# FIRST MINNESOTA BANK
MINNETONKA, MN · FDIC certificate 5151 · asset band $300M-1B · latest filing 2019-06 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $352.0M | |
| Deposits | $283.6M | |
| Loans and leases | $125.1M | |
| Total equity | $57.0M | |
| Loans / deposits | 43.54% (p4 of band) | 85.79% |
| Liquid assets / assets | 57.93% (p96 of band) | |
| Uninsured deposits / deposits | 18.62% (p38 of band) | 21.31% |
| Brokered deposits | 2.49% | |
| Wholesale funding | 5.33% (p53 of band) | |
| FHLB advances / assets | 2.84% | |
| Tier 1 leverage | 15.70% (p93 of band) | 10.63% |
| Unrealized securities loss / equity | -0.14% (p14 of band) | 0.67% |
| AOCI / equity | 2.12% (p50 of band) | |
| ROA (annualized) | 1.17% (p54 of band) | 1.11% |
| Net interest margin | 3.45% (p30 of band) | 3.74% |
| Efficiency ratio | 66.03% (p50 of band) | |
| Noncurrent loans | 0.15% (p22 of band) | 0.53% |
| Net charge-offs (annualized) | -0.01% (p15 of band) | |
| Reserve coverage of noncurrent | 863.54% | |
| Real estate % of loans | 72% | |
| Construction % of loans | 18.75% (p27 of band) | |
| Auto loans | $1.9M (1.54% of loans; DQ 0.52%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | -3.5% | |
| Employees | 77 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 3 | capital falling |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 2 | NIM <2.5% | reserve under noncurrent, capital falling |
| 2012-06 | 2 |  |  |
| 2012-09 | 4 | capital falling, expense ratio p90 |  |
| 2012-12 | 3 |  | capital falling |
| 2013-03 | 1 |  | NIM <2.5%, expense ratio p90 |
| 2013-06 | 2 | capital falling |  |
| 2013-09 | 1 |  | capital falling |
| 2013-12 | 2 | AOCI drag >20% of equity |  |
| 2014-03 | 3 | deposits shrinking, assets shrinking | AOCI drag >20% of equity |
| 2014-06 | 1 |  | deposits shrinking, assets shrinking |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 0 |  | wholesale funding >15% |
| 2016-03 | 1 | wholesale funding >15% |  |
| 2016-06 | 2 | uninsured deposits leaving |  |
| 2016-09 | 1 |  | uninsured deposits leaving |
| 2016-12 | 1 | capital falling | wholesale funding >15% |
| 2017-03 | 0 |  | capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 2 | deposits shrinking, assets shrinking |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 1 |  | deposits shrinking |
| 2018-12 | 2 | deposits shrinking |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 0 |  | assets shrinking, deposits shrinking |

## In the news (Google News, unfiltered, newest first; check the city)

- 2019-05-29 [CorTrust to expand in Twin Cities with Minnesota acquisition - SiouxFalls.Business](https://news.google.com/rss/articles/CBMikwFBVV95cUxQOEctSUtja3Jwdm11V2tvY1FJZEJDbjZDWE5KNkpXNUhQUXlTbU9lX3d0end3amRDNDNvZVNPb1VqWWN6RC14ZzhkOHJUVE9EbHV4MDJZSnpJcnBWMjVRNWVYOFd1cnJXUnVaeTNXMkxoMURCbnBVRUhWS0JHTkdUTEVpeTl1M1IzdVNwTFNCMjRYSTg?oc=5) · SiouxFalls.Business
