Headquartered in Wanda, Minnesota, The Wanda State Bank is a state-chartered bank with $229.8M in total assets and $201.3M in deposits as of Q2 2026. It operates 2 offices. Its charter dates back to 1932.
Based on its Q2 2026 filing, The Wanda State Bank 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 98th. Its strongest component is funding & liquidity (93/100; 68% loans-to-deposits, 13% uninsured), and its lowest is earnings (54/100; 0.85%).
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 fell 8 points (79 → 71), mostly because the loan quality component weakened by 34 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 82 |
| Q3 2024 | 75 |
| Q4 2024 | 80 |
| Q1 2025 | 85 |
| Q2 2025 | 79 |
| Q3 2025 | 72 |
| Q4 2025 | 74 |
| Q1 2026 | 74 |
| Q2 2026 | 71 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 15.81% |
| Q3 2024 | 15.52% |
| Q4 2024 | 15.41% |
| Q1 2025 | 15.13% |
| Q2 2025 | 12.44% |
| Q3 2025 | 11.90% |
| Q4 2025 | 11.70% |
| Q1 2026 | 11.65% |
| Q2 2026 | 12.12% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.62% |
| Q3 2024 | 1.26% |
| Q4 2024 | 0.86% |
| Q1 2025 | 0.25% |
| Q2 2025 | 0.09% |
| Q3 2025 | 0.77% |
| Q4 2025 | 0.44% |
| Q1 2026 | 0.58% |
| Q2 2026 | 1.12% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.53% |
| Q3 2024 | 0.46% |
| Q4 2024 | 0.63% |
| Q1 2025 | 0.47% |
| Q2 2025 | 0.54% |
| Q3 2025 | 0.70% |
| Q4 2025 | 0.62% |
| Q1 2026 | 0.81% |
| Q2 2026 | 0.85% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 71 | $229.8M | 12.12% | 1.12% | 0.85% | 67.7% |
| Q1 2026 | 74 | $236.2M | 11.65% | 0.58% | 0.81% | 65.2% |
| Q4 2025 | 74 | $234.1M | 11.70% | 0.44% | 0.62% | 67.5% |
| Q3 2025 | 72 | $228.6M | 11.90% | 0.77% | 0.70% | 64.9% |
| Q2 2025 | 79 | $220.9M | 12.44% | 0.09% | 0.54% | 67.7% |
| Q1 2025 | 85 | $187.3M | 15.13% | 0.25% | 0.47% | 65.8% |
| Q4 2024 | 80 | $183.0M | 15.41% | 0.86% | 0.63% | 67.0% |
| Q3 2024 | 75 | $181.1M | 15.52% | 1.26% | 0.46% | 66.6% |
| Q2 2024 | 82 | $178.5M | 15.81% | 0.62% | 0.53% | 66.7% |
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 |
|---|---|---|---|---|---|
| Security State Bank of MarineBank Marine On St. Croix, MN | 82 out of 100, Strong | $232.5M | 10.9% | 0.13% | vs |
| Eagle BankBank Glenwood, MN | 89 out of 100, Very strong | $226.9M | 14.3% | 0.58% | vs |
| United Farmers State BankBank Adams, MN | 75 out of 100, Strong | $233.8M | 10.3% | 0.33% | vs |
| Commerce BankBank Geneva, MN | 78 out of 100, Strong | $220.0M | 13.9% | 0.60% | vs |
| BankwestBank Rockford, MN | 76 out of 100, Strong | $239.9M | 9.5% | 0.08% | vs |
| Home State BankBank Litchfield, MN | 83 out of 100, Strong | $218.9M | 11.8% | 0.08% | vs |
Deposit insurance
Is my money safe at The Wanda State Bank?
Yes. The Wanda State Bank is an FDIC-insured institution (FDIC certificate #1908). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 12.8% of deposits ($25.7M) 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 12.12%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
2 locations
Branches
The Wanda State Bank lists 2 offices in 2 cities. Most locations:
- Franklin, MN (1)
- Wanda, MN (1)
Identity & history
Profile
- Legal name
- The Wanda State Bank
- Type
- State-chartered bank
- FDIC certificate #
- 1908
- RSSD ID
- 190956
- Primary regulator
- FDIC
- Established
- June 1, 1932
- Headquarters
- 121 W Main St, Wanda, MN 56294
- Website
- www.wandastatebank.com
- Employees
- 19
Quick answers
The Wanda State Bank: common questions
Is The Wanda State Bank FDIC insured?
Yes. The Wanda State Bank is an FDIC-insured institution (FDIC certificate #1908). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is The Wanda State Bank'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 Wanda State Bank ever failed?
There is no failure record for FDIC certificate #1908 in the FDIC failed bank list.
How many branches does The Wanda State Bank have?
2 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Wanda
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| State Bank of JeffersBank Jeffers, MN | 97 out of 100, Very strong | $37.1M | 14.1% | 0.00% | vs |
| First Independent BankBank Russell, MN | 76 out of 100, Strong | $632.3M | 9.9% | 0.14% | vs |
| 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 |
| Bank MidwestBank Spirit Lake, IA | 69 out of 100, Moderate | $1.3B | 10.2% | 0.42% | vs |