State Rankings & Insights
See how banks across MINNESOTA rank on Efficiency Ratio for 2025Q1. Values are reported in percentage terms as of 2025-03-31. Browse the table below or jump directly to an institution’s call‑report profile.
- Average: 67.39%
- Median: 65.90%
- Min / Max: 9.80% — 129.55%
Top banks by Efficiency Ratio in MINNESOTA
FRANKLIN STATE BANK – FRANKLINARLINGTON STATE BANK – ARLINGTONFIRST STATE BANK OF RED WING – RED WINGB2 BANK NATIONAL ASSN – VIRGINIAFIRST STATE BANK OF FOUNTAIN – FOUNTAINGROVE BANK – GROVE CITYROOT RIVER STATE BANK – CHATFIELDFARMERS&MERCHANTS STB NY MIL – NEW YORK MILLSGLOBAL INNOVATIONS BANK – KIESTERMINNESOTA 1ST CREDIT&SVG INC – ROCHESTER
Count
241
Sum
16240.62%
Avg
67.39%
Median
65.90%
Min
9.80%
Max
129.55%
| Bank | City | Efficiency Ratio |
|---|---|---|
| FRANKLIN STATE BANK | FRANKLIN | 129.55% |
| ARLINGTON STATE BANK | ARLINGTON | 114.25% |
| FIRST STATE BANK OF RED WING | RED WING | 112.84% |
| B2 BANK NATIONAL ASSN | VIRGINIA | 111.32% |
| FIRST STATE BANK OF FOUNTAIN | FOUNTAIN | 108.85% |
| GROVE BANK | GROVE CITY | 107.06% |
| ROOT RIVER STATE BANK | CHATFIELD | 102.97% |
| FARMERS&MERCHANTS STB NY MIL | NEW YORK MILLS | 99.82% |
| GLOBAL INNOVATIONS BANK | KIESTER | 99.66% |
| MINNESOTA 1ST CREDIT&SVG INC | ROCHESTER | 96.62% |
| VERSABANK USA NATIONAL ASSN | HOLDINGFORD | 96.44% |
| LUMINATE BANK | MINNEAPOLIS | 95.75% |
| BANK OF MAPLE PLAIN | MAPLE PLAIN | 95.35% |
| STATE BANK OF BELLINGHAM | BELLINGHAM | 94.24% |
| FIRST STB OF ROSEMOUNT | ROSEMOUNT | 92.31% |
| CROWN BANK | EDINA | 91.79% |
| SUNRISE BANKS NATIONAL ASSN | SAINT PAUL | 91.36% |
| WORTHINGTON FSB FSB | WORTHINGTON | 89.08% |
| WESTERN NATIONAL BANK | DULUTH | 88.72% |
| GRANITE BANK | COLD SPRING | 87.91% |
| FIRST NB OF COLERAINE | COLERAINE | 87.10% |
| STERLING STATE BANK | AUSTIN | 86.58% |
| RIVERLAND BANK | JORDAN | 86.38% |
| HERITAGE BANK NATIONAL ASSN | SPICER | 85.72% |
| STATE BANK OF TAUNTON | TAUNTON | 84.08% |
| WOODLANDS NATIONAL BANK | HINCKLEY | 83.20% |
| BANKCHEROKEE | SAINT PAUL | 82.92% |
| CITIZENS INDEPENDENT BANK | SAINT LOUIS PARK | 82.32% |
| JACKSON FS&LA | JACKSON | 82.12% |
| NORTHWESTERN BANK NA | DILWORTH | 81.76% |
| FIRST BANK ELK RIVER | ELK RIVER | 81.38% |
| FIRST NB OF BEMIDJI | BEMIDJI | 81.31% |
| FIRST NB AT ST JAMES | SAINT JAMES | 81.03% |
