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Platinum Bank
Oakdale, MN · FDIC Certificate #58511 · Chartered 02/1
Total assets
$739.06M
Total deposits
$601.15M
Total equity
$60.57M
Net loans
$643.68M
Branches (offices)
2
Net income (YTD)
$5.44M
Rank: #1,321 of 4,213 U.S. banks by assets · #30 of 221 in Minnesota. Assets changed 6.5% and deposits 6.1% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.53% |
| Return on equity | 18.28% |
| Net interest margin (YTD) | 4.24% |
| Equity to assets | 8.20% |
| Tier 1 leverage ratio | 8.55% |
| Uninsured deposits (share of deposits) | 54.3% |
| Noncurrent loans (share of loans) | 0.81% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 107.1% |
| Real estate loans (share of loans) | 59.2% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $380.95M | 59.2% | |
| Commercial & industrial | $268.32M | 41.7% | |
| Consumer / individual | $1.71M | 0.3% | |
| Construction & development | $27.65M | 4.3% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $447.49M | $408.48M | $4.11M | $38.08M |
| Jun 2023 | $474.54M | $353.72M | $3.53M | $40.13M |
| Jun 2024 | $624.78M | $508.47M | $4.85M | $47.48M |
| Jun 2025 | $693.90M | $566.51M | $3.92M | $54.20M |
| Jun 2026 | $739.06M | $601.15M | $5.44M | $60.57M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $601.15M | 2 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $601.15M.
Similar-sized banks
Commencement Bank ($739.60M) · Fm Bank ($738.44M)
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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