State Rankings & Insights
See how banks across MINNESOTA rank on Efficiency Ratio for 2024Q4. Values are reported in percentage terms as of 2024-12-31. Browse the table below or jump directly to an institution’s call‑report profile.
- Average: 70.20%
- Median: 68.73%
- Min / Max: -0.19% — 187.02%
Top banks by Efficiency Ratio in MINNESOTA
JACKSON FS&LA – JACKSONSTATE BANK OF FAIRMONT – FAIRMONTUNITED MINNESOTA BANK – NEW LONDONFIRST STATE BANK OF FOUNTAIN – FOUNTAINBANK OF MAPLE PLAIN – MAPLE PLAINB2 BANK NATIONAL ASSN – VIRGINIAINTEGRITY BANK PLUS – WABASSOVERSABANK USA NATIONAL ASSN – HOLDINGFORDROOT RIVER STATE BANK – CHATFIELDGLOBAL INNOVATIONS BANK – KIESTER
Count
242
Sum
16987.51%
Avg
70.20%
Median
68.73%
Min
-0.19%
Max
187.02%
| Bank | City | Efficiency Ratio |
|---|---|---|
| JACKSON FS&LA | JACKSON | 187.02% |
| STATE BANK OF FAIRMONT | FAIRMONT | 130.25% |
| UNITED MINNESOTA BANK | NEW LONDON | 117.12% |
| FIRST STATE BANK OF FOUNTAIN | FOUNTAIN | 113.15% |
| BANK OF MAPLE PLAIN | MAPLE PLAIN | 111.80% |
| B2 BANK NATIONAL ASSN | VIRGINIA | 109.72% |
| INTEGRITY BANK PLUS | WABASSO | 107.76% |
| VERSABANK USA NATIONAL ASSN | HOLDINGFORD | 106.45% |
| ROOT RIVER STATE BANK | CHATFIELD | 103.19% |
| GLOBAL INNOVATIONS BANK | KIESTER | 98.47% |
| FIRST STB OF SWANVILLE | SWANVILLE | 97.67% |
| LUMINATE BANK | MINNEAPOLIS | 97.43% |
| PROFINIUM INC | TRUMAN | 97.38% |
| HERITAGE BANK NATIONAL ASSN | SPICER | 96.13% |
| FARMERS&MERCHANTS STB NY MIL | NEW YORK MILLS | 96.06% |
| MINNESOTA 1ST CREDIT&SVG INC | ROCHESTER | 95.73% |
| RIVERLAND BANK | JORDAN | 94.68% |
| CENBANK | BUFFALO LAKE | 92.83% |
| FIRST STATE BANK OF RED WING | RED WING | 92.32% |
| FIRST NATIONAL BANK | CHISHOLM | 91.49% |
| LAKE COUNTRY COMMUNITY BANK | MORRISTOWN | 91.45% |
| FIRST NB AT ST JAMES | SAINT JAMES | 91.04% |
| ST CLAIR STATE BANK INC | SAINT CLAIR | 89.81% |
| UNITED BANKERS BANK | BLOOMINGTON | 89.23% |
| SECURITY BANK MINNESOTA | ALBERT LEA | 88.91% |
| STATE BANK OF TAUNTON | TAUNTON | 88.63% |
| VERGAS STATE BANK | VERGAS | 88.63% |
| MINERS NB OF EVELETH | EVELETH | 88.61% |
| FIRST STB OF SAUK CENTRE | SAUK CENTRE | 88.36% |
| GROVE BANK | GROVE CITY | 88.35% |
| CETERA TRUST CO NA | ST. PAUL | 87.83% |
| FARMERS&MERCHANTS STB ALPHA | ALPHA | 87.43% |
| SUNRISE BANKS NATIONAL ASSN | SAINT PAUL | 86.79% |