| WNB FINANCIAL N A | WINONA | 81.02% |
| FIRST COMMUNITY BANK | LESTER PRAIRIE | 80.53% |
| MID-CENTRAL NATIONAL BANK | WADENA | 80.39% |
| STATE BANK OF LAKE PARK | LAKE PARK | 79.74% |
| FIRST NATIONAL BANK | CHISHOLM | 79.65% |
| NORTHWOODS BANK OF MINNESOTA | PARK RAPIDS | 79.64% |
| THINK MUTUAL BANK | ROCHESTER | 79.64% |
| LAKE COUNTRY COMMUNITY BANK | MORRISTOWN | 79.51% |
| AMERICANA COMMUNITY BANK | SLEEPY EYE | 79.18% |
| COMMUNITY BANK OWATONNA | OWATONNA | 79.15% |
| WOODLAND BANK | DEER RIVER | 79.12% |
| STATE BANK OF FARIBAULT | FARIBAULT | 78.81% |
| NORTH SHORE BANK OF COMMERCE | DULUTH | 78.57% |
| PINE RIVER STATE BANK | PINE RIVER | 78.26% |
| LIBERTY BANK MINNESOTA | SAINT CLOUD | 78.14% |
| FIRST NB OF PROCTOR | PROCTOR | 78.11% |
| CITIZENS BANK MINNESOTA | NEW ULM | 78.11% |
| DAYFORCE NATIONAL TRUST BANK | BLOOMINGTON | 78.06% |
| CETERA TRUST CO NA | ST. PAUL | 77.28% |
| AMERICAN NB OF MINNESOTA | BAXTER | 77.20% |
| F&M COMMUNITY BANK NA | PRESTON | 77.05% |
| CORNERSTONE STATE BANK | MONTGOMERY | 77.00% |
| UNITED BANKERS BANK | BLOOMINGTON | 76.90% |
| MINERS NB OF EVELETH | EVELETH | 76.56% |
| NORTHVIEW BANK | SANDSTONE | 76.15% |
| SECURITY STB OF KENYON | KENYON | 76.02% |
| RELIANCE BANK | FARIBAULT | 75.97% |
| FIRST BANK BLUE EARTH | BLUE EARTH | 75.89% |
| VILLAGE BANK | SAINT FRANCIS | 75.75% |
| HIGHLAND BANK | SAINT PAUL | 75.70% |
| NEIGHBORHOOD NATIONAL BANK | MORA | 75.63% |
| FIRST NB OF GILBERT | GILBERT | 75.63% |
| HOMETOWN BANK | CARVER | 75.08% |
| HERITAGE BANK MINNESOTA | WEST CONCORD | 74.63% |
| FARMERS&MERCHANTS STB ALPHA | ALPHA | 74.06% |
| UNITED PRAIRIE BANK | MOUNTAIN LAKE | 73.74% |
| FIRST STATE BANK OF BIGFORK | BIGFORK | 73.43% |
| NORTH STAR BANK | ROSEVILLE | 73.42% |
| NEW MARKET BANK | ELKO NEW MARKET | 73.38% |
| GRAND RAPIDS STATE BANK | GRAND RAPIDS | 73.29% |
| SECURITY STB OF WARROAD | WARROAD | 73.24% |
| FIRST NB OF BAGLEY | BAGLEY | 73.11% |
| BANKWEST | ROCKFORD | 73.09% |
| COMMUNITY RESOURCE BANK | NORTHFIELD | 72.95% |
| UNION BANK&TRUST CO | MINNEAPOLIS | 72.72% |
| UNITED COMMUNITY BANK | PERHAM | 72.71% |
| FIRST NB OF OSAKIS | OSAKIS | 72.58% |
| FIRST STATE BANK SOUTHWEST | PIPESTONE | 72.44% |
| RUSHFORD STATE BANK INC | RUSHFORD | 72.37% |
| HOME STATE BANK | LITCHFIELD | 72.37% |
| BANK OF ELK RIVER | ELK RIVER | 72.27% |
