Wadena State Bank (FDIC certificate #13430) is based in Wadena, Minnesota. Its Q2 2026 call report shows $206.6M in total assets and $187.9M in deposits and 4 offices.
Wadena State Bank 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 33rd. Loan quality contributes the most (99/100, 0.04%); capital cushion contributes the least (48/100, 9.84%).
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 (73 → 81), mostly because the loan quality component improved by 15 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 81 |
| Q3 2024 | 82 |
| Q4 2024 | 78 |
| Q1 2025 | 77 |
| Q2 2025 | 73 |
| Q3 2025 | 77 |
| Q4 2025 | 81 |
| Q1 2026 | 74 |
| Q2 2026 | 81 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.11% |
| Q3 2024 | 9.90% |
| Q4 2024 | 10.11% |
| Q1 2025 | 9.50% |
| Q2 2025 | 9.55% |
| Q3 2025 | 9.76% |
| Q4 2025 | 10.18% |
| Q1 2026 | 9.48% |
| Q2 2026 | 9.84% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.19% |
| Q3 2024 | 0.00% |
| Q4 2024 | 0.39% |
| Q1 2025 | 0.05% |
| Q2 2025 | 0.47% |
| Q3 2025 | 0.23% |
| Q4 2025 | 0.10% |
| Q1 2026 | 0.39% |
| Q2 2026 | 0.04% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.88% |
| Q3 2024 | 1.88% |
| Q4 2024 | 1.79% |
| Q1 2025 | 1.43% |
| Q2 2025 | 1.53% |
| Q3 2025 | 1.57% |
| Q4 2025 | 1.73% |
| Q1 2026 | 1.59% |
| Q2 2026 | 1.85% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 81 | $206.6M | 9.84% | 0.04% | 1.85% | 69.4% |
| Q1 2026 | 74 | $204.5M | 9.48% | 0.39% | 1.59% | 72.8% |
| Q4 2025 | 81 | $206.0M | 10.18% | 0.10% | 1.73% | 71.4% |
| Q3 2025 | 77 | $208.5M | 9.76% | 0.23% | 1.57% | 70.6% |
| Q2 2025 | 73 | $204.5M | 9.55% | 0.47% | 1.53% | 73.1% |
| Q1 2025 | 77 | $200.8M | 9.50% | 0.05% | 1.43% | 70.3% |
| Q4 2024 | 78 | $201.6M | 10.11% | 0.39% | 1.79% | 70.8% |
| Q3 2024 | 82 | $205.0M | 9.90% | 0.00% | 1.88% | 69.3% |
| Q2 2024 | 81 | $199.9M | 10.11% | 0.19% | 1.88% | 67.1% |
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 |
|---|---|---|---|---|---|
| Grand Marais State BankBank Grand Marais, MN | 75 out of 100, Strong | $207.2M | 8.4% | 0.10% | vs |
| ESB BankBank Caledonia, MN | 65 out of 100, Moderate | $208.9M | 9.2% | 0.87% | vs |
| Minnstar Bank National AssociationBank Lake Crystal, MN | 70 out of 100, Strong | $204.0M | 10.4% | 0.36% | vs |
| F & M Community Bank, National AssociationBank Preston, MN | 74 out of 100, Strong | $211.1M | 9.9% | 0.00% | vs |
| Keen Bank, National AssociationBank Waseca, MN | 76 out of 100, Strong | $201.1M | 8.4% | 0.06% | vs |
| Farmers State Bank of HamelBank Hamel, MN | 72 out of 100, Strong | $198.3M | 9.5% | 0.00% | vs |
Deposit insurance
Is my money safe at Wadena State Bank?
Yes. Wadena State Bank is an FDIC-insured institution (FDIC certificate #13430). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 13.1% of deposits ($24.7M) 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 9.84%, 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%).
4 locations
Branches
Wadena State Bank lists 3 offices in 3 cities. Most locations:
- Bluffton, MN (1)
- Deer Creek, MN (1)
- Wadena, MN (1)
Identity & history
Profile
- Legal name
- Wadena State Bank
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 13430
- RSSD ID
- 210256
- Primary regulator
- FED
- Holding company
- Wadena Bankshares Inc
- Established
- January 1, 1917
- Headquarters
- 304 1st St Se, Wadena, MN 56482
- Website
- www.wadenastatebank.com
- Employees
- 31
Quick answers
Wadena State Bank: common questions
Is Wadena State Bank FDIC insured?
Yes. Wadena State Bank is an FDIC-insured institution (FDIC certificate #13430). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Wadena State Bank'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 Wadena State Bank ever failed?
There is no failure record for FDIC certificate #13430 in the FDIC failed bank list.
How many branches does Wadena State Bank have?
4 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Wadena
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Community First BankBank Menahga, MN | 90 out of 100, Very strong | $126.5M | 12.8% | 0.28% | vs |
| Mid-Central National BankBank Wadena, MN | 77 out of 100, Strong | $117.1M | 14.9% | 0.76% | vs |
| Midwest BankBank Detroit Lakes, MN | 74 out of 100, Strong | $984.5M | 9.8% | 0.05% | vs |
| Magnifi Financial Credit UnionCredit union Melrose, MN | 68 out of 100, Moderate | $2.8B | 11.0% | 0.21% | vs |
| Mid Minnesota Federal Credit UnionCredit union Baxter, MN | 67 out of 100, Moderate | $858.0M | 9.3% | 0.43% | vs |
| Farmers & Merchants State Bank of New York Mills, IncorporatedBank New York Mills, MN | 64 out of 100, Moderate | $83.5M | 13.3% | 2.28% | vs |