| STERLING STATE BANK | AUSTIN | 86.50% |
| FIRST NB OF PROCTOR | PROCTOR | 85.96% |
| HOMETOWN BANK | CARVER | 85.87% |
| COMMUNITY BANK OWATONNA | OWATONNA | 84.98% |
| FIRST NB OF COLERAINE | COLERAINE | 84.69% |
| ARLINGTON STATE BANK | ARLINGTON | 83.98% |
| F&M COMMUNITY BANK NA | PRESTON | 83.97% |
| GRANITE BANK | COLD SPRING | 83.08% |
| FIRST NB OF LE CENTER | LONSDALE | 83.03% |
| HERITAGE BANK MINNESOTA | WEST CONCORD | 82.82% |
| ST MARTIN NATIONAL BANK | SAINT MARTIN | 82.81% |
| FREEPORT STATE BANK | FREEPORT | 82.36% |
| CITIZENS INDEPENDENT BANK | SAINT LOUIS PARK | 81.81% |
| CITIZENS BANK MINNESOTA | NEW ULM | 81.66% |
| FIRST STB OF ROSEMOUNT | ROSEMOUNT | 81.22% |
| NORTHWOODS BANK OF MINNESOTA | PARK RAPIDS | 80.98% |
| CROWN BANK | EDINA | 80.90% |
| NORTHWESTERN BANK NA | DILWORTH | 80.52% |
| RANDALL STATE BANK | RANDALL | 80.22% |
| MID-CENTRAL NATIONAL BANK | WADENA | 80.10% |
| RELIANCE BANK | FARIBAULT | 80.02% |
| WORTHINGTON FSB FSB | WORTHINGTON | 79.83% |
| WOODLAND BANK | DEER RIVER | 79.59% |
| PROGROWTH BANK | NICOLLET | 79.42% |
| WNB FINANCIAL N A | WINONA | 79.06% |
| UNION BANK&TRUST CO | MINNEAPOLIS | 78.92% |
| WESTERN NATIONAL BANK | DULUTH | 78.83% |
| FIRST NB OF GILBERT | GILBERT | 78.79% |
| WELCOME STATE BANK | WELCOME | 78.74% |
| THINK MUTUAL BANK | ROCHESTER | 78.55% |
| BANKVISTA | SARTELL | 78.25% |
| AMERICANA COMMUNITY BANK | SLEEPY EYE | 77.80% |
| STATE BANK OF LAKE PARK | LAKE PARK | 77.59% |
| NORTHVIEW BANK | SANDSTONE | 77.48% |
| FIRST STATE BANK OF BIGFORK | BIGFORK | 77.29% |
| RUSHFORD STATE BANK INC | RUSHFORD | 77.13% |
| DAYFORCE NATIONAL TRUST BANK | BLOOMINGTON | 76.94% |
| PINE RIVER STATE BANK | PINE RIVER | 76.59% |
| ADRIAN STATE BANK | ADRIAN | 76.51% |
| SECURITY STB OF AITKIN | AITKIN | 76.32% |
| 1ST UNITED BANK | FARIBAULT | 75.77% |
| FIRST NB OF OSAKIS | OSAKIS | 75.55% |
| SECURITY BANK USA | BEMIDJI | 75.52% |
| FIRST NB OF FAIRFAX | FAIRFAX | 75.29% |
| COMMUNITY BANK MANKATO | VERNON CENTER | 75.12% |
| UNITED COMMUNITY BANK | PERHAM | 74.95% |
| WESTERN NATIONAL BANK | CASS LAKE | 74.72% |
| LIBERTY BANK MINNESOTA | SAINT CLOUD | 74.67% |
| FIRST COMMUNITY BANK | LESTER PRAIRIE | 74.50% |
| BONANZA VALLEY STATE BANK | BROOTEN | 73.91% |
| GRAND MARAIS STATE BANK | GRAND MARAIS | 73.81% |
| COMMUNITY RESOURCE BANK | NORTHFIELD | 73.70% |