- 2012-01-26 [Patriot Bank Minnesota of Forest Lake fails, is taken over by First Resource Bank of Savage - Pioneer Press](https://news.google.com/rss/articles/CBMiyAFBVV95cUxPOFZxRk5IT0dzSG5FN3VPTEtZd1VvRmdlZVNMXzhOeHgxQU5zQ3pHWHNCN1FKRWN5UVBBeEl0OFhUWFRFQ2JQZXBVSGJHVmtOTnkzUlNfOGk1Y19GTzVIUlZjd1NiSWhLaXZHcklta3VhNWdndDdLOVdvTFlsUWMycE83WlotZDZWUG0tbFRLdEsweXhXeGN6dGZRQ0todnJjMXJ0XzJsenZoN3FjWmh0b1FuZ3JfQ0gxLVhYMmJ1ZUhfVmNTTk5HSQ?oc=5) · Pioneer Press
- 2016-02-01 [2016 Women’s Leadership Awards: Kate Kelly - Twin Cities Business](https://news.google.com/rss/articles/CBMiTkFVX3lxTFBNZngybmRUZTVxX1R6TkZFcENpbUJsZ1RsWDNqOXp4X3p5V3Q1cTJPRTFQYTY0cm9CckpraFozSUNPUHQ1azMwYTU0WEVOUQ?oc=5) · Twin Cities Business
- 2018-04-12 [Bridgewater Bank CEO Jerry Baack dishes on why the company went public - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxPY0hFd3BKaWxDR2h0LXQyekptZVRUaC1yU1FRWDJjcmVJNlI5c0RJMGRSX0RWZDlxZVhNNENYM181QUdWdU5URUE3ZDRwRDFScktWTkRuSkFhUFM3R21zSFJTMkZkbGtpS051Q1JYRXhwYjRFSXI2clVVMlFaSHdTUk8zZlJhR1NFc0lZa2hWVi1ZQnpSSUU3R0g2UEVCeUJGS2lncFkxN2t5cWdlSTkw?oc=5) · The Business Journals
- 2025-01-15 [Remembering the life of Anna Marie (Valez) Uhde - Star Tribune](https://news.google.com/rss/articles/CBMiggFBVV95cUxPSDN0TjVsMWtKVlBnakpSZk1lTWJOYzZSeFBVLTZkY3E4dC1FYlp5S0lTOXZraFB5ZnFCYkVTV2JXM2Z4MkdrWDZmYm5kSXRNeWV0MDNZN08wUm0zNm5EU3Z6Z0hqM0QwWUIzVjk0X3dDQi1zMWpqVjU1STlYM1VMNWFR?oc=5) · Star Tribune
- 2018-06-20 [MidCountry Bank to be sold to holding company - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOZjJSR1FnaWo4T3FxRzZ5UThFS05tUjkzaTVKTFJnRzBZV0lVVzIwYWNhTUZ5LWppVFI1aEZWSHlBYS1tMU9qT0hoTTFYUHF3bllmWEZzWlhFMlJMeDB3bkI0bVY2UGgzTFVXSzlzRi05VlRuNlZMT1RLTlY4TjM5OGhMNnUxSXFVN2JYRGM3WXh0SkhtcU9UX3I1V1U2OXdmbE5QTG1ZYjQ?oc=5) · The Business Journals
- 2009-05-06 [Carmen Nelson Obituary (2009) - Glencoe, MN - Johnson-McBride Funeral Chapel - Glencoe - Legacy obituary](https://news.google.com/rss/articles/CBMiggFBVV95cUxOR2hSMjF2OUZxOUFhM3YwMWVCenduQktYTWU2YTZtQ0JVOEU3Q282dDFXOXpmbVB0cmRCc0VrRmt6Yk5SLWhnNGJqMTF2cE9jZzhPZ3BUa096akhrMHVfenZKaThaWFpjYl9vODhmU2hiLWdqbXVFZXZ4U0JGOVI1Sk9n?oc=5) · Legacy obituary
- 2018-06-21 [KleinBank to be acquired by Old National Bancorp - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxQQTJWbklwNGlaZG9rNnIwTzU0Tm01Z1hScGZ3SllpSmM5Y3FNOUxHeVd0aWNTdWx6VDV1VG1DX1U3S2NWWl9PUmVrbmQzdFRvRklJRVp6MnNUd1ZpRVVwNG1vUGRiaXlLSmRSQnVFWUtHb0phQ2RfSkpORzdiWUd5TU9ZbHZObVpUSWVIYUgxSFl6M3Niakd4WU80eVZhNVVCSWZUZWRvdFNxdm9V?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5151 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/31.json (key "5151", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide