TellerScore

Headquartered in Milaca, Minnesota, The First National Bank of Milaca is a national bank with $293.2M in total assets and $259.8M in deposits as of Q2 2026. It operates 4 offices. Its charter dates back to 1897.

The First National Bank of Milaca has a TellerScore of 81 out of 100 (strong) based on Q2 2026 data — higher than 80% of its 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 32nd. Earnings contributes the most (98/100, 1.95%); capital cushion contributes the least (58/100, 10.77%).

TellerScore · Q2 2026

Scorecard

Capital cushion58/100
Tier 1 leverage ratio: 10.77%
Loan quality88/100
Noncurrent loans ÷ total loans: 0.37%
Earnings98/100
Return on assets (annualized): 1.95%
Funding & liquidity85/100
Loans ÷ deposits and uninsured-deposit share: 75.5% · 14.0% uninsured
Problem-loan coverage95/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 2.29%

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 11 points (70 → 81), mostly because the loan quality component improved by 22 points.

TellerScore
476481Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202448
Q3 202447
Q4 202456
Q1 202567
Q2 202570
Q3 202572
Q4 202576
Q1 202678
Q2 202681
Tier 1 leverage ratio
5.00%7.88%10.77%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202410.18%
Q3 20249.74%
Q4 20249.38%
Q1 20259.77%
Q2 202510.03%
Q3 202510.35%
Q4 202510.42%
Q1 202610.62%
Q2 202610.77%
Noncurrent loans
0.37%1.49%2.61%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20242.61%
Q3 20242.22%
Q4 20241.24%
Q1 20251.25%
Q2 20251.01%
Q3 20251.02%
Q4 20250.63%
Q1 20260.62%
Q2 20260.37%
Return on assets
0.21%1.08%1.95%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.76%
Q3 20240.29%
Q4 20240.21%
Q1 20251.47%
Q2 20251.61%
Q3 20251.66%
Q4 20251.62%
Q1 20261.89%
Q2 20261.95%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202681$293.2M10.77%0.37%1.95%75.5%
Q1 202678$285.8M10.62%0.62%1.89%72.5%
Q4 202576$283.9M10.42%0.63%1.62%71.5%
Q3 202572$286.0M10.35%1.02%1.66%70.3%
Q2 202570$280.6M10.03%1.01%1.61%72.8%
Q1 202567$281.2M9.77%1.25%1.47%68.5%
Q4 202456$275.3M9.38%1.24%0.21%68.9%
Q3 202447$275.3M9.74%2.22%0.29%70.9%
Q2 202448$269.4M10.18%2.61%0.76%71.6%

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 ratio10.77%
46th
Total risk-based capital18.48%
82nd
Problem loans0.37%
52nd
Net charge-offs-0.00%
80th
Return on assets1.95%
86th
Net interest margin4.58%
82nd
Efficiency ratio57.6%
64th
Loans to deposits75.5%
59th
Uninsured deposits14.0%
85th
Loan-loss reserves1.02%
29th
Texas ratio2.3%
55th

Similar-size banks in Minnesota

InstitutionScoreAssetsCapitalProblem loansCompare
Castle Rock BankBank Castle Rock, MN93 out of 100, Very strong$293.5M14.2%0.01%vs
Lake Central BankBank Annandale, MN86 out of 100, Very strong$291.3M11.2%0.04%vs
Citizens State Bank of RoseauBank Roseau, MN85 out of 100, Very strong$290.9M13.3%0.53%vs
Liberty Bank MinnesotaBank Saint Cloud, MN86 out of 100, Very strong$290.2M12.9%0.00%vs
Minnesota National BankBank Sauk Centre, MN70 out of 100, Strong$298.4M9.8%0.49%vs
PrinsBankBank Prinsburg, MN85 out of 100, Very strong$308.3M12.0%0.29%vs

Deposit insurance

Is my money safe at The First National Bank of Milaca?

Yes. The First National Bank of Milaca is an FDIC-insured institution (FDIC certificate #5198). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 14.0% of deposits ($36.4M) 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 10.77%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 18.48% (benchmark: 10%).

Check how much of your own balance is covered

4 locations

Branches

The First National Bank of Milaca lists 4 offices in 4 cities. Most locations:

  • Gilman, MN (1)
  • Isle, MN (1)
  • Milaca, MN (1)
  • Zimmerman, MN (1)

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, The First National Bank of Milaca reported 97 home-loan applications under HMDA (LEI 549300LX1HMON836J004): 73 originated ($11,455,000 total), 15 denied, and 9 withdrawn or closed by the applicant. Its denial rate on decided applications was 17.0%, 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
The First National Bank of Milaca
Type
National bank
FDIC certificate #
5198
RSSD ID
924357
Primary regulator
OCC
Holding company
Rum River Bcorp Inc
Established
August 24, 1897
Headquarters
190 2nd Ave Sw, Milaca, MN 56353
Employees
51

Quick answers

The First National Bank of Milaca: common questions

Is The First National Bank of Milaca FDIC insured?

Yes. The First National Bank of Milaca is an FDIC-insured institution (FDIC certificate #5198). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is The First National Bank of Milaca's TellerScore?

81 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 The First National Bank of Milaca ever failed?

There is no failure record for FDIC certificate #5198 in the FDIC failed bank list.

How many branches does The First National Bank of Milaca have?

4 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Milaca

InstitutionScoreAssetsCapitalProblem loansCompare
First Citizens BankBank Mason City, IA81 out of 100, Strong$1.8B12.0%0.16%vs
Sherburne BankBank Becker, MN78 out of 100, Strong$351.1M9.5%0.02%vs
Frandsen Bank & TrustBank Lonsdale, MN71 out of 100, Strong$3.7B10.0%0.71%vs
Minnco Credit UnionCredit union Cambridge, MN70 out of 100, Strong$604.7M9.9%0.44%vs
First Bank & TrustBank Brookings, SD70 out of 100, Strong$4.8B10.4%0.42%vs
Credit Union 1Credit union Lombard, IL68 out of 100, Moderate$2.9B10.9%1.35%vs