Updated April 2026 · FDIC Call Report Q2 2024
Banks in Minnesota
225 FDIC-insured banks are chartered in Minnesota, holding $118.1B in combined assets. The state-wide average Bank Health Score is 73/100 (B), built from quarterly FDIC Call Report data on capital, loan quality, liquidity, and profitability.
Across Minnesota, 225 FDIC-insured banks hold $118.1B in total assets. Average BankHealth composite score: 73/100 (average grade B). Moderate state-level scores typically reflect a healthy mix with some banks under pressure.
Top bank by assets: Welcome State Bank. 10 banks in Minnesota flagged as at-risk; the state-level rollup reflects average performance across the cohort. Each bank below links to its full BankHealth profile — Tier 1 capital ratio, non-performing loan ratio, liquidity ratio, ROA, multi-quarter trend, and the composite grade breakdown. Cross-bank comparisons within the same state are most useful when controlling for size class.
Minnesota's Banking Sector
Minnesota is one of the largest banking jurisdictions in the United States, with 225 FDIC-insured institutions chartered there and $118.1B in combined assets. The state hosts a full spectrum from megabanks down to single-branch community institutions, and likely contributes meaningfully to regulatory data the FDIC and OCC publish quarterly.
Banks in Minnesota post an average Bank Health Score of 73/100 (B) — solidly in B territory, broadly aligned with U.S. industry norms. Most banks in the state meet the regulatory "well-capitalized" threshold with material room to spare, though there is meaningful variation across individual institutions.
10 of 225 banks in Minnesota (about 4%) currently land in the at-risk tier on the current Call Report. That count is roughly in line with national norms, and reflects the natural tail of any large cohort rather than a state-specific concentration.
Healthiest Banks in Minnesota
Welcome State Bank
Lake Region Bank
Security State Bank of Oklee
First Security Bank-Hendrick
Ameriprise Bank FSB
Marshall County State Bank
Pine Country Bank
First Security Bank Canby
First Nb of Mcintosh
First Security Bk Sleepy Eye
Banks Showing Weakness in Minnesota
First State Bank of Bigfork
Currie State Bank
Falcon National Bank
Reliance Bank
Riverland Bank
Hometown Community Bank
Viking Bank National Assn
First Nb of le Center
Ultima Bank Minnesota
Randall State Bank
For Minnesota Depositors
FDIC insurance protects deposits at every bank on this page up to $250,000 per depositor, per insured bank, per ownership category — identical coverage regardless of state. The Bank Health Score ranks regulatory cushion across institutions; it is not a guarantee. Confirm your bank's FDIC status and your specific coverage at FDIC.gov before making changes.
Federal regulators — including the OCC for national charters and the FDIC for state-chartered insured banks — oversee the institutions on this page. Quarterly FFIEC Call Reports are public and provide line-item detail behind every metric here.
How These Scores Are Calculated
Every bank on this page earns a Bank Health Score from four FDIC Call Report inputs: Tier 1 capital ratio (35%), NPL ratio inverted (30%), liquidity ratio (25%), and return on assets (10%). The composite is reported as a 0–100 score and an A–F grade. Read the full methodology.
Frequently Asked Questions
How many banks are in Minnesota?
225 FDIC-insured banks are chartered in Minnesota, holding $118.1B in combined assets. Minnesota is one of the largest banking jurisdictions in the United States, with 225 FDIC-insured institutions chartered there and $118.1B in combined assets. The state hosts a full spectrum from megabanks down to single-branch community institutions, and likely contributes meaningfully to regulatory data the FDIC and OCC publish quarterly.
What is the average bank health score in Minnesota?
Banks in Minnesota post an average Bank Health Score of 73/100 (B) — solidly in B territory, broadly aligned with U.S. industry norms. Most banks in the state meet the regulatory "well-capitalized" threshold with material room to spare, though there is meaningful variation across individual institutions.
Which banks in Minnesota are showing the most stress?
10 of 225 banks in Minnesota (about 4%) currently land in the at-risk tier on the current Call Report. That count is roughly in line with national norms, and reflects the natural tail of any large cohort rather than a state-specific concentration. See the "Banks Showing Weakness" section above for the specific institutions and their Health Score factors.
Are banks in Minnesota FDIC-insured?
Yes. Every bank on this page is FDIC-insured, which protects deposits up to $250,000 per depositor, per insured bank, per ownership category. FDIC insurance is identical regardless of state. Verify your bank's status and your specific coverage at FDIC.gov, particularly if you hold combined balances above the $250,000 limit.
Where does this data come from?
All bank financials are pulled from the FDIC BankFind API, which sources directly from quarterly Call Reports filed with the FFIEC. Health Scores are computed from a transparent four-factor formula using public Call Report fields. All data is U.S. government public domain.
Sources: FDIC BankFind API ( banks.data.fdic.gov); FFIEC Call Reports ( cdr.ffiec.gov/public); OCC ( occ.gov). Public domain.
Last updated 2026-04-06 · Data covers 225 Minnesota banks. Informational only; not investment advice.