| SECURITY STB OF AITKIN | AITKIN | 72.03% |
| FIRST STB OF SWANVILLE | SWANVILLE | 71.90% |
| WESTERN NATIONAL BANK | CASS LAKE | 71.62% |
| FIRST STATE BANK OF WYOMING | WYOMING | 71.28% |
| FARMERS STB OF UNDERWOOD | UNDERWOOD | 70.96% |
| PROFINIUM INC | TRUMAN | 70.88% |
| FIRST FARMERS&MERCHANTS NB | FAIRMONT | 70.79% |
| CITIZENS STB OF WAVERLY INC | WAVERLY | 70.60% |
| FIRST NB OF HENNING | OTTERTAIL | 70.55% |
| BONANZA VALLEY STATE BANK | BROOTEN | 70.18% |
| MINNESOTA LAKES BANK | DELANO | 70.12% |
| FARMERS STB OF HOFFMAN | HOFFMAN | 69.89% |
| PROGROWTH BANK | NICOLLET | 69.77% |
| WANDA STATE BANK | WANDA | 69.62% |
| FIRST SOUTHEAST BANK | HARMONY | 69.41% |
| CENBANK | BUFFALO LAKE | 69.23% |
| LAKE REGION BANK | NEW LONDON | 69.15% |
| SECURITY BANK USA | BEMIDJI | 68.94% |
| NORTHERN STB OF VIRGINIA | VIRGINIA | 68.75% |
| FIRST FARMERS&MERCHANTS STB | GRAND MEADOW | 68.66% |
| ALLIANCE BANK | LAKE CITY | 68.65% |
| CENTER NATIONAL BANK | LITCHFIELD | 68.64% |
| DRAKE BANK | SAINT PAUL | 68.21% |
| MIDCOUNTRY BANK | MINNEAPOLIS | 67.93% |
| HARVEST BANK | KIMBALL | 67.79% |
| MINNESOTA NATIONAL BANK | SAUK CENTRE | 67.66% |
| KEEN BANK NATIONAL ASSN | WASECA | 67.62% |
| STATE BANK OF EASTON | EASTON | 67.21% |
| FIRST INDEPENDENT BANK | RUSSELL | 66.59% |
| FORESIGHT BANK | PLAINVIEW | 66.50% |
| MINNWEST BANK | REDWOOD FALLS | 66.44% |
| MERCHANTS BANK NATIONAL ASSN | WINONA | 66.23% |
| AMERICAN STB OF GRYGLA | GRYGLA | 66.13% |
| TRADITION CAPITAL BANK | WAYZATA | 66.11% |
| FIRST STATE BANK&TRUST | BAYPORT | 65.94% |
| FIRST NB OF FAIRFAX | FAIRFAX | 65.92% |
| 21ST CENTURY BANK | LORETTO | 65.90% |
| LAKEVIEW BANK | LAKEVILLE | 65.83% |
| SECURITY STB OF HIBBING | HIBBING | 65.77% |
| BREMER BANK NATIONAL ASSN | SAINT PAUL | 65.54% |
| FIRST NB OF MILACA | MILACA | 65.40% |
| MINNSTAR BANK NATIONAL ASSN | LAKE CRYSTAL | 65.33% |
| GLENWOOD STATE BANK INC | GLENWOOD | 65.32% |
| STAR BANK | MAPLE LAKE | 65.18% |
| SCALE BANK | EDINA | 65.07% |
| FREEPORT STATE BANK | FREEPORT | 65.04% |
| GRAND TIMBER BANK | MCGREGOR | 64.45% |
| FALCON NATIONAL BANK | FOLEY | 64.42% |
| ODIN STATE BANK | ODIN | 64.33% |
| RANDALL STATE BANK | RANDALL | 64.18% |
| FIRST FARMERS&MERCHANTS STB | BROWNSDALE | 64.13% |
| GATEWAY BANK | MENDOTA HEIGHTS | 64.02% |
| COMMUNITY BANK MANKATO | VERNON CENTER | 63.99% |
