RANKING ·
Fastest loan growth in Minnesota
203 of 225 banks in Minnesota that filed for the quarter ended June 30, 2026 are ranked. Loans of at least $25 million a year earlier; probable mergers left out. Institutions with equal values share a rank. Source: FDIC quarterly financial data.
| Rank | Institution | Headquarters | Loans, change over 12 months | Total assets |
|---|---|---|---|---|
| 1 | Versabank USA N.A. | Holdingford, MN | +387.3% | $912 million |
| 2 | Ameriprise Bank FSB | Minneapolis, MN | +71.8% | $25.5 billion |
| 3 | Grand Marais State Bank | Grand Marais, MN | +68.1% | $207 million |
| 4 | Global Innovations Bank | Kiester, MN | +58.5% | $120 million |
| 5 | Harvest Bank | Kimball, MN | +55.9% | $355 million |
| 6 | Prinsbank | Prinsburg, MN | +44.3% | $308 million |
| 7 | Entrebank | Bloomington, MN | +42.0% | $527 million |
| 8 | Scale Bank | Edina, MN | +34.3% | $627 million |
| 9 | Luminate Bank | Minneapolis, MN | +34.1% | $555 million |
| 10 | Randall State Bank | Randall, MN | +27.7% | $76.4 million |
| 11 | Sentry Bank | Saint Joseph, MN | +27.5% | $415 million |
| 12 | The First National Bank of Bemidji | Bemidji, MN | +27.5% | $1.1 billion |
| 13 | United Minnesota Bank | New London, MN | +24.5% | $56.9 million |
| 14 | Hometown Bank | Carver, MN | +23.3% | $692 million |
| 15 | First Independent Bank | Russell, MN | +22.6% | $632 million |
| 16 | Worthington Federal Savings Bank, F.S.B. | Worthington, MN | +20.1% | $135 million |
| 17 | Midwest Bank | Detroit Lakes, MN | +19.7% | $985 million |
| 18 | Western National Bank | Duluth, MN | +18.2% | $136 million |
| 19 | Vergas State Bank | Vergas, MN | +18.1% | $60.7 million |
| 20 | Fm Bank | Waseca, MN | +16.3% | $738 million |
| 21 | Sherburne State Bank | Becker, MN | +16.1% | $351 million |
| 22 | Grove Bank | Grove City, MN | +14.0% | $56.4 million |
| 23 | Vantage Bank | Kent, MN | +13.9% | $85.0 million |
| 24 | Security State Bank of Aitkin | Aitkin, MN | +13.6% | $114 million |
| 25 | Farmers & Merchants State Bank of New York Mills, Incorporated | New York Mills, MN | +13.0% | $83.5 million |
| 26 | Viking Bank N.A. | Alexandria, MN | +13.0% | $330 million |
| 27 | State Bank of Cold Spring | Cold Spring, MN | +12.5% | $81.7 million |
| 28 | Heritage Bank Minnesota | West Concord, MN | +12.5% | $121 million |
| 29 | Peoples State Bank of Plainview | Plainview, MN | +12.3% | $429 million |
| 30 | Community Bank Owatonna | Owatonna, MN | +12.3% | $103 million |
| 31 | Produce State Bank | Hollandale, MN | +12.0% | $107 million |
| 32 | Lakeview Bank | Lakeville, MN | +11.5% | $218 million |
| 33 | Center National Bank | Litchfield, MN | +11.3% | $243 million |
| 34 | Northview Bank | Sandstone, MN | +10.4% | $470 million |
| 35 | First National Bank North | Walker, MN | +10.4% | $864 million |
| 36 | Farmers and Merchants State Bank of Pierz | Pierz, MN | +10.4% | $336 million |
| 37 | First Southeast Bank | Harmony, MN | +10.4% | $158 million |
| 38 | Prime Security Bank | Karlstad, MN | +10.3% | $154 million |
| 39 | Security State Bank of Wanamingo, Incorporated | Wanamingo, MN | +10.1% | $113 million |
| 40 | Lake Region Bank | New London, MN | +10.0% | $153 million |
| 41 | Bankcherokee | Saint Paul, MN | +9.9% | $402 million |
| 42 | North Shore Bank of Commerce | Duluth, MN | +9.8% | $599 million |
| 43 | 21st Century Bank | Loretto, MN | +9.5% | $895 million |
| 44 | The Citizens National Bank of Park Rapids | Park Rapids, MN | +9.5% | $397 million |
| 45 | First State Bank Minnesota | Le Roy, MN | +9.4% | $106 million |
| 46 | Granite Bank | Cold Spring, MN | +9.3% | $353 million |
| 47 | Minnstar Bank N.A. | Lake Crystal, MN | +9.2% | $204 million |
| 48 | First State Bank of Le Center | Le Center, MN | +9.2% | $110 million |
| 49 | Woodland Bank | Deer River, MN | +9.1% | $177 million |
