Advertisement
Luminate Bank
Minneapolis, MN · FDIC Certificate #16635 · Chartered 03/0
Total assets
$554.51M
Total deposits
$412.75M
Total equity
$54.59M
Net loans
$449.18M
Branches (offices)
2
Net income (YTD)
$8.09M
Rank: #1,656 of 4,213 U.S. banks by assets · #43 of 221 in Minnesota. Assets changed 34.4% and deposits 20.0% over the year to June 30, 2026.
Advertisement
Key ratios
| Return on assets (YTD, annualized by FDIC) | 3.07% |
| Return on equity | 31.29% |
| Net interest margin (YTD) | 3.64% |
| Equity to assets | 9.84% |
| Tier 1 leverage ratio | 10.40% |
| Uninsured deposits (share of deposits) | 63.3% |
| Noncurrent loans (share of loans) | 2.33% |
| Net charge-offs (share of loans) | 0.53% |
| Loans to deposits | 108.8% |
| Real estate loans (share of loans) | 92.2% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $414.15M | 92.2% | |
| Commercial & industrial | $38.86M | 8.7% | |
| Consumer / individual | $501.00K | 0.1% | |
| Construction & development | $62.68M | 14.0% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $145.95M | $91.00M | $693.00K | $25.54M |
| Jun 2023 | $248.40M | $124.92M | $4.29M | $28.77M |
| Jun 2024 | $328.64M | $193.80M | $6.57M | $37.04M |
| Jun 2025 | $412.45M | $343.91M | $4.61M | $39.17M |
| Jun 2026 | $554.51M | $412.75M | $8.09M | $54.59M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $412.75M | 2 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $412.75M.
Similar-sized banks
Nave Bank ($555.01M) · Eastern Michigan Bank ($553.62M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
Advertisement