RANKING ·
Highest return on assets in Minnesota
169 of 225 banks in Minnesota that filed for the quarter ended June 30, 2026 are ranked. At least $100 million in total assets. Institutions with equal values share a rank. Source: FDIC quarterly financial data.
| Rank | Institution | Headquarters | Annualized return on assets for the quarter | Total assets |
|---|---|---|---|---|
| 1 | Prinsbank | Prinsburg, MN | 4.38% | $308 million |
| 2 | Luminate Bank | Minneapolis, MN | 3.06% | $555 million |
| 3 | Ameriprise Bank FSB | Minneapolis, MN | 3.05% | $25.5 billion |
| 4 | Scale Bank | Edina, MN | 2.79% | $627 million |
| 5 | Eagle Bank | Glenwood, MN | 2.64% | $227 million |
| 6 | Grand Rapids State Bank | Grand Rapids, MN | 2.63% | $261 million |
| 7 | First National Bank North | Walker, MN | 2.59% | $864 million |
| 8 | Vermillion State Bank | Vermillion, MN | 2.59% | $931 million |
| 9 | Midwest Bank | Detroit Lakes, MN | 2.59% | $985 million |
| 10 | Northwestern Bank N.A. | Dilworth, MN | 2.41% | $165 million |
| 11 | Security State Bank of Marine | Marine on St. Cr, MN | 2.41% | $233 million |
| 12 | Lake Central Bank | Annandale, MN | 2.40% | $291 million |
| 13 | North American Banking Company | Roseville, MN | 2.38% | $1.5 billion |
| 14 | Gateway Bank | Mendota Heights, MN | 2.32% | $320 million |
| 15 | Red River State Bank | Halstad, MN | 2.24% | $110 million |
| 16 | Arcadian Bank | Hartland, MN | 2.23% | $242 million |
| 17 | Saint Clair State Bank (Incorporated) | Saint Clair, MN | 2.20% | $134 million |
| 18 | The First National Bank of Moose Lake | Moose Lake, MN | 2.18% | $134 million |
| 19 | Wadena State Bank | Wadena, MN | 2.12% | $207 million |
| 20 | Farmers and Merchants State Bank of Pierz | Pierz, MN | 2.11% | $336 million |
| 21 | Keen Bank N.A. | Waseca, MN | 2.11% | $201 million |
| 22 | Stearns Bank N.A. | Saint Cloud, MN | 2.09% | $3.3 billion |
| 23 | First State Bank Minnesota | Le Roy, MN | 2.08% | $106 million |
| 24 | Sherburne State Bank | Becker, MN | 2.07% | $351 million |
| 25 | Global Innovations Bank | Kiester, MN | 2.05% | $120 million |
| 26 | Security State Bank of Wanamingo, Incorporated | Wanamingo, MN | 2.05% | $113 million |
| 27 | Security Bank & Trust Company | Glencoe, MN | 2.03% | $1.3 billion |
| 28 | The First National Bank of Milaca | Milaca, MN | 2.02% | $293 million |
| 29 | Lake Region Bank | New London, MN | 2.01% | $153 million |
| 30 | United Farmers State Bank | Adams, MN | 2.01% | $234 million |
| 31 | Frandsen Bank & Trust | Lonsdale, MN | 2.01% | $3.7 billion |
| 32 | Grand Marais State Bank | Grand Marais, MN | 1.98% | $207 million |
| 33 | First State Bank and Trust | Bayport, MN | 1.95% | $499 million |
| 34 | 21st Century Bank | Loretto, MN | 1.95% | $895 million |
| 35 | First State Bank of Le Center | Le Center, MN | 1.92% | $110 million |
| 36 | Premier Bank | Maplewood, MN | 1.91% | $1.2 billion |
| 37 | Ultima Bank Minnesota | Winger, MN | 1.89% | $334 million |
| 38 | Security Bank USA | Bemidji, MN | 1.86% | $264 million |
| 39 | Premier Bank Minnesota | Hastings, MN | 1.86% | $691 million |
| 40 | Visionbank | Saint Louis Park, MN | 1.86% | $254 million |
| 41 | Lake Elmo Bank | Lake Elmo, MN | 1.85% | $530 million |
| 42 | State Bank of New Richland | New Richland, MN | 1.82% | $124 million |
| 43 | Viking Bank N.A. | Alexandria, MN | 1.81% | $330 million |
| 44 | Hometown Community Bank | Cyrus, MN | 1.79% | $106 million |
| 45 | Minnesota National Bank | Sauk Centre, MN | 1.79% | $298 million |
| 46 | North Shore Bank of Commerce | Duluth, MN | 1.79% | $599 million |
| 47 | The Citizens National Bank of Park Rapids | Park Rapids, MN | 1.78% | $397 million |
| 48 | Deerwood Bank | Waite Park, MN | 1.78% | $1.5 billion |