| FARMERS STB OF TRIMONT | TRIMONT | 73.68% |
| HIGHLAND BANK | SAINT PAUL | 73.58% |
| BANKCHEROKEE | SAINT PAUL | 73.47% |
| VILLAGE BANK | SAINT FRANCIS | 73.24% |
| FIRST BANK ELK RIVER | ELK RIVER | 73.21% |
| FIRST STATE BANK SOUTHWEST | PIPESTONE | 73.18% |
| STATE BANK OF FARIBAULT | FARIBAULT | 73.06% |
| STATE BANK OF JEFFERS | JEFFERS | 73.04% |
| EAGLE ROCK BANK | ROCHESTER | 72.88% |
| FIRST NB OF BAGLEY | BAGLEY | 72.81% |
| CITIZENS ALLIANCE BANK | CLARA CITY | 72.80% |
| AMERICAN HERITAGE NB | LONG PRAIRIE | 72.77% |
| NEW MARKET BANK | ELKO NEW MARKET | 72.76% |
| STATE BANK OF COLD SPRING | COLD SPRING | 72.74% |
| FIRST SOUTHEAST BANK | HARMONY | 72.26% |
| PEOPLES STATE BANK OF WELLS | WELLS | 72.18% |
| DRAKE BANK | SAINT PAUL | 71.99% |
| VALLEY PREMIER BANK | HAWLEY | 71.80% |
| NEIGHBORHOOD NATIONAL BANK | MORA | 71.32% |
| NORTHERN STB OF VIRGINIA | VIRGINIA | 71.27% |
| FARMERS STB OF HOFFMAN | HOFFMAN | 71.27% |
| HOME STATE BANK | LITCHFIELD | 71.14% |
| BANK OF ELK RIVER | ELK RIVER | 71.12% |
| FIRST BANK BLUE EARTH | BLUE EARTH | 70.82% |
| FIRST NB OF MILACA | MILACA | 70.75% |
| FARMERS STATE BANK OF HAMEL | HAMEL | 70.64% |
| NORTHEAST BANK | MINNEAPOLIS | 70.54% |
| FIRST STATE BANK OF WYOMING | WYOMING | 70.50% |
| COMMUNITY FIRST BANK | MENAHGA | 70.47% |
| LAKE REGION BANK | NEW LONDON | 70.36% |
| FALCON NATIONAL BANK | FOLEY | 70.36% |
| AMERICAN STB OF GRYGLA | GRYGLA | 70.00% |
| WANDA STATE BANK | WANDA | 69.04% |
| FIRST FARMERS&MERCHANTS NB | FAIRMONT | 68.97% |
| MINNWEST BANK | REDWOOD FALLS | 68.95% |
| GRAND RAPIDS STATE BANK | GRAND RAPIDS | 68.76% |
| TRADITION CAPITAL BANK | WAYZATA | 68.71% |
| ALLIANCE BANK | LAKE CITY | 68.65% |
| CITIZENS STB OF WAVERLY INC | WAVERLY | 68.64% |
| STATE BANK OF EASTON | EASTON | 68.56% |
| FIRST NB MINNESOTA | SAINT PETER | 68.45% |
| HARVEST BANK | KIMBALL | 68.30% |
| FIRST STB OF LE CENTER | LE CENTER | 68.04% |
| PRIME SECURITY BANK | KARLSTAD | 68.03% |
| VANTAGE BANK | KENT | 67.81% |
| FIRST STATE BANK&TRUST | BAYPORT | 67.74% |
| FIRST INDEPENDENT BANK | RUSSELL | 67.62% |
| RED RIVER STATE BANK | HALSTAD | 67.58% |
| ODIN STATE BANK | ODIN | 67.16% |
| FIRST FARMERS&MERCHANTS STB | GRAND MEADOW | 67.08% |
| LOWRY STATE BANK | LOWRY | 67.01% |
| AMERICAN NB OF MINNESOTA | BAXTER | 67.01% |
| MERCHANTS BANK NATIONAL ASSN | WINONA | 66.99% |