| ADRIAN STATE BANK | ADRIAN | 63.65% |
| FIRST RESOURCE BANK | LINO LAKES | 63.60% |
| STATE BANK OF COLD SPRING | COLD SPRING | 63.43% |
| NORTH AMERICAN BANKING CO | ROSEVILLE | 63.41% |
| NORTHEAST BANK | MINNEAPOLIS | 63.29% |
| KEY COMMUNITY BANK | INVER GROVE HEIG | 63.27% |
| BANKVISTA | SARTELL | 63.20% |
| VALLEY PREMIER BANK | HAWLEY | 63.15% |
| COMMERCE BANK | GENEVA | 63.09% |
| PINE COUNTRY BANK | LITTLE FALLS | 62.92% |
| PERENNIAL BANK | DARWIN | 62.63% |
| FIRST STB OF LE CENTER | LE CENTER | 62.49% |
| CITIZENS BANK&TRUST CO | HUTCHINSON | 62.44% |
| FIRST FINL BK IN WINNEBAGO | WINNEBAGO | 62.39% |
| EAGLE ROCK BANK | ROCHESTER | 62.38% |
| PIONEER BANK | MAPLETON | 62.35% |
| VERGAS STATE BANK | VERGAS | 62.22% |
| FIRST NB MINNESOTA | SAINT PETER | 61.96% |
| FIRST NB OF MOOSE LAKE | MOOSE LAKE | 61.86% |
| GRAND MARAIS STATE BANK | GRAND MARAIS | 61.84% |
| CURRIE STATE BANK | CURRIE | 61.74% |
| WADENA STATE BANK | WADENA | 61.58% |
| PRINSBANK | PRINSBURG | 61.53% |
| FARMERS&MERCHANTS STB PIERZ | PIERZ | 61.37% |
| FARMERS STATE BANK OF HAMEL | HAMEL | 61.18% |
| PEOPLES STB OF PLAINVIEW | PLAINVIEW | 61.03% |
| ELYSIAN BANK | ELYSIAN | 61.01% |
| SECURITY BANK MINNESOTA | ALBERT LEA | 60.93% |
| PLATINUM BANK | OAKDALE | 60.24% |
| PRIME SECURITY BANK | KARLSTAD | 60.03% |
| VIKING BANK NATIONAL ASSN | ALEXANDRIA | 59.99% |
| FIRST NB OF LE CENTER | LONSDALE | 59.99% |
| FIRST SECURITY BANK | BYRON | 59.24% |
| FIRST STATE BANK MINNESOTA | LE ROY | 59.22% |
| DEERWOOD BANK | WAITE PARK | 59.19% |
| VANTAGE BANK | KENT | 59.15% |
| UNITED MINNESOTA BANK | NEW LONDON | 59.04% |
| PRODUCE STATE BANK | HOLLANDALE | 58.90% |
| FIRST SECURITY BK SLEEPY EYE | SLEEPY EYE | 58.87% |
| JANESVILLE STATE BANK | JANESVILLE | 58.84% |
| ARCADIAN BANK | HARTLAND | 58.64% |
| PREMIER BANK MINNESOTA | HASTINGS | 58.56% |
| FIRST SECURITY BANK CANBY | CANBY | 58.36% |
| FIRST NB OF COKATO | COKATO | 58.15% |
| KENSINGTON BANK | KENSINGTON | 58.14% |
| PEOPLES STATE BANK OF WELLS | WELLS | 58.10% |
| FRANDSEN BANK&TRUST | LONSDALE | 57.95% |
| COMMUNITY FIRST BANK | MENAHGA | 57.77% |
| HOMETOWN COMMUNITY BANK | CYRUS | 57.66% |
| CITIZENS STB NORWOOD YOUNG A | NORWOOD YOUNG AM | 57.56% |
| FM BANK | WASECA | 57.48% |
| LAKE CENTRAL BANK | ANNANDALE | 57.44% |
| STEARNS BANK NATIONAL ASSN | SAINT CLOUD | 57.28% |
