Frandsen Bank & Trust
Lonsdale, MN
IDRSSD: 751656
Total Assets
$3.70B
Latest filing
Total Deposits
$3.15B
Latest filing
Net Interest Margin
4.14%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
091901202LONSDALE, MN
Key People
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Locations
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Main Office
Frandsen Bank & Trust
116 Central St W
Lonsdale, MN 55046
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/01/1901FDIC Certificate 921
Branches (39)
Page 1 of 6| Name | Address | City / State |
|---|---|---|
| Frandsen Bank & Trust (Main) | 116 Central St W | Lonsdale, MN |
| TOWER OFFICE | 415 Main St | Tower, MN |
| MONTGOMERY BRANCH | 125 1st St S | Montgomery, MN |
| GRAND FORKS BRANCH | 1616 S Washington St | Grand Forks, ND |
| WATERVILLE BRANCH | 320 Main St E | Waterville, MN |
| EAST GRAND FORKS BRANCH | 1413 Central Ave Nw | East Grand Forks, MN |
| OSLO BRANCH | 212 Main St | Oslo, MN |
| EAU CLAIRE BRANCH | 4251 Southtowne Dr | Eau Claire, WI |
Showing 7 of 39
Quarterly Trends
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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 member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 08/01/1901 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55046 |
| State and County Number | 27131 |
| Subchapter S Corporations | Yes |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 09 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Faribault-Northfield, MN |
Operational Info
| Number of Employees | 445 |
| Domestic Offices | 40 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | frandsenbank.com |
| Data Updated | 01/30/2026 |
| CERT | 1399 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $3.70B |
| Total Deposits | $3.15B |
| Total Liabilities | $3.29B |
| Total Equity Capital | $419.02M |
| Net Income | $15.73M |
| Net Loans and Leases | $2.49B |
| Assets Per Employee ($Millions) | $8.23M |
| Bank Premises and Fixed Assets | $39.53M |
| Cash and Balances due from Depository Institutions | $207.68M |
| Deposits Held in Domestic Offices | $3.15B |
Key Performance Ratios
| Return on Assets (ROA) | 1.72% |
| Return on Equity (ROE) | 15.37% |
| Net Interest Margin | 4.14% |
| Efficiency Ratio | 56.6% |
| Tier 1 Risk-Based Capital Ratio | 13.242% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.14% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.31% |
| Earning Assets to total Assets | 91.17% |
Income and Expense
| Total Interest Income | $48.04M |
| Total Noninterest Income | $7.03M |
| Total Interest Expense | $13.58M |
| Total Noninterest Expense | $23.74M |
| Net Interest Income | $34.47M |
| Pre-tax Net Operating Income | $16.51M |
| Provision for Credit Losses | $1.25M |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $25.00k |
| Other borrowed funds | $83.44M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $21.54M |
| All Other Liabilities | $28.33M |
| Total Liabilities and Capital | $3.70B |
Securities
| Securities | $728.60M |
| Available-for-sale debt securities | $728.28M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Frandsen Bank & Trust?
$3.70B as of the latest filing.
How much are Frandsen Bank & Trust's total deposits?
$3.15B in total deposits.
Where is Frandsen Bank & Trust located?
Lonsdale, MN.
What is the Net Interest Margin?
4.14%.
How many domestic offices does it operate?
40.
When was it established?
08/01/1901.
What is the Return on Assets (ROA)?
1.72%.
How much are total loans and leases?
$2.49B (latest filing).
What is the total interest income (latest filing)?
$48.04M.