Premier Bank Minnesota
Hastings, MN
IDRSSD: 1481745
Total Assets
$702.22M
Latest filing
Total Deposits
$619.19M
Latest filing
Net Interest Margin
4.18%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Premier Bank Minnesota
101 10th St E
Hastings, MN 55033
Full Service - Brick and Mortar
Updated 11/14/2025Established 10/05/1990FDIC Certificate 46444
Branches (11)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Premier Bank Minnesota (Main) | 101 10th St E | Hastings, MN |
| ALBERTVILLE BRANCH | 11055 61st St Ne | Albertville, MN |
| FRONTAGE ROAD BRANCH | 3750 E Frontage Road Highway 52 Nw | Rochester, MN |
| GREEN MEADOWS BRANCH | 1706 Greenview Pl Sw | Rochester, MN |
| FARIBAULT BRANCH | 417 4th St Nw | Faribault, MN |
| NORTHFIELD BRANCH | 142 2nd St W | Northfield, MN |
| OWATONNA BRANCH | 209 E Main St | Owatonna, MN |
| BLOOMINGTON BRANCH | 500 W 98th St | Bloomington, 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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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 10/05/1990 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55033 |
| State and County Number | 27037 |
| Subchapter S Corporations | Yes |
| Trust Powers | Limited Trust Powers Granted |
| 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 | 90 |
| Domestic Offices | 12 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/22/2024 |
| Date of Deposit Insurance | 10/05/1990 |
| Primary Insurance Agency | DIF |
| Website | www.premierbanks.com |
| Data Updated | 11/14/2025 |
| CERT | 33204 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $702.22M |
| Total Deposits | $619.19M |
| Total Liabilities | $626.84M |
| Total Equity Capital | $75.38M |
| Net Income | $3.37M |
| Net Loans and Leases | $551.74M |
| Assets Per Employee ($Millions) | $8.07M |
| Bank Premises and Fixed Assets | $21.25M |
| Cash and Balances due from Depository Institutions | $58.44M |
| Deposits Held in Domestic Offices | $619.19M |
Key Performance Ratios
| Return on Assets (ROA) | 1.93% |
| Return on Equity (ROE) | 18.25% |
| Net Interest Margin | 4.18% |
| Efficiency Ratio | 55.1% |
| Tier 1 Risk-Based Capital Ratio | 13.789% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.735% |
| Earning Assets to total Assets | 95.43% |
Income and Expense
| Total Interest Income | $9.73M |
| Total Noninterest Income | $529.00k |
| Total Interest Expense | $2.75M |
| Total Noninterest Expense | $4.14M |
| Net Interest Income | $6.99M |
| Pre-tax Net Operating Income | $3.37M |
| Provision for Credit Losses | $0 |
| 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 | $2.50M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $5.15M |
| Total Liabilities and Capital | $702.22M |
Securities
| Securities | $63.32M |
| Available-for-sale debt securities | $61.13M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| 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?
$702.22M as of the latest filing.
How much are Premier Bank Minnesota's total deposits?
$619.19M in total deposits.
Where is Premier Bank Minnesota located?
Hastings, MN.
What is the Net Interest Margin?
4.18%.
How many domestic offices does it operate?
12.
When was it established?
10/05/1990.
What is the Return on Assets (ROA)?
1.93%.
How much are total loans and leases?
$551.74M (latest filing).
What is the total interest income (latest filing)?
$9.73M.