State Bank of Jeffers is a state-chartered bank headquartered in Jeffers, Minnesota, in business for about 126 years. At the end of Q2 2026 it reported $37.1M in total assets and $31.2M in deposits, with 1 office.
State Bank of Jeffers has a TellerScore of 97 out of 100 (very strong) based on Q2 2026 data — higher than 98% of its 546 banks with under $100 million in assets. Among 223 banks headquartered in Minnesota, it ranks 4th. Loan quality contributes the most (100/100, 0.00%); capital cushion contributes the least (91/100, 14.06%).
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 (91 → 97), mostly because the earnings component improved by 12 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 91 |
| Q3 2024 | 93 |
| Q4 2024 | 91 |
| Q1 2025 | 89 |
| Q2 2025 | 91 |
| Q3 2025 | 93 |
| Q4 2025 | 90 |
| Q1 2026 | 96 |
| Q2 2026 | 97 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 12.67% |
| Q3 2024 | 12.60% |
| Q4 2024 | 12.26% |
| Q1 2025 | 12.14% |
| Q2 2025 | 13.04% |
| Q3 2025 | 13.51% |
| Q4 2025 | 12.86% |
| Q1 2026 | 13.58% |
| Q2 2026 | 14.06% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.22% |
| Q3 2024 | 0.00% |
| Q4 2024 | 0.00% |
| Q1 2025 | 0.00% |
| Q2 2025 | 0.00% |
| Q3 2025 | 0.00% |
| Q4 2025 | 0.00% |
| Q1 2026 | 0.00% |
| Q2 2026 | 0.00% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 2.37% |
| Q3 2024 | 2.17% |
| Q4 2024 | 1.82% |
| Q1 2025 | 1.76% |
| Q2 2025 | 1.71% |
| Q3 2025 | 1.71% |
| Q4 2025 | 1.58% |
| Q1 2026 | 2.52% |
| Q2 2026 | 2.24% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 97 | $37.1M | 14.06% | 0.00% | 2.24% | 60.3% |
| Q1 2026 | 96 | $39.8M | 13.58% | 0.00% | 2.52% | 59.8% |
| Q4 2025 | 90 | $37.7M | 12.86% | 0.00% | 1.58% | 61.1% |
| Q3 2025 | 93 | $37.4M | 13.51% | 0.00% | 1.71% | 61.3% |
| Q2 2025 | 91 | $37.2M | 13.04% | 0.00% | 1.71% | 61.4% |
| Q1 2025 | 89 | $38.5M | 12.14% | 0.00% | 1.76% | 60.9% |
| Q4 2024 | 91 | $38.9M | 12.26% | 0.00% | 1.82% | 57.1% |
| Q3 2024 | 93 | $37.2M | 12.60% | 0.00% | 2.17% | 59.3% |
| Q2 2024 | 91 | $35.6M | 12.67% | 0.22% | 2.37% | 60.4% |
546 peers · Under $100 million in assets
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 |
|---|---|---|---|---|---|
| Western National BankBank Cass Lake, MN | 72 out of 100, Strong | $37.1M | 9.1% | 0.00% | vs |
| Farmers State Bank of HoffmanBank Hoffman, MN | 67 out of 100, Moderate | $36.9M | 12.6% | 2.10% | vs |
| The First National Bank at St. JamesBank Saint James, MN | 68 out of 100, Moderate | $37.9M | 8.7% | 0.27% | vs |
| The First National Bank of FairfaxBank Fairfax, MN | 67 out of 100, Moderate | $35.6M | 38.5% | 8.68% | vs |
| The First National Bank of ProctorBank Proctor, MN | 69 out of 100, Moderate | $34.0M | 8.5% | 0.00% | vs |
| Lake Country Community BankBank Morristown, MN | 74 out of 100, Strong | $31.5M | 11.9% | 0.00% | vs |
Deposit insurance
Is my money safe at State Bank of Jeffers?
Yes. State Bank of Jeffers is an FDIC-insured institution (FDIC certificate #10200). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 5.2% of deposits ($1.6M) are above the $250,000 FDIC insurance limit, below the peer median of 16%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 14.06%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 21.98% (benchmark: 10%).
1 location
Branches
State Bank of Jeffers lists 1 office in 1 city. Most locations:
- Jeffers, MN (1)
Identity & history
Profile
- Legal name
- State Bank of Jeffers
- Type
- State-chartered bank
- FDIC certificate #
- 10200
- RSSD ID
- 1014255
- Primary regulator
- FDIC
- Established
- June 27, 1900
- Headquarters
- 104 E Whited St, Jeffers, MN 56145
- Website
- statebankofjeffers.com
- Employees
- 4
Quick answers
State Bank of Jeffers: common questions
Is State Bank of Jeffers FDIC insured?
Yes. State Bank of Jeffers is an FDIC-insured institution (FDIC certificate #10200). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is State Bank of Jeffers's TellerScore?
97 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has State Bank of Jeffers ever failed?
There is no failure record for FDIC certificate #10200 in the FDIC failed bank list.
How many branches does State Bank of Jeffers have?
1 office as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Jeffers
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First Security Bank - Sleepy EyeBank Sleepy Eye, MN | 73 out of 100, Strong | $182.8M | 15.3% | 2.60% | vs |
| Southpoint Financial Credit UnionCredit union Sleepy Eye, MN | 73 out of 100, Strong | $608.9M | 11.2% | 0.17% | vs |
| MidCountry BankBank Minneapolis, MN | 72 out of 100, Strong | $1.1B | 13.0% | 0.90% | vs |
| The Wanda State BankBank Wanda, MN | 71 out of 100, Strong | $229.8M | 12.1% | 1.12% | vs |
| Bank MidwestBank Spirit Lake, IA | 69 out of 100, Moderate | $1.3B | 10.2% | 0.42% | vs |
| United Prairie BankBank Mountain Lake, MN | 66 out of 100, Moderate | $939.3M | 9.7% | 0.66% | vs |