Premier Bank Minnesota

Hastings, MN
IDRSSD: 1481745
Total Assets
$691.50M
Latest filing
Total Deposits
$620.13M
Latest filing
Net Interest Margin
4.54%
Profitability

Key People

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Locations

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Main Office
Premier Bank Minnesota
101 10th St E
Hastings, MN 55033
Full Service - Brick and Mortar
Updated 07/24/2026Established 10/05/1990FDIC Certificate 46444

Branches (11)

Page 1 of 2
NameAddressCity / State
Premier Bank Minnesota (Main)101 10th St EHastings, MN
ALBERTVILLE BRANCH11055 61st St NeAlbertville, MN
FRONTAGE ROAD BRANCH3750 E Frontage Road Highway 52 NwRochester, MN
GREEN MEADOWS BRANCH1706 Greenview Pl SwRochester, MN
FARIBAULT BRANCH417 4th St NwFaribault, MN
NORTHFIELD BRANCH142 2nd St WNorthfield, MN
OWATONNA BRANCH209 E Main StOwatonna, MN
BLOOMINGTON BRANCH500 W 98th StBloomington, MN
Showing 7 of 11

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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Allowance

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Nonperforming

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Charge-off

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Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date10/05/1990
Community BankYes
Ownership TypeNot Mutual
ZIP55033
State and County Number27037
Subchapter S CorporationsYes
Trust PowersLimited Trust Powers Granted
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameMinneapolis-St. Paul-Bloomington, MN-WI

Operational Info

Number of Employees89
Domestic Offices12
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/22/2024
Date of Deposit Insurance10/05/1990
Primary Insurance AgencyDIF
Websitewww.premierbanks.com
Data Updated07/24/2026
CERT33204
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$691.50M
Total Deposits$620.13M
Total Liabilities$625.04M
Total Equity Capital$66.46M
Net Income$3.23M
Net Loans and Leases$538.96M
Assets Per Employee ($Millions)$7.68M
Bank Premises and Fixed Assets$20.59M
Cash and Balances due from Depository Institutions$63.20M
Deposits Held in Domestic Offices$620.13M

Key Performance Ratios

Return on Assets (ROA)1.86%
Return on Equity (ROE)19.65%
Net Interest Margin4.54%
Efficiency Ratio60.03%
Tier 1 Risk-Based Capital Ratio12.429%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.611%
Earning Assets to total Assets95.44%

Income and Expense

Total Interest Income$9.85M
Total Noninterest Income$532.00k
Total Interest Expense$2.31M
Total Noninterest Expense$4.84M
Net Interest Income$7.54M
Pre-tax Net Operating Income$3.23M
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$1.50M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$3.41M
Total Liabilities and Capital$691.50M

Securities

Securities$60.86M
Available-for-sale debt securities$58.68M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$2.19M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Premier Bank Minnesota?
$691.50M as of the latest filing.
How much are Premier Bank Minnesota's total deposits?
$620.13M in total deposits.
Where is Premier Bank Minnesota located?
Hastings, MN.
What is the Net Interest Margin?
4.54%.
How many domestic offices does it operate?
12.
When was it established?
10/05/1990.
What is the Return on Assets (ROA)?
1.86%.
How much are total loans and leases?
$538.96M (latest filing).
What is the total interest income (latest filing)?
$9.85M.