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Perennial Bank
Darwin, MN · FDIC Certificate #1413 · Chartered 01/0
Total assets
$158.13M
Total deposits
$144.59M
Total equity
$12.70M
Net loans
$64.51M
Branches (offices)
4
Net income (YTD)
$783.00K
Rank: #3,247 of 4,213 U.S. banks by assets · #130 of 221 in Minnesota. Assets changed 6.5% and deposits 5.7% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.00% |
| Return on equity | 12.57% |
| Net interest margin (YTD) | 2.99% |
| Equity to assets | 8.03% |
| Tier 1 leverage ratio | 9.48% |
| Uninsured deposits (share of deposits) | 11.1% |
| Noncurrent loans (share of loans) | 1.36% |
| Net charge-offs (share of loans) | 0.02% |
| Loans to deposits | 44.6% |
| Real estate loans (share of loans) | 72.4% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $46.73M | 72.4% | |
| Commercial & industrial | $8.38M | 13.0% | |
| Consumer / individual | $5.71M | 8.9% | |
| Construction & development | $4.23M | 6.6% | |
| Agricultural | $4.07M | 6.3% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $156.15M | $149.30M | $652.00K | $6.22M |
| Jun 2023 | $147.99M | $140.84M | $715.00K | $6.47M |
| Jun 2024 | $139.25M | $130.34M | $586.00K | $8.14M |
| Jun 2025 | $148.53M | $136.74M | $697.00K | $10.92M |
| Jun 2026 | $158.13M | $144.59M | $783.00K | $12.70M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $144.59M | 4 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $144.59M.
Similar-sized banks
The First National Bank Of Winnsboro ($158.22M) · The Fayette County National Bank Of Fayetteville ($158.07M)
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.
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