First Resource Bank (MN) is headquartered in LINO LAKES and is the 31st largest bank in the state of Minnesota. It is also the 1,394th largest bank in the nation. It was established in 2005 and as of March of 2025, it had grown to 68 employees at 6 locations. First Resource Bank (MN) has an A health rating.
Overall | |
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FDIC Certificate # | 58039 |
Year Established | 2005 |
Employees | 68 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.75% |
Return on Equity - YTD | 8.57% |
Annual Interest Income | $9MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $689.4MM$560.2MM |
Loans | Q1 2025vs Q1 2024 | $562.7MM$485.7MM |
Deposits | Q1 2025vs Q1 2024 | $556.7MM$451MM |
Equity Capital | Q1 2025vs Q1 2024 | $59.7MM$51.7MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $6.6MM$5.4MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.8MM$63K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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First Resource Bank (MN) Locations | ||
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First Resource Bank | 7449 Village Dr | Lino Lakes, MN 55014 |
Stillwater Branch | 1946 Washington Avenue | Stillwater, MN 55082 |
Saint Croix Falls Branch | 2206 Glacier Dr | Saint Croix Falls, WI 54024 |
Washington Avenue South Branch | 811 Washington Avenue South | Minneapolis, MN 55415 |
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