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BankHealth

PREMIER BANK MINNESOTA

HASTINGS, MINNESOTA · FDIC Cert #33204

B
Health Score
77/100
$690M
Total Assets
$603M
Total Deposits
12.35%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, PREMIER BANK MINNESOTA holds a Tier 1 capital ratio of 12.35%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PREMIER BANK MINNESOTA has a strong buffer to absorb potential losses.

Key Financial Metrics

0.04%
Nonperforming Loans
Low — healthy loan portfolio
17.17%
Liquidity Ratio
Adequate liquidity
1.39%
Return on Assets
Profitable — earning well on assets
$603M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

PREMIER BANK MINNESOTA shows strong financial health indicators. With $690M in assets and a Health Score of 77/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

PREMIER BANK MINNESOTA has a Bank Health Score of B (77/100). It holds a Tier 1 capital ratio of 12.35%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

PREMIER BANK MINNESOTA holds $690M in total assets and $603M in total deposits. It is located in HASTINGS, MINNESOTA (FDIC Certificate #33204).

PREMIER BANK MINNESOTA has a Tier 1 capital ratio of 12.35%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.04%, and the return on assets is 1.39%.

Yes. PREMIER BANK MINNESOTA is FDIC-insured (Certificate #33204). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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