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Overview / Commentary
4625 County Highway 101
Minnetonka, MN 55345

First Minnesota Bank is headquartered in Minnetonka and is the 31st largest bank in the state of Minnesota. It is also the 1,742nd largest bank in the nation. It was established in 1881 and as of December of 2016, it had grown to 89 employees at 11 locations. First Minnesota Bank has a B+ health rating.


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Health Grade Components

FDIC Certificate #5151
Year Established1881
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.74%
Return on Equity - YTD5.41%
Annual Interest Income$13.9MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$395.2MM$406.0MM
LoansQ4 2016vs Q4 2015$122.1MM$122.2MM
DepositsQ4 2016vs Q4 2015$301.9MM$303.6MM
Equity CapitalQ4 2016vs Q4 2015$54.9MM$54.1MM
Loan Loss AllowanceQ4 2016vs Q4 2015$2.5MM$2.5MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$530.00K$237.00K
Real Estate OwnedQ4 2016vs Q4 2015$5.3MM$6.7MM

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First Minnesota Bank Locations
Mayer Branch101 Ash Avenue NorthMayer, MN 55360
Monticello Branch106 East 4th StreetMonticello, MN 55362
Champlin Branch11431 Jefferson Court NorthChamplin, MN 55316
Anoka Branch2850 Cutters Grove Ave, Suite 100Anoka, MN 55303
308 Main Street South308 Main Street SouthHutchinson, MN 55350
Edina Branch4018 West 65th StreetEdina, MN 55435
First Minnesota Bank4625 County Highway 101Minnetonka, MN 55345
Mound Branch5211 Shoreline DriveMound, MN 55364
Buffalo Branch555 Hwy 55 EastBuffalo, MN 55313
Glencoe Branch606 East Eleventh StreetGlencoe, MN 55336