Total Assets
$255M
Total balance-sheet footings
FDIC Cert #57336 · Saint Paul, Minnesota · Est. 2002
Drake Bank - FDIC Bank Health Profile
This profile flags real pressure points from the bank's own quarterly Call Report, read past the headline grade before drawing conclusions.
- $255M
- Total assets
- D
- Health grade · Weak
- -0.19%
- Return on assets
- 10.5%
- Tier 1 capital
Data updated July 2026
The verdict
Drake Bank earns a PlainBankData health grade of D (46/100), with well-capitalized at 10.55% Tier 1, -0.19% ROA, 68% efficiency ratio.
- #2,715
- largest of 4,313 FDIC banks by assets
- 37th
- percentile by asset size, nationally
- 10.55%
- Tier 1 ratio - above the 10% well-capitalized line
- 4th
- percentile for profitability (ROA), nationally
A weak grade is PlainBankData's own read of the Call Report data, not an official FDIC rating, and it does not change your insurance coverage: every dollar stays protected to $250,000 per depositor, per category.
How Drake Bank's 46/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Drake Bank's composite health score
Tier 1 Capital Ratio (10.55%) 28/40
Return on Assets (ROA) (-0.19%) 0/25
Texas Ratio (23.85%) 10/20
Efficiency Ratio (68.04%) 8/15
46 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$216M
Customer-funded liabilities
Net Loans
$196M
Outstanding loan book
Net Income
$-509K
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Drake Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Drake Bank's score of 46/100 falls in the highlighted band.
Drake Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Drake Bank's $255M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
10.55% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
10.55%
Texas Ratio
23.85%
Equity Capital
$20M
Profitability metrics
Return on Assets (ROA)
4th percentile nationally
-0.19%
Return on Equity (ROE)
-2.53%
Efficiency Ratio
68.04%
What the numbers say about Drake Bank
Drake Bank is an FDIC-insured institution (Certificate #57336) headquartered in Saint Paul, Minnesota, established in 2002. It holds $255M in total assets - 2,715th of 4,313 FDIC-insured banks, $216M in customer deposits, and $196M in net loans. Capital-wise, the Tier 1 ratio sits at 10.55%, clearing the federal 10% well-capitalized bar; the Texas Ratio reads 23.85%, a healthy figure under the 50% watch level. That combination rolls up into a PlainBankData health grade of D (46 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Drake Bank sits 95th of 227 banks headquartered in Minnesota by total assets, placing it in the middle tier of the state's banking landscape.
Income & expense breakdown
$17M
Interest Income
$1M
Non-Interest Income
$8M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Drake Bank reports a Texas Ratio of 23.85% - within the generally healthy range below the 50% level analysts watch.
Texas Ratio
Caution 50%
23.85% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
What to watch at Drake Bank
Drake Bank's grade of D reflects specific pressure points in the FDIC Call Report. The bank reported negative net income of $-509K for the period, a loss that, if sustained, erodes the equity cushion.
Your deposits are still protected. Regardless of grade, FDIC insurance covers every dollar on deposit at Drake Bank up to $250,000 per depositor, per ownership category. A weak grade signals institutional financial stress for analysts, it is not a prediction of failure, and it does not affect insured-deposit safety.
Top banks in Minnesota by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Drake Bank (FDIC Cert #57336) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Minnesota
All Minnesota banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Ameriprise Bank, FSBMinneapolis | $25.3B | A | 3.08% |
| Bridgewater BankSaint Louis Park | $5.4B | A | 0.99% |
| Frandsen Bank & TrustLonsdale | $3.7B | A | 1.48% |
| Stearns Bank National AssociationSaint Cloud | $3.3B | A | 1.85% |
| Minnwest BankRedwood Falls | $3.0B | B | 0.92% |
| Merchants Bank, National AssociationWinona | $2.9B | A | 1.23% |
| Tradition Capital BankWayzata | $2.6B | B | 0.71% |
| Think Mutual BankRochester | $2.2B | B | 0.61% |
Frequently asked questions
What is Drake Bank's health grade?▼
Drake Bank receives a health grade of D (46/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows notable financial weaknesses. Your deposits remain FDIC-insured up to $250,000.
How large is Drake Bank?▼
Drake Bank holds $255M in total assets and $216M in deposits, ranking 2,715th of 4,313 FDIC-insured banks by asset size. It is headquartered in Saint Paul, Minnesota.
Is my money safe at Drake Bank?▼
Yes, deposits at Drake Bank (Certificate #57336) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Drake Bank's Tier 1 Capital Ratio?▼
Drake Bank has a Tier 1 Capital Ratio of 10.55%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Drake Bank?▼
Drake Bank has a Texas Ratio of 23.85%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Drake Bank?▼
Drake Bank has an Efficiency Ratio of 68.04%. Past the 60% mark, a bigger slice of revenue is absorbed by operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Drake Bank's profile as a depositor or analyst.
- Drake Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Drake Bank against other Minnesota banks before moving funds. Minnesota banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.