| 50 | Keen Bank N.A. | Waseca, MN | +8.9% | $201 million |
| 51 | The First National Bank of Milaca | Milaca, MN | +8.8% | $293 million |
| 52 | First National Bank | Bagley, MN | +8.8% | $129 million |
| 53 | Hometown Community Bank | Cyrus, MN | +8.6% | $106 million |
| 54 | Lake Central Bank | Annandale, MN | +8.5% | $291 million |
| 55 | Security State Bank of Hibbing | Hibbing, MN | +8.4% | $152 million |
| 56 | The Bank of Elk River | Elk River, MN | +8.3% | $719 million |
| 57 | Premier Bank | Maplewood, MN | +8.3% | $1.2 billion |
| 58 | Key Community Bank | Inver Grove Heig, MN | +8.2% | $121 million |
| 59 | The First National Bank of Gilbert | Gilbert, MN | +8.0% | $86.0 million |
| 60 | Pine Country Bank | Little Falls, MN | +8.0% | $380 million |
| 61 | Security Bank USA | Bemidji, MN | +7.9% | $264 million |
| 62 | First Farmers & Merchants National Bank | Luverne, MN | +7.8% | $243 million |
| 63 | Triumph State Bank | Trimont, MN | +7.7% | $93.3 million |
| 64 | Bonanza Valley State Bank | Brooten, MN | +7.6% | $74.8 million |
| 65 | Farmers State Bank of Underwood | Underwood, MN | +7.6% | $114 million |
| 66 | Union Bank and Trust Company | Minneapolis, MN | +7.5% | $253 million |
| 67 | Bankwest | Rockford, MN | +7.4% | $240 million |
| 68 | Ultima Bank Minnesota | Winger, MN | +7.4% | $334 million |
| 69 | Citizens State Bank of Roseau | Roseau, MN | +7.4% | $291 million |
| 70 | Security State Bank of Kenyon | Kenyon, MN | +7.4% | $72.2 million |
| 71 | Minnesota First Credit and Savings, Incorporated | Rochester, MN | +7.3% | $29.9 million |
| 72 | First Farmers & Merchants National Bank | Fairmont, MN | +7.3% | $140 million |
| 73 | The First National Bank of Henning | Ottertail, MN | +7.2% | $423 million |
| 74 | First Farmers & Merchants State Bank of Grand Meadow | Grand Meadow, MN | +6.9% | $93.0 million |
| 75 | Northwestern Bank N.A. | Dilworth, MN | +6.9% | $165 million |
| 76 | Perennial Bank | Darwin, MN | +6.9% | $158 million |
| 77 | Bridgewater Bank | Saint Louis Park, MN | +6.8% | $5.4 billion |
| 78 | Platinum Bank | Oakdale, MN | +6.5% | $739 million |
| 79 | Lake Elmo Bank | Lake Elmo, MN | +6.5% | $530 million |
| 80 | Minnwest Bank | Redwood Falls, MN | +6.4% | $2.9 billion |
| 81 | Arcadian Bank | Hartland, MN | +6.3% | $242 million |
| 82 | Alliance Bank | Lake City, MN | +6.1% | $756 million |
| 83 | Tradition Capital Bank | Wayzata, MN | +6.1% | $2.7 billion |
| 84 | The First National Bank of Osakis | Osakis, MN | +5.9% | $97.6 million |
| 85 | Valley Premier Bank | Hawley, MN | +5.8% | $141 million |
| 86 | New Market Bank | Elko New Market, MN | +5.7% | $196 million |
| 87 | The First National Bank of Le Center | Lonsdale, MN | +5.7% | $178 million |
| 88 | Farmers and Merchants State Bank of Alpha | Alpha, MN | +5.6% | $47.4 million |
| 89 | State Bank of Chandler | Chandler, MN | +5.6% | $68.7 million |
| 90 | Esb Bank | Caledonia, MN | +5.5% | $209 million |
| 91 | Saint Clair State Bank (Incorporated) | Saint Clair, MN | +5.4% | $134 million |
| 92 | Village Bank | Saint Francis, MN | +5.2% | $412 million |
| 93 | Northern State Bank of Virginia | Virginia, MN | +5.1% | $102 million |
| 94 | Security Bank & Trust Company | Glencoe, MN | +5.1% | $1.3 billion |
| 95 | Pine River State Bank | Pine River, MN | +5.1% | $185 million |
| 96 | First Farmers & Merchants Bank | Cannon Falls, MN | +5.0% | $486 million |
| 97 | Bankvista | Sartell, MN | +4.9% | $651 million |
| 98 | Reliance Bank | Faribault, MN | +4.9% | $334 million |
| 99 | First State Bank and Trust | Bayport, MN | +4.8% | $499 million |
| 100 | Security State Bank of Marine | Marine on St. Cr, MN | +4.8% | $233 million |
Rankings sort one published measure; they are not an overall judgment of any institution. Methodology · All rankings