The State Bank of Faribault is a state-chartered bank headquartered in Faribault, Minnesota, in business for about 107 years. At the end of Q2 2026 it reported $329.2M in total assets and $301.4M in deposits, with 3 offices.
Based on its Q2 2026 filing, The State Bank of Faribault scores 71/100, which we describe as strong. That is higher than only 47% of 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 96th. Its strongest component is loan quality (96/100; 0.13%), and its lowest is capital cushion (43/100; 9.31%).
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 8 points (63 → 71), mostly because the loan quality component improved by 19 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 67 |
| Q3 2024 | 68 |
| Q4 2024 | 68 |
| Q1 2025 | 69 |
| Q2 2025 | 63 |
| Q3 2025 | 64 |
| Q4 2025 | 62 |
| Q1 2026 | 66 |
| Q2 2026 | 71 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 8.81% |
| Q3 2024 | 8.93% |
| Q4 2024 | 8.85% |
| Q1 2025 | 8.99% |
| Q2 2025 | 8.94% |
| Q3 2025 | 8.95% |
| Q4 2025 | 8.96% |
| Q1 2026 | 9.31% |
| Q2 2026 | 9.31% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.00% |
| Q3 2024 | 0.00% |
| Q4 2024 | 0.05% |
| Q1 2025 | 0.02% |
| Q2 2025 | 0.68% |
| Q3 2025 | 0.62% |
| Q4 2025 | 0.75% |
| Q1 2026 | 0.82% |
| Q2 2026 | 0.13% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.46% |
| Q3 2024 | 0.57% |
| Q4 2024 | 0.63% |
| Q1 2025 | 0.71% |
| Q2 2025 | 0.73% |
| Q3 2025 | 0.84% |
| Q4 2025 | 0.72% |
| Q1 2026 | 1.16% |
| Q2 2026 | 1.14% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 71 | $329.2M | 9.31% | 0.13% | 1.14% | 58.4% |
| Q1 2026 | 66 | $323.2M | 9.31% | 0.82% | 1.16% | 59.9% |
| Q4 2025 | 62 | $316.2M | 8.96% | 0.75% | 0.72% | 61.2% |
| Q3 2025 | 64 | $322.0M | 8.95% | 0.62% | 0.84% | 58.0% |
| Q2 2025 | 63 | $313.3M | 8.94% | 0.68% | 0.73% | 60.1% |
| Q1 2025 | 69 | $312.2M | 8.99% | 0.02% | 0.71% | 57.7% |
| Q4 2024 | 68 | $308.1M | 8.85% | 0.05% | 0.63% | 57.9% |
| Q3 2024 | 68 | $306.3M | 8.93% | 0.00% | 0.57% | 57.9% |
| Q2 2024 | 67 | $303.8M | 8.81% | 0.00% | 0.46% | 56.9% |
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 |
|---|---|---|---|---|---|
| Citizens Bank & Trust Co.Bank Hutchinson, MN | 69 out of 100, Moderate | $329.0M | 8.6% | 0.26% | vs |
| Viking Bank, National AssociationBank Alexandria, MN | 70 out of 100, Strong | $330.3M | 9.2% | 0.53% | vs |
| Woodlands National BankBank Hinckley, MN | 62 out of 100, Moderate | $331.0M | 11.2% | 1.42% | vs |
| Ultima Bank MinnesotaBank Winger, MN | 72 out of 100, Strong | $333.9M | 10.8% | 0.62% | vs |
| Reliance BankBank Faribault, MN | 65 out of 100, Moderate | $334.1M | 9.0% | 0.25% | vs |
| First Bank Blue EarthBank Blue Earth, MN | 64 out of 100, Moderate | $322.7M | 9.5% | 0.39% | vs |
Deposit insurance
Is my money safe at The State Bank of Faribault?
Yes. The State Bank of Faribault is an FDIC-insured institution (FDIC certificate #1610). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 28.7% of deposits ($86.6M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 9.31%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.11% (benchmark: 10%).
3 locations
Branches
The State Bank of Faribault lists 3 offices in 2 cities. Most locations:
- Faribault, MN (2)
- Prior Lake, MN (1)
Identity & history
Profile
- Legal name
- The State Bank of Faribault
- Former names
- Faribault State Bank & Trust Co.
- Type
- State-chartered bank
- FDIC certificate #
- 1610
- RSSD ID
- 46053
- Primary regulator
- FDIC
- Holding company
- Faribault Bancshares Inc
- Established
- November 14, 1919
- Headquarters
- 428 Central Ave N, Faribault, MN 55021
- Website
- www.tsbf.com
- Employees
- 45
Quick answers
The State Bank of Faribault: common questions
Is The State Bank of Faribault FDIC insured?
Yes. The State Bank of Faribault is an FDIC-insured institution (FDIC certificate #1610). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is The State Bank of Faribault's TellerScore?
71 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 State Bank of Faribault ever failed?
There is no failure record for FDIC certificate #1610 in the FDIC failed bank list.
How many branches does The State Bank of Faribault have?
3 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Faribault
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Castle Rock BankBank Castle Rock, MN | 93 out of 100, Very strong | $293.5M | 14.2% | 0.01% | vs |
| Federated Employees Credit UnionCredit union Owatonna, MN | 82 out of 100, Strong | $66.7M | 13.2% | 0.19% | vs |
| Premier Bank MinnesotaBank Hastings, MN | 77 out of 100, Strong | $691.5M | 10.0% | 0.04% | vs |
| First Farmers & Merchants BankBank Cannon Falls, MN | 77 out of 100, Strong | $486.4M | 10.1% | 0.01% | vs |
| Security State Bank of KenyonBank Kenyon, MN | 76 out of 100, Strong | $72.2M | 12.6% | 0.36% | vs |
| Keen Bank, National AssociationBank Waseca, MN | 76 out of 100, Strong | $201.1M | 8.4% | 0.06% | vs |