| CITIZENS BANK&TRUST CO | HUTCHINSON | 66.91% |
| CONCORDE BANK | BLOMKEST | 66.91% |
| GLENWOOD STATE BANK INC | GLENWOOD | 66.90% |
| KEEN BANK NATIONAL ASSN | WASECA | 66.70% |
| SECURITY STB OF HIBBING | HIBBING | 66.65% |
| FARMERS STB OF UNDERWOOD | UNDERWOOD | 66.51% |
| CENTER NATIONAL BANK | LITCHFIELD | 66.50% |
| FIRST NB OF HENNING | OTTERTAIL | 66.29% |
| FRANKLIN STATE BANK | FRANKLIN | 66.18% |
| BREMER BANK NATIONAL ASSN | SAINT PAUL | 66.10% |
| WOODLANDS NATIONAL BANK | HINCKLEY | 66.06% |
| PEOPLES STB OF PLAINVIEW | PLAINVIEW | 66.04% |
| JANESVILLE STATE BANK | JANESVILLE | 65.80% |
| BANKWEST | ROCKFORD | 65.39% |
| PERENNIAL BANK | DARWIN | 65.05% |
| MIDCOUNTRY BANK | MINNEAPOLIS | 64.79% |
| UNITED PRAIRIE BANK | MOUNTAIN LAKE | 63.94% |
| FM BANK | WASECA | 63.92% |
| FORESIGHT BANK | PLAINVIEW | 63.89% |
| MINNSTAR BANK NATIONAL ASSN | LAKE CRYSTAL | 63.72% |
| DEERWOOD BANK | WAITE PARK | 63.11% |
| VIKING BANK NATIONAL ASSN | ALEXANDRIA | 62.60% |
| CORNERSTONE STATE BANK | MONTGOMERY | 62.29% |
| HOMETOWN COMMUNITY BANK | CYRUS | 61.88% |
| STATE BANK OF NEW RICHLAND | NEW RICHLAND | 61.84% |
| PIONEER BANK | MAPLETON | 61.59% |
| NORTH STAR BANK | ROSEVILLE | 61.54% |
| PRODUCE STATE BANK | HOLLANDALE | 61.48% |
| FIRST STATE BANK MINNESOTA | LE ROY | 61.44% |
| FARMERS&MERCHANTS STB SPRING | SPRINGFIELD | 61.28% |
| CASTLE ROCK BANK | CASTLE ROCK | 61.20% |
| FIRST FARMERS&MERCHANTS STB | BROWNSDALE | 61.05% |
| FRANDSEN BANK&TRUST | LONSDALE | 60.99% |
| MINNESOTA NATIONAL BANK | SAUK CENTRE | 60.99% |
| FIRST RESOURCE BANK | LINO LAKES | 60.72% |
| CURRIE STATE BANK | CURRIE | 60.51% |
| CITIZENS NB OF PARK RAPIDS | PARK RAPIDS | 60.42% |
| CITIZENS STB NORWOOD YOUNG A | NORWOOD YOUNG AM | 60.40% |
| NORTH AMERICAN BANKING CO | ROSEVILLE | 60.38% |
| GATEWAY BANK | MENDOTA HEIGHTS | 60.05% |
| KENSINGTON BANK | KENSINGTON | 59.91% |
| COMMERCE BANK | GENEVA | 59.76% |
| FIRST NB OF COKATO | COKATO | 59.71% |
| PINE COUNTRY BANK | LITTLE FALLS | 59.66% |
| ULTIMA BANK MINNESOTA | WINGER | 59.53% |
| PREMIER BANK MINNESOTA | HASTINGS | 59.36% |
| WADENA STATE BANK | WADENA | 59.17% |
| SECURITY STB OF KENYON | KENYON | 58.86% |
| MINNESOTA LAKES BANK | DELANO | 58.81% |
| LAKEVIEW BANK | LAKEVILLE | 58.72% |
| PLATINUM BANK | OAKDALE | 58.70% |
| FIRST SECURITY BANK | BYRON | 58.69% |
