First Resource Bank
Lino Lakes, MN
IDRSSD: 3314043
Total Assets
$765.73M
Latest filing
Total Deposits
$649.35M
Latest filing
Net Interest Margin
3.66%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
First Resource Bank
7449 Village Dr
Lino Lakes, MN 55014
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/27/2005FDIC Certificate 436973
Branches (5)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| First Resource Bank (Main) | 7449 Village Dr | Lino Lakes, MN |
| STILLWATER BRANCH | 1946 Washington Ave S | Stillwater, MN |
| SAINT CROIX FALLS BRANCH | 2206 Glacier Dr | Saint Croix Falls, WI |
| FOREST LAKE BRANCH | 808 W Broadway Ave | Forest Lake, MN |
| MINNEAPOLIS BRANCH | 811 Washington Ave S | Minneapolis, MN |
| LINDSTROM BRANCH | 12790 N 1st Ave | Lindstrom, MN |
Showing 5 of 5
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 06/27/2005 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55014 |
| State and County Number | 27003 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Minneapolis-St. Paul-Bloomington, MN-WI |
Operational Info
| Number of Employees | 72 |
| Domestic Offices | 6 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 11/09/2022 |
| Date of Deposit Insurance | 06/27/2005 |
| Primary Insurance Agency | DIF |
| Website | www.myfrbank.com |
| Data Updated | 11/14/2025 |
| CERT | 58039 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $765.73M |
| Total Deposits | $649.35M |
| Total Liabilities | $701.55M |
| Total Equity Capital | $64.18M |
| Net Income | $1.63M |
| Net Loans and Leases | $646.73M |
| Assets Per Employee ($Millions) | $10.64M |
| Bank Premises and Fixed Assets | $10.12M |
| Cash and Balances due from Depository Institutions | $47.61M |
| Deposits Held in Domestic Offices | $649.35M |
Key Performance Ratios
| Return on Assets (ROA) | 0.87% |
| Return on Equity (ROE) | 10.38% |
| Net Interest Margin | 3.66% |
| Efficiency Ratio | 61.92% |
| Tier 1 Risk-Based Capital Ratio | 10.379% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.23% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.381% |
| Earning Assets to total Assets | 96.2% |
Income and Expense
| Total Interest Income | $10.43M |
| Total Noninterest Income | $359.00k |
| Total Interest Expense | $3.85M |
| Total Noninterest Expense | $4.33M |
| Net Interest Income | $6.59M |
| Pre-tax Net Operating Income | $2.19M |
| Provision for Credit Losses | $425.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $48.50M |
| Federal Funds Sold & Reverse Repurchase Agreement | $1.95M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $3.70M |
| Total Liabilities and Capital | $765.73M |
Securities
| Securities | $45.96M |
| Available-for-sale debt securities | $45.96M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First Resource Bank?
$765.73M as of the latest filing.
How much are First Resource Bank's total deposits?
$649.35M in total deposits.
Where is First Resource Bank located?
Lino Lakes, MN.
What is the Net Interest Margin?
3.66%.
How many domestic offices does it operate?
6.
When was it established?
06/27/2005.
What is the Return on Assets (ROA)?
0.87%.
How much are total loans and leases?
$646.73M (latest filing).
What is the total interest income (latest filing)?
$10.43M.