| FIRST FARMERS&MERCHANTS NB | LUVERNE | 56.99% |
| SENTRY BANK | SAINT JOSEPH | 56.93% |
| FARMERS&MERCHANTS STB SPRING | SPRINGFIELD | 56.82% |
| PRAIRIE SUN BANK | MILAN | 56.72% |
| NORTHERN STB THIEF RIVER FAL | THIEF RIVER FALL | 56.68% |
| STATE BANK OF FAIRMONT | FAIRMONT | 56.29% |
| ENTREBANK | BLOOMINGTON | 55.63% |
| 1ST UNITED BANK | FARIBAULT | 55.62% |
| LAKE ELMO BANK | LAKE ELMO | 55.51% |
| CITIZENS NB OF PARK RAPIDS | PARK RAPIDS | 55.41% |
| ESB BANK | CALEDONIA | 55.10% |
| CONCORDE BANK | BLOMKEST | 54.77% |
| FIRST FARMERS&MERCHANTS BANK | CANNON FALLS | 54.24% |
| SECURITY BANK&TRUST CO | GLENCOE | 54.06% |
| STATE BANK OF CHANDLER | CHANDLER | 54.04% |
| ST MARTIN NATIONAL BANK | SAINT MARTIN | 53.19% |
| TRIUMPH STATE BANK | TRIMONT | 52.79% |
| CITIZENS STB OF ROSEAU | ROSEAU | 52.67% |
| LOWRY STATE BANK | LOWRY | 52.47% |
| RED RIVER STATE BANK | HALSTAD | 52.33% |
| INTEGRITY BANK PLUS | WABASSO | 52.29% |
| BRIDGEWATER BANK | SAINT LOUIS PARK | 52.20% |
| CASTLE ROCK BANK | CASTLE ROCK | 51.72% |
| FIRST NB OF MCINTOSH | MCINTOSH | 51.30% |
| FIRST NATIONAL BANK NORTH | WALKER | 51.22% |
| SECURITY STB OF WANAMINGO | WANAMINGO | 50.91% |
| CITIZENS ALLIANCE BANK | CLARA CITY | 50.69% |
| FARMERS STB OF TRIMONT | TRIMONT | 49.47% |
| MARSHALL COUNTY STATE BANK | NEWFOLDEN | 49.40% |
| SHERBURNE STATE BANK | BECKER | 49.18% |
| PARK STATE BANK | DULUTH | 49.11% |
| SECURITY STATE BANK OF OKLEE | OKLEE | 48.76% |
| STATE BANK OF NEW RICHLAND | NEW RICHLAND | 48.72% |
| MIDWEST BANK | DETROIT LAKES | 48.52% |
| EAGLE BANK | GLENWOOD | 48.10% |
| ULTIMA BANK MINNESOTA | WINGER | 47.74% |
| FIRST SECURITY BANK-HENDRICK | HENDRICKS | 47.61% |
| WELCOME STATE BANK | WELCOME | 47.20% |
| AMERICAN HERITAGE NB | LONG PRAIRIE | 46.63% |
| NORTHERN STB OF GONVICK | GONVICK | 44.42% |
| PREMIER BANK | MAPLEWOOD | 43.42% |
| SECURITY STB OF MARINE | MARINE ON ST. CR | 43.13% |
| STATE BANK OF JEFFERS | JEFFERS | 41.98% |
| UNITED FARMERS STATE BANK | ADAMS | 40.04% |
| ST CLAIR STATE BANK INC | SAINT CLAIR | 39.23% |
| STEARNS BANK UPSALA NA | UPSALA | 39.18% |
| FARMERS&MERCHANTS STB APPLET | APPLETON | 38.73% |
| FROST STATE BANK | FROST | 35.46% |
| VISIONBANK | SAINT LOUIS PARK | 31.19% |
| VERMILLION STATE BANK | VERMILLION | 24.45% |
| AMERIPRISE BANK FSB | MINNEAPOLIS | 9.80% |