| SECURITY STB OF WARROAD | WARROAD | 58.48% |
| GRAND TIMBER BANK | MCGREGOR | 58.31% |
| ESB BANK | CALEDONIA | 58.25% |
| PRAIRIE SUN BANK | MILAN | 58.20% |
| ARCADIAN BANK | HARTLAND | 58.00% |
| SECURITY BANK&TRUST CO | GLENCOE | 57.95% |
| FIRST NB OF BEMIDJI | BEMIDJI | 57.70% |
| FIRST FARMERS&MERCHANTS BANK | CANNON FALLS | 57.61% |
| STATE BANK OF CHANDLER | CHANDLER | 57.27% |
| FARMERS&MERCHANTS STB PIERZ | PIERZ | 56.94% |
| CITIZENS STB OF ROSEAU | ROSEAU | 56.36% |
| EAGLE BANK | GLENWOOD | 56.18% |
| 21ST CENTURY BANK | LORETTO | 56.14% |
| SCALE BANK | EDINA | 56.03% |
| FIRST SECURITY BANK CANBY | CANBY | 55.92% |
| KEY COMMUNITY BANK | INVER GROVE HEIG | 55.89% |
| FIRST SECURITY BK SLEEPY EYE | SLEEPY EYE | 55.66% |
| SECURITY STB OF MARINE | MARINE ON ST. CR | 55.59% |
| LAKE ELMO BANK | LAKE ELMO | 55.18% |
| FIRST NB OF MCINTOSH | MCINTOSH | 55.13% |
| VERMILLION STATE BANK | VERMILLION | 55.05% |
| FIRST SECURITY BANK-HENDRICK | HENDRICKS | 54.97% |
| SENTRY BANK | SAINT JOSEPH | 54.63% |
| STAR BANK | MAPLE LAKE | 54.62% |
| SECURITY STB OF WANAMINGO | WANAMINGO | 53.99% |
| FIRST NB OF MOOSE LAKE | MOOSE LAKE | 53.92% |
| FIRST FARMERS&MERCHANTS NB | LUVERNE | 53.54% |
| STATE BANK OF BELLINGHAM | BELLINGHAM | 53.28% |
| BRIDGEWATER BANK | SAINT LOUIS PARK | 53.11% |
| FIRST NATIONAL BANK NORTH | WALKER | 51.74% |
| SECURITY STATE BANK OF OKLEE | OKLEE | 51.29% |
| LAKE CENTRAL BANK | ANNANDALE | 51.27% |
| ENTREBANK | BLOOMINGTON | 51.03% |
| VISIONBANK | SAINT LOUIS PARK | 50.91% |
| NORTHERN STB THIEF RIVER FAL | THIEF RIVER FALL | 50.17% |
| FARMERS&MERCHANTS STB APPLET | APPLETON | 49.43% |
| TRIUMPH STATE BANK | TRIMONT | 48.69% |
| STEARNS BANK NATIONAL ASSN | SAINT CLOUD | 48.46% |
| UNITED FARMERS STATE BANK | ADAMS | 48.35% |
| PREMIER BANK | MAPLEWOOD | 47.46% |
| FROST STATE BANK | FROST | 46.14% |
| MIDWEST BANK | DETROIT LAKES | 45.24% |
| PRINSBANK | PRINSBURG | 44.87% |
| NORTH SHORE BANK OF COMMERCE | DULUTH | 44.85% |
| PARK STATE BANK | DULUTH | 43.83% |
| SHERBURNE STATE BANK | BECKER | 42.86% |
| ELYSIAN BANK | ELYSIAN | 37.97% |
| MARSHALL COUNTY STATE BANK | NEWFOLDEN | 37.74% |
| NORTHERN STB OF GONVICK | GONVICK | 37.33% |
| STEARNS BANK UPSALA NA | UPSALA | 31.02% |
| AMERIPRISE BANK FSB | MINNEAPOLIS | 10.81% |
| FIRST FINL BK IN WINNEBAGO | WINNEBAGO | -0.19% |