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Banks · Minnesota

The First National Bank Of Milaca

Milaca, MN · FDIC Certificate #5198 · Chartered 08/2

Total assets
$293.22M
Total deposits
$259.78M
Total equity
$30.04M
Net loans
$196.03M
Branches (offices)
4
Net income (YTD)
$2.80M
Rank: #2,507 of 4,213 U.S. banks by assets · #91 of 221 in Minnesota. Assets changed 4.5% and deposits 5.1% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.95%
Return on equity19.05%
Net interest margin (YTD)4.58%
Equity to assets10.25%
Tier 1 leverage ratio10.77%
Uninsured deposits (share of deposits)14.0%
Noncurrent loans (share of loans)0.37%
Net charge-offs (share of loans)-0.00%
Loans to deposits75.5%
Real estate loans (share of loans)65.0%

Loan mix

CategoryAmountShare
Real estate loans$127.50M
65.0%
Commercial & industrial$40.89M
20.9%
Consumer / individual$12.62M
6.4%
Construction & development$12.52M
6.4%
Agricultural$16.27M
8.3%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$271.86M$251.40M$1.07M$19.60M
Jun 2023$281.70M$246.10M$1.26M$19.66M
Jun 2024$269.38M$246.25M$1.02M$22.30M
Jun 2025$280.56M$247.16M$2.25M$26.14M
Jun 2026$293.22M$259.78M$2.80M$30.04M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Minnesota$259.78M4

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $259.78M.

Similar-sized banks

Castle Rock Bank ($293.51M) · Security First Bank Of North Dakota ($293.16M)

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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