State Bank of UnderwoodBank Underwood, MN | 74 out of 100, Strong | $113.8M | 8.6% | 0.03% | vs |
| Heritage Bank MinnesotaBank West Concord, MN | 57 out of 100, Moderate | $120.9M | 7.3% | 0.64% | vs |
Deposit insurance
Is my money safe at Mid-Central National Bank?
Yes. Mid-Central National Bank is an FDIC-insured institution (FDIC certificate #30943). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 3.9% of deposits ($3.7M) 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 14.91%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 25.94% (benchmark: 10%).
3 locations
Branches
Mid-Central National Bank lists 3 offices in 3 cities. Most locations:
- Long Prairie, MN (1)
- Staples, MN (1)
- Wadena, MN (1)
Identity & history
Profile
- Legal name
- Mid-Central National Bank
- Former names
- Mid-Central Federal Savings Bank; Mid-Central Federal Savings and Loan Association
- Type
- National bank
- FDIC certificate #
- 30943
- RSSD ID
- 773171
- Primary regulator
- OCC
- Holding company
- Jiko Group Inc
- Established
- March 11, 1957
- Headquarters
- 520 Jefferson St S, Wadena, MN 56482
- Website
- www.midcentralbank.com
- Employees
- 36
Quick answers
Mid-Central National Bank: common questions
Is Mid-Central National Bank FDIC insured?
Yes. Mid-Central National Bank is an FDIC-insured institution (FDIC certificate #30943). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Mid-Central National Bank's TellerScore?
77 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 Mid-Central National Bank ever failed?
There is no failure record for FDIC certificate #30943 in the FDIC failed bank list.
How many branches does Mid-Central National Bank have?
3 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Wadena
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Community First BankBank Menahga, MN | 90 out of 100, Very strong | $126.5M | 12.8% | 0.28% | vs |
| Wadena State BankBank Wadena, MN | 81 out of 100, Strong | $206.6M | 9.8% | 0.04% | vs |
| Midwest BankBank Detroit Lakes, MN | 74 out of 100, Strong | $984.5M | 9.8% | 0.05% | vs |
| Magnifi Financial Credit UnionCredit union Melrose, MN | 68 out of 100, Moderate | $2.8B | 11.0% | 0.21% | vs |
| Mid Minnesota Federal Credit UnionCredit union Baxter, MN | 67 out of 100, Moderate | $858.0M | 9.3% | 0.43% | vs |
| Farmers & Merchants State Bank of New York Mills, IncorporatedBank New York Mills, MN | 64 out of 100, Moderate | $83.5M | 13.3% | 2.28% | vs |