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Wadena State Bank
Wadena, MN · FDIC Certificate #13430 · Chartered 01/0
Total assets
$206.65M
Total deposits
$187.88M
Total equity
$17.92M
Net loans
$130.33M
Branches (offices)
4
Net income (YTD)
$1.91M
Rank: #2,936 of 4,213 U.S. banks by assets · #115 of 221 in Minnesota. Assets changed 1.1% and deposits 3.1% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.85% |
| Return on equity | 21.37% |
| Net interest margin (YTD) | 4.40% |
| Equity to assets | 8.67% |
| Tier 1 leverage ratio | 9.84% |
| Uninsured deposits (share of deposits) | 13.1% |
| Noncurrent loans (share of loans) | 0.04% |
| Net charge-offs (share of loans) | -0.03% |
| Loans to deposits | 69.4% |
| Real estate loans (share of loans) | 72.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $93.86M | 72.0% | |
| Commercial & industrial | $25.21M | 19.3% | |
| Consumer / individual | $4.99M | 3.8% | |
| Construction & development | $4.70M | 3.6% | |
| Agricultural | $7.27M | 5.6% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $211.22M | $195.89M | $1.02M | $14.85M |
| Jun 2023 | $211.00M | $188.21M | $1.41M | $15.67M |
| Jun 2024 | $199.87M | $181.39M | $1.90M | $15.75M |
| Jun 2025 | $204.46M | $182.26M | $1.55M | $16.00M |
| Jun 2026 | $206.65M | $187.88M | $1.91M | $17.92M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $187.88M | 4 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $187.88M.
Similar-sized banks
Fwbank ($206.67M) · Union State Bank ($206.18M)
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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