Minnesota Lakes Bank (FDIC certificate #23986) is based in Delano, Minnesota. Its Q2 2026 call report shows $129.8M in total assets and $113.5M in deposits and 2 offices.
Based on its Q2 2026 filing, Minnesota Lakes Bank scores 53/100, which we describe as below average. That is higher than only 9% of 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 197th. Its strongest component is funding & liquidity (93/100; 66% loans-to-deposits, 17% uninsured), and its lowest is loan quality (0/100; 3.18%).
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 10 points (43 → 53), mostly because the earnings component improved by 58 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 64 |
| Q3 2024 | 64 |
| Q4 2024 | 62 |
| Q1 2025 | 52 |
| Q2 2025 | 43 |
| Q3 2025 | 50 |
| Q4 2025 | 66 |
| Q1 2026 | 51 |
| Q2 2026 | 53 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.96% |
| Q3 2024 | 10.27% |
| Q4 2024 | 9.30% |
| Q1 2025 | 10.86% |
| Q2 2025 | 10.34% |
| Q3 2025 | 10.26% |
| Q4 2025 | 10.32% |
| Q1 2026 | 10.64% |
| Q2 2026 | 10.69% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 1.38% |
| Q3 2024 | 1.56% |
| Q4 2024 | 1.59% |
| Q1 2025 | 3.10% |
| Q2 2025 | 2.49% |
| Q3 2025 | 2.42% |
| Q4 2025 | 0.93% |
| Q1 2026 | 3.53% |
| Q2 2026 | 3.18% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.31% |
| Q3 2024 | 1.49% |
| Q4 2024 | 1.64% |
| Q1 2025 | 1.53% |
| Q2 2025 | -0.03% |
| Q3 2025 | 0.61% |
| Q4 2025 | 0.89% |
| Q1 2026 | 1.34% |
| Q2 2026 | 1.43% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 53 | $129.8M | 10.69% | 3.18% | 1.43% | 65.6% |
| Q1 2026 | 51 | $126.5M | 10.64% | 3.53% | 1.34% | 70.9% |
| Q4 2025 | 66 | $128.8M | 10.32% | 0.93% | 0.89% | 71.6% |
| Q3 2025 | 50 | $127.3M | 10.26% | 2.42% | 0.61% | 72.4% |
| Q2 2025 | 43 | $125.2M | 10.34% | 2.49% | -0.03% | 76.3% |
| Q1 2025 | 52 | $123.1M | 10.86% | 3.10% | 1.53% | 78.5% |
| Q4 2024 | 62 | $133.4M | 9.30% | 1.59% | 1.64% | 71.3% |
| Q3 2024 | 64 | $138.0M | 10.27% | 1.56% | 1.49% | 65.2% |
| Q2 2024 | 64 | $135.7M | 9.96% | 1.38% | 1.31% | 65.2% |
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 |
|---|---|---|---|---|---|
| The First National Bank of BagleyBank Bagley, MN | 60 out of 100, Moderate | $129.2M | 7.9% | 1.02% | vs |
| Community First BankBank Menahga, MN | 90 out of 100, Very strong | $126.5M | 12.8% | 0.28% | vs |
| The First National Bank of Moose LakeBank Moose Lake, MN | 94 out of 100, Very strong | $133.7M | 16.0% | 0.10% | vs |
| St. Clair State Bank (Incorporated)Bank Saint Clair, MN | 85 out of 100, Very strong | $134.4M | 11.1% | 0.03% | vs |
| State Bank of New RichlandBank New Richland, MN | 73 out of 100, Strong | $124.2M | 10.0% | 0.29% | vs |
| Worthington Federal Savings Bank, FSBBank Worthington, MN | 80 out of 100, Strong | $135.4M | 14.8% | 0.65% | vs |
Deposit insurance
Is my money safe at Minnesota Lakes Bank?
Yes. Minnesota Lakes Bank is an FDIC-insured institution (FDIC certificate #23986). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 16.9% of deposits ($19.1M) 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 10.69%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 17.99% (benchmark: 10%).
2 locations
Branches
Minnesota Lakes Bank lists 2 offices in 2 cities. Most locations:
- Delano, MN (1)
- Mound, MN (1)
Identity & history
Profile
- Legal name
- Minnesota Lakes Bank
- Former names
- Crow River State Bank of Delano; Crow River State Bank
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 23986
- RSSD ID
- 157650
- Primary regulator
- FED
- Holding company
- Wilcox Bancshares Inc
- Established
- June 24, 1982
- Headquarters
- 710 Babcock Blvd E, Delano, MN 55328
- Website
- www.mnlb.bank
- Employees
- 21
Quick answers
Minnesota Lakes Bank: common questions
Is Minnesota Lakes Bank FDIC insured?
Yes. Minnesota Lakes Bank is an FDIC-insured institution (FDIC certificate #23986). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Minnesota Lakes Bank's TellerScore?
53 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Minnesota Lakes Bank ever failed?
There is no failure record for FDIC certificate #23986 in the FDIC failed bank list.
How many branches does Minnesota Lakes Bank have?
2 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Delano
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Liberty Bank MinnesotaBank Saint Cloud, MN | 86 out of 100, Very strong | $290.2M | 12.9% | 0.00% | vs |
| Lake Central BankBank Annandale, MN | 86 out of 100, Very strong | $291.3M | 11.2% | 0.04% | vs |
| PrinsBankBank Prinsburg, MN | 85 out of 100, Very strong | $308.3M | 12.0% | 0.29% | vs |
| Center National BankBank Litchfield, MN | 80 out of 100, Strong | $242.6M | 11.1% | 0.00% | vs |
| American Heritage National BankBank Long Prairie, MN | 80 out of 100, Strong | $604.7M | 11.9% | 0.00% | vs |
| Sherburne BankBank Becker, MN | 78 out of 100, Strong | $351.1M | 9.5% | 0.02% | vs |