Welcome State Bank is a state-chartered bank (fed member) headquartered in Welcome, Minnesota, in business for about 113 years. At the end of Q2 2026 it reported $44.3M in total assets and $38.1M in deposits, with 1 office.
Based on its Q2 2026 filing, Welcome State Bank scores 90/100, which we describe as very strong. That is higher than 89% of 546 banks with under $100 million in assets. Among 223 banks headquartered in Minnesota, it ranks 11th. Its strongest component is loan quality (100/100; 0.00%), and its lowest is capital cushion (78/100; 12.81%).
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 3 points (87 → 90), mostly because the capital cushion component improved by 8 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 87 |
| Q3 2024 | 84 |
| Q4 2024 | 87 |
| Q1 2025 | 87 |
| Q2 2025 | 87 |
| Q3 2025 | 89 |
| Q4 2025 | 89 |
| Q1 2026 | 91 |
| Q2 2026 | 90 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 11.75% |
| Q3 2024 | 12.05% |
| Q4 2024 | 11.64% |
| Q1 2025 | 11.78% |
| Q2 2025 | 12.03% |
| Q3 2025 | 12.31% |
| Q4 2025 | 12.15% |
| Q1 2026 | 12.79% |
| Q2 2026 | 12.81% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.02% |
| Q3 2024 | 0.49% |
| Q4 2024 | 0.01% |
| Q1 2025 | 0.03% |
| Q2 2025 | 0.03% |
| 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 | 2.61% |
| Q3 2024 | 2.64% |
| Q4 2024 | 2.08% |
| Q1 2025 | 2.44% |
| Q2 2025 | 2.67% |
| Q3 2025 | 2.59% |
| Q4 2025 | 2.29% |
| Q1 2026 | 2.94% |
| Q2 2026 | 2.94% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 90 | $44.3M | 12.81% | 0.00% | 2.94% | 79.0% |
| Q1 2026 | 91 | $44.4M | 12.79% | 0.00% | 2.94% | 76.2% |
| Q4 2025 | 89 | $44.2M | 12.15% | 0.00% | 2.29% | 75.2% |
| Q3 2025 | 89 | $43.8M | 12.31% | 0.00% | 2.59% | 77.5% |
| Q2 2025 | 87 | $42.8M | 12.03% | 0.03% | 2.67% | 81.2% |
| Q1 2025 | 87 | $43.4M | 11.78% | 0.03% | 2.44% | 74.2% |
| Q4 2024 | 87 | $42.5M | 11.64% | 0.01% | 2.08% | 73.7% |
| Q3 2024 | 84 | $40.4M | 12.05% | 0.49% | 2.64% | 74.3% |
| Q2 2024 | 87 | $39.5M | 11.75% | 0.02% | 2.61% | 78.9% |
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 |
|---|---|---|---|---|---|
| Marshall County State BankBank Newfolden, MN | 95 out of 100, Very strong | $45.4M | 15.8% | 0.00% | vs |
| State Bank of BellinghamBank Bellingham, MN | 62 out of 100, Moderate | $46.4M | 14.8% | 2.50% | vs |
| State Bank of TauntonBank Taunton, MN | 55 out of 100, Moderate | $46.6M | 13.4% | 4.06% | vs |
| State Bank of Lake ParkBank Lake Park, MN | 69 out of 100, Moderate | $47.0M | 11.0% | 1.52% | vs |
| The First National Bank of McIntoshBank Mcintosh, MN | 86 out of 100, Very strong | $47.0M | 20.2% | 1.16% | vs |
| Farmers and Merchants State Bank of AlphaBank Alpha, MN | 46 out of 100, Below average | $47.4M | 11.1% | 4.15% | vs |
Deposit insurance
Is my money safe at Welcome State Bank?
Yes. Welcome State Bank is an FDIC-insured institution (FDIC certificate #11417). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 16.1% of deposits ($6.1M) are above the $250,000 FDIC insurance limit, close to the peer median of 16%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 12.81%, 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%).
1 location
Branches
Welcome State Bank lists 1 office in 1 city. Most locations:
- Welcome, MN (1)
Identity & history
Profile
- Legal name
- Welcome State Bank
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 11417
- RSSD ID
- 215653
- Primary regulator
- FED
- Holding company
- Welcome Bancshares Inc
- Established
- January 1, 1913
- Headquarters
- 111 Guide St N, Welcome, MN 56181
- Website
- www.welcomestatebank.com
- Employees
- 7
Quick answers
Welcome State Bank: common questions
Is Welcome State Bank FDIC insured?
Yes. Welcome State Bank is an FDIC-insured institution (FDIC certificate #11417). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Welcome State Bank's TellerScore?
90 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 Welcome State Bank ever failed?
There is no failure record for FDIC certificate #11417 in the FDIC failed bank list.
How many branches does Welcome State Bank have?
1 office as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Welcome
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Citizens Community Credit UnionCredit union Fort Dodge, IA | 88 out of 100, Very strong | $253.6M | 19.1% | 0.73% | vs |
| First State BankBank Webster City, IA | 81 out of 100, Strong | $674.3M | 12.4% | 0.12% | vs |
| Worthington Federal Savings Bank, FSBBank Worthington, MN | 80 out of 100, Strong | $135.4M | 14.8% | 0.65% | vs |
| Profinium, Inc.Bank Truman, MN | 72 out of 100, Strong | $533.1M | 10.2% | 0.13% | vs |
| Bank PlusBank Estherville, IA | 72 out of 100, Strong | $144.6M | 10.7% | 0.00% | vs |
| Farmers State Bank of TrimontBank Trimont, MN | 70 out of 100, Strong | $73.1M | 17.4% | 1.05% | vs |