The First National Bank of Milaca
Milaca, MN
IDRSSD: 924357
Total Assets
$283.87M
Latest filing
Total Deposits
$253.77M
Latest filing
Net Interest Margin
4.51%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
The First National Bank of Milaca
190 2nd Ave Sw
Milaca, MN 56353
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/24/1897FDIC Certificate 3487
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The First National Bank of Milaca (Main) | 190 2nd Ave Sw | Milaca, MN |
| GILMAN OFFICE | 10225 115th Street N.E. | Gilman, MN |
| THE FIRST NATIONAL BANK OF MILACA, ZIMMERMAN BRANCH | 26120 3rd St E | Zimmerman, MN |
| ISLE BRANCH | 310 Main St W | Isle, MN |
Showing 3 of 3
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, national (federal) charter, Fed member, and supervised by the OCC |
| Primary Regulator | OCC |
| Established Date | 08/24/1897 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 56353 |
| State and County Number | 27095 |
| Subchapter S Corporations | Yes |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 09 |
| Numeric code | 3 |
| 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 | 50 |
| Domestic Offices | 4 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.fnbmilaca.com |
| Data Updated | 01/30/2026 |
| CERT | 5198 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $283.87M |
| Total Deposits | $253.77M |
| Total Liabilities | $254.61M |
| Total Equity Capital | $29.26M |
| Net Income | $1.07M |
| Net Loans and Leases | $181.55M |
| Assets Per Employee ($Millions) | $5.57M |
| Bank Premises and Fixed Assets | $1.56M |
| Cash and Balances due from Depository Institutions | $18.45M |
| Deposits Held in Domestic Offices | $253.77M |
Key Performance Ratios
| Return on Assets (ROA) | 1.51% |
| Return on Equity (ROE) | 15.05% |
| Net Interest Margin | 4.51% |
| Efficiency Ratio | 66.3% |
| Tier 1 Risk-Based Capital Ratio | 18.037% |
| 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 | 10.307% |
| Earning Assets to total Assets | 96.46% |
Income and Expense
| Total Interest Income | $3.88M |
| Total Noninterest Income | $388.00k |
| Total Interest Expense | $792.00k |
| Total Noninterest Expense | $2.31M |
| Net Interest Income | $3.09M |
| Pre-tax Net Operating Income | $1.07M |
| Provision for Credit Losses | $100.00k |
| 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 | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $3.50M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $841.00k |
| Total Liabilities and Capital | $283.87M |
Securities
| Securities | $73.86M |
| Available-for-sale debt securities | $72.47M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $1.39M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of The First National Bank of Milaca?
$283.87M as of the latest filing.
How much are The First National Bank of Milaca's total deposits?
$253.77M in total deposits.
Where is The First National Bank of Milaca located?
Milaca, MN.
What is the Net Interest Margin?
4.51%.
How many domestic offices does it operate?
4.
When was it established?
08/24/1897.
What is the Return on Assets (ROA)?
1.51%.
How much are total loans and leases?
$181.55M (latest filing).
What is the total interest income (latest filing)?
$3.88M.