TellerScore

Park State Bank is a state-chartered bank headquartered in Duluth, Minnesota, in business for about 110 years. At the end of Q2 2026 it reported $1.5B in total assets and $1.2B in deposits, with 17 offices.

Based on its Q2 2026 filing, Park State Bank scores 66/100, which we describe as moderate. That is higher than only 40% of 897 banks with $1 billion – $10 billion. Among 223 banks headquartered in Minnesota, it ranks 138th. Its strongest component is problem-loan coverage (89/100; 5.3%), and its lowest is capital cushion (49/100; 9.89%).

TellerScore · Q2 2026

Scorecard

Capital cushion49/100
Tier 1 leverage ratio: 9.89%
Loan quality69/100
Noncurrent loans ÷ total loans: 0.92%
Earnings72/100
Return on assets (annualized): 1.30%
Funding & liquidity73/100
Loans ÷ deposits and uninsured-deposit share: 74.1% · 26.5% uninsured
Problem-loan coverage89/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 5.34%

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 fell 8 points (74 → 66), mostly because the loan quality component weakened by 24 points.

TellerScore
667074Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202472
Q3 202471
Q4 202473
Q1 202574
Q2 202574
Q3 202573
Q4 202570
Q1 202666
Q2 202666
Tier 1 leverage ratio
5.00%7.81%10.62%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20249.62%
Q3 20249.57%
Q4 20249.66%
Q1 20259.99%
Q2 202510.31%
Q3 202510.62%
Q4 20259.98%
Q1 20269.81%
Q2 20269.89%
Noncurrent loans
0.20%0.59%0.98%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.33%
Q3 20240.29%
Q4 20240.28%
Q1 20250.20%
Q2 20250.20%
Q3 20250.51%
Q4 20250.69%
Q1 20260.98%
Q2 20260.92%
Return on assets
1.21%1.32%1.44%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.37%
Q3 20241.25%
Q4 20241.27%
Q1 20251.21%
Q2 20251.30%
Q3 20251.34%
Q4 20251.44%
Q1 20261.43%
Q2 20261.30%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202666$1.5B9.89%0.92%1.30%74.1%
Q1 202666$1.5B9.81%0.98%1.43%75.2%
Q4 202570$1.5B9.98%0.69%1.44%72.5%
Q3 202573$1.4B10.62%0.51%1.34%73.1%
Q2 202574$1.4B10.31%0.20%1.30%74.6%
Q1 202574$1.4B9.99%0.20%1.21%70.5%
Q4 202473$1.4B9.66%0.28%1.27%69.5%
Q3 202471$1.4B9.57%0.29%1.25%75.5%
Q2 202472$1.4B9.62%0.33%1.37%74.7%

897 peers · $1 billion – $10 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 ratio9.89%
34th
Total risk-based capital15.80%
75th
Problem loans0.92%
29th
Net charge-offs0.55%
7th
Return on assets1.30%
55th
Net interest margin3.35%
28th
Efficiency ratio48.6%
80th
Loans to deposits74.1%
78th
Uninsured deposits26.5%
65th
Loan-loss reserves1.05%
38th
Texas ratio5.3%
36th

Similar-size banks in Minnesota

InstitutionScoreAssetsCapitalProblem loansCompare
North American Banking CompanyBank Roseville, MN68 out of 100, Moderate$1.5B8.9%0.51%vs
Deerwood BankBank Waite Park, MN68 out of 100, Moderate$1.5B8.1%0.29%vs
Citizens Alliance BankBank Clara City, MN47 out of 100, Below average$1.4B9.8%1.48%vs
Security Bank & Trust CompanyBank Glencoe, MN74 out of 100, Strong$1.3B9.4%0.34%vs
Premier BankBank Maplewood, MN76 out of 100, Strong$1.2B10.2%0.00%vs
First Resource BankBank Lino Lakes, MN66 out of 100, Moderate$1.1B8.3%0.09%vs

Deposit insurance

Is my money safe at Park State Bank?

Yes. Park State Bank is an FDIC-insured institution (FDIC certificate #8851). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 26.5% of deposits ($319.5M) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.89%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 15.80% (benchmark: 10%).

Check how much of your own balance is covered

17 locations

Branches

Park State Bank lists 14 offices in 12 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Park State Bank reported 351 home-loan applications under HMDA (LEI 549300YVBUEC0SGSZW55): 250 originated ($66,360,000 total), 36 denied, and 62 withdrawn or closed by the applicant. Its denial rate on decided applications was 12.5%, 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
Park State Bank
Type
State-chartered bank
FDIC certificate #
8851
RSSD ID
286457
Primary regulator
FDIC
Holding company
Park Financial Group Inc
Established
June 28, 1916
Headquarters
2630 W Superior St, Duluth, MN 55806
Employees
158

Quick answers

Park State Bank: common questions

Is Park State Bank FDIC insured?

Yes. Park State Bank is an FDIC-insured institution (FDIC certificate #8851). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Park State Bank's TellerScore?

66 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 Park State Bank ever failed?

There is no failure record for FDIC certificate #8851 in the FDIC failed bank list.

How many branches does Park State Bank have?

17 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Duluth

InstitutionScoreAssetsCapitalProblem loansCompare
Duluth Police Department Employees Credit UnionCredit union Duluth, MN91 out of 100, Very strong$7.8M22.8%0.41%vs
Indianhead Credit UnionCredit union Spooner, WI86 out of 100, Very strong$101.2M15.0%0.78%vs
Centricity Credit UnionCredit union Hermantown, MN85 out of 100, Very strong$340.5M14.0%0.79%vs
Superior Municipal Employees Credit UnionCredit union Superior, WI79 out of 100, Strong$3.0M16.5%0.00%vs
North Shore Federal Credit UnionCredit union Silver Bay, MN74 out of 100, Strong$284.8M12.8%0.33%vs
Superior Savings BankBank Superior, WI74 out of 100, Strong$98.8M16.3%1.15%vs