TellerScore

New Market Bank is a state-chartered bank headquartered in Elko New Market, Minnesota, in business for about 121 years. At the end of Q2 2026 it reported $196.0M in total assets and $177.5M in deposits, with 3 offices.

Based on its Q2 2026 filing, New Market Bank scores 74/100, which we describe as strong. That is higher than 57% of 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 72nd. Its strongest component is loan quality (100/100; 0.00%), and its lowest is capital cushion (41/100; 9.11%).

TellerScore · Q2 2026

Scorecard

Capital cushion41/100
Tier 1 leverage ratio: 9.11%
Loan quality100/100
Noncurrent loans ÷ total loans: 0.00%
Earnings65/100
Return on assets (annualized): 1.13%
Funding & liquidity89/100
Loans ÷ deposits and uninsured-deposit share: 65.6% · 19.8% uninsured
Problem-loan coverage100/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 0.00%

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 2 points (72 → 74), mostly because the earnings component improved by 6 points.

TellerScore
677174Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTellerScore
Q2 202467
Q3 202468
Q4 202470
Q1 202571
Q2 202572
Q3 202570
Q4 202571
Q1 202673
Q2 202674
Tier 1 leverage ratio
5.00%7.05%9.11%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTier 1 leverage ratio
Q2 20248.40%
Q3 20248.37%
Q4 20248.90%
Q1 20258.84%
Q2 20258.87%
Q3 20258.70%
Q4 20258.83%
Q1 20268.88%
Q2 20269.11%
Noncurrent loans
-1.00%0.00%1.00%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterNoncurrent loans
Q2 20240.00%
Q3 20240.00%
Q4 20240.00%
Q1 20250.00%
Q2 20250.00%
Q3 20250.00%
Q4 20250.00%
Q1 20260.00%
Q2 20260.00%
Return on assets
0.60%0.86%1.13%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterReturn on assets
Q2 20240.60%
Q3 20240.74%
Q4 20240.75%
Q1 20250.83%
Q2 20250.97%
Q3 20250.81%
Q4 20250.87%
Q1 20261.06%
Q2 20261.13%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202674$196.0M9.11%0.00%1.13%65.6%
Q1 202673$193.7M8.88%0.00%1.06%64.2%
Q4 202571$190.8M8.83%0.00%0.87%65.0%
Q3 202570$184.3M8.70%0.00%0.81%67.9%
Q2 202572$189.0M8.87%0.00%0.97%64.1%
Q1 202571$189.8M8.84%0.00%0.83%63.9%
Q4 202470$180.9M8.90%0.00%0.75%66.9%
Q3 202468$179.2M8.37%0.00%0.74%67.8%
Q2 202467$189.7M8.40%0.00%0.60%69.1%

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).

Capital ratio9.11%
14th
Total risk-based capital14.25%
64th
Problem loans0.00%
94th
Net charge-offs-0.00%
80th
Return on assets1.13%
42nd
Net interest margin4.41%
75th
Efficiency ratio67.6%
35th
Loans to deposits65.6%
76th
Uninsured deposits19.8%
65th
Loan-loss reserves1.27%
58th
Texas ratio0.0%
95th

Similar-size banks in Minnesota

InstitutionScoreAssetsCapitalProblem loansCompare
Farmers State Bank of HamelBank Hamel, MN72 out of 100, Strong$198.3M9.5%0.00%vs
Keen Bank, National AssociationBank Waseca, MN76 out of 100, Strong$201.1M8.4%0.06%vs
Minnstar Bank National AssociationBank Lake Crystal, MN70 out of 100, Strong$204.0M10.4%0.36%vs
Pine River State BankBank Pine River, MN64 out of 100, Moderate$185.3M8.5%0.74%vs
Wadena State BankBank Wadena, MN81 out of 100, Strong$206.6M9.8%0.04%vs
Grand Marais State BankBank Grand Marais, MN75 out of 100, Strong$207.2M8.4%0.10%vs

Deposit insurance

Is my money safe at New Market Bank?

Yes. New Market Bank is an FDIC-insured institution (FDIC certificate #1931). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 19.8% of deposits ($35.1M) 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 9.11%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.25% (benchmark: 10%).

Check how much of your own balance is covered

3 locations

Branches

New Market Bank lists 3 offices in 3 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, New Market Bank reported 158 home-loan applications under HMDA (LEI 2549002N9QET42VCAS33): 138 originated ($46,550,000 total), 3 denied, and 17 withdrawn or closed by the applicant. Its denial rate on decided applications was 2.1%, 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
New Market Bank
Former names
First State Bank of New Market
Type
State-chartered bank
FDIC certificate #
1931
RSSD ID
165758
Primary regulator
FDIC
Holding company
Market Bcorp Inc
Established
June 10, 1905
Headquarters
101 Old Town Rd, Elko New Market, MN 55054
Employees
37

Quick answers

New Market Bank: common questions

Is New Market Bank FDIC insured?

Yes. New Market Bank is an FDIC-insured institution (FDIC certificate #1931). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is New Market Bank's TellerScore?

74 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 New Market Bank ever failed?

There is no failure record for FDIC certificate #1931 in the FDIC failed bank list.

How many branches does New Market Bank have?

3 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Elko New Market

InstitutionScoreAssetsCapitalProblem loansCompare
Castle Rock BankBank Castle Rock, MN93 out of 100, Very strong$293.5M14.2%0.01%vs
Vermillion State BankBank Vermillion, MN90 out of 100, Very strong$931.4M13.4%0.24%vs
Ziegler Federal Credit UnionCredit union Bloomington, MN87 out of 100, Very strong$4.3M26.9%1.09%vs
Think Mutual BankBank Rochester, MN86 out of 100, Very strong$2.2B16.3%0.25%vs
Toro Employees Federal Credit UnionCredit union Bloomington, MN84 out of 100, Strong$41.5M14.5%0.56%vs
Scale BankBank Edina, MN83 out of 100, Strong$626.7M14.0%0.06%vs