The First National Bank of Osakis


Overview / Commentary
320-859-2101
211-213 Central Avenue
Osakis, MN 56360

The First National Bank of Osakis is headquartered in Osakis and is the 205th largest bank in the state of Minnesota. It is also the 4,565th largest bank in the nation. It was established in 1903 and as of June of 2019, it had grown to 13 employees at 1 location. The First National Bank of Osakis' CD rates are 79% higher than the national average, and it has a B+ health rating.

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Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. The First National Bank of Osakis has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #5221
Year Established1903
Employees13
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD5.97%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$67.1MM$64.5MM
LoansQ2 2019vs Q2 2018$43.1MM$39.2MM
DepositsQ2 2019vs Q2 2018$56.4MM$53.0MM
Equity CapitalQ2 2019vs Q2 2018$9.0MM$8.4MM
Loan Loss AllowanceQ2 2019vs Q2 2018$500.00K$500.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$518.00K$887.00K
Real Estate OwnedQ2 2019vs Q2 2018$352.00K$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

The First National Bank of Osakis Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.41%*$100k*-Retirement Investment Account
OTHER TIERS: 1.15% $1 - $10k | 1.26% $10k - $25k | 1.31% $25k - $100k
0.65%*$25k*-Savings Accounts
OTHER TIERS: 0.30% $200 - $2.5k | 0.40% $2.5k - $10k | 0.50% $10k - $25k
0.50%*$10k*-Youth Savers Account / Money Beez
OTHER TIERS: 0.30% $1 - $2.5k | 0.40% $2.5k - $10k

The First National Bank of Osakis Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%*$25k*-The Investor's Account
OTHER TIERS: 0.40% $1 - $10k | 0.55% $10k - $25k

The First National Bank of Osakis Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%--Interest Checking

The First National Bank of Osakis CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.52%*$25k*-4 Year CD
OTHER TIERS: 2.17% $500 - $10k | 2.32% $10k - $25k
2.27%*$25k*-3 Year CD
OTHER TIERS: 1.86% $500 - $10k | 2.02% $10k - $25k
2.02%*$25k*-2 Year CD
OTHER TIERS: 1.66% $500 - $10k | 1.81% $10k - $25k
1.61%*$25k*-1 Year CD
OTHER TIERS: 1.31% $500 - $10k | 1.51% $10k - $25k
1.00%*$25k*-182 Day CD
OTHER TIERS: 0.75% $500 - $10k | 0.90% $10k - $25k
0.60%*$25k*-91 Day CD
OTHER TIERS: 0.40% $500 - $10k | 0.50% $10k - $25k
Locations


The First National Bank of Osakis Locations
The First National Bank Of Osakis211-213 Central AvenueOsakis, MN 56360

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