| 49 | First Security Bank | Byron, MN | 1.76% | $162 million |
| 50 | Peoples State Bank of Plainview | Plainview, MN | 1.76% | $429 million |
| 51 | Glenwood State Bank (Incorporated) | Glenwood, MN | 1.76% | $545 million |
| 52 | United Bankers' Bank | Richfield, MN | 1.75% | $1.1 billion |
| 53 | Platinum Bank | Oakdale, MN | 1.72% | $739 million |
| 54 | First Independent Bank | Russell, MN | 1.70% | $632 million |
| 55 | First Southeast Bank | Harmony, MN | 1.69% | $158 million |
| 56 | Northview Bank | Sandstone, MN | 1.69% | $470 million |
| 57 | Community First Bank | Menahga, MN | 1.69% | $126 million |
| 58 | The First National Bank of Bemidji | Bemidji, MN | 1.68% | $1.1 billion |
| 59 | First Security Bank - Sleepy Eye | Sleepy Eye, MN | 1.68% | $183 million |
| 60 | Key Community Bank | Inver Grove Heig, MN | 1.67% | $121 million |
| 61 | Citizens State Bank Norwood Young America | Norwood Young Am, MN | 1.67% | $141 million |
| 62 | Cornerstone State Bank | Montgomery, MN | 1.67% | $247 million |
| 63 | Farmers State Bank of Underwood | Underwood, MN | 1.67% | $114 million |
| 64 | The First National Bank of Cokato | Cokato, MN | 1.65% | $138 million |
| 65 | State Bank of Fairmont | Fairmont, MN | 1.62% | $154 million |
| 66 | Citizens State Bank of Roseau | Roseau, MN | 1.62% | $291 million |
| 67 | Entrebank | Bloomington, MN | 1.62% | $527 million |
| 68 | Esb Bank | Caledonia, MN | 1.57% | $209 million |
| 69 | Granite Bank | Cold Spring, MN | 1.57% | $353 million |
| 70 | First Farmers & Merchants Bank | Cannon Falls, MN | 1.56% | $486 million |
| 71 | Minnesota Lakes Bank | Delano, MN | 1.53% | $130 million |
| 72 | Pioneer Bank | Mapleton, MN | 1.53% | $884 million |
| 73 | United Prairie Bank | Mountain Lake, MN | 1.53% | $939 million |
| 74 | Pine Country Bank | Little Falls, MN | 1.51% | $380 million |
| 75 | Center National Bank | Litchfield, MN | 1.51% | $243 million |
| 76 | Farmers & Merchants State Bank of Springfield | Springfield, MN | 1.50% | $140 million |
| 77 | Northeast Bank | Minneapolis, MN | 1.50% | $837 million |
| 78 | Bankwest | Rockford, MN | 1.48% | $240 million |
| 79 | The First National Bank of Henning | Ottertail, MN | 1.47% | $423 million |
| 80 | The First National Bank of Le Center | Lonsdale, MN | 1.45% | $178 million |
| 81 | Fm Bank | Waseca, MN | 1.43% | $738 million |
| 82 | Castle Rock Bank | Castle Rock, MN | 1.41% | $294 million |
| 83 | First State Bank Southwest | Pipestone, MN | 1.40% | $410 million |
| 84 | Prairie Sun Bank | Milan, MN | 1.40% | $107 million |
| 85 | First Farmers & Merchants National Bank | Luverne, MN | 1.39% | $243 million |
| 86 | Falcon National Bank | Foley, MN | 1.39% | $872 million |
| 87 | Valley Premier Bank | Hawley, MN | 1.39% | $141 million |
| 88 | Eagle Rock Bank | Rochester, MN | 1.37% | $508 million |
| 89 | American National Bank of Minnesota | Baxter, MN | 1.34% | $473 million |
| 90 | Sentry Bank | Saint Joseph, MN | 1.34% | $415 million |
| 91 | First National Bank Minnesota | Saint Peter, MN | 1.33% | $438 million |
| 92 | Produce State Bank | Hollandale, MN | 1.33% | $107 million |
| 93 | Versabank USA N.A. | Holdingford, MN | 1.32% | $912 million |
| 94 | Commerce Bank | Geneva, MN | 1.30% | $220 million |
| 95 | Security Bank Minnesota | Albert Lea, MN | 1.28% | $145 million |
| 96 | Citizens Bank & Trust Co., Hutchinson, Minn. | Hutchinson, MN | 1.27% | $329 million |
| 97 | Foresight Bank | Plainview, MN | 1.27% | $434 million |
| 98 | Star Bank | Maple Lake, MN | 1.27% | $446 million |
| 99 | First National Bank | Bagley, MN | 1.26% | $129 million |
| 100 | F & M Community Bank N.A. | Preston, MN | 1.26% | $211 million |
Rankings sort one published measure; they are not an overall judgment of any institution. Methodology · All rankings