Total Assets
$364M
Total balance-sheet footings
FDIC Cert #5136 · Elk River, Minnesota · Est. 1907
First Bank Elk River - FDIC Bank Health Profile
A community-scale look at First Bank Elk River's own numbers, pulled straight from its quarterly FDIC Call Report.
- $364M
- Total assets
- B
- Health grade · Good
- 1.30%
- Return on assets
- 10.7%
- Tier 1 capital
Data updated July 2026
The verdict
First Bank Elk River earns a PlainBankData health grade of B (76/100), with well-capitalized at 10.68% Tier 1, profitable at 1.30% ROA, 61% efficiency ratio.
- #2,225
- largest of 4,313 FDIC banks by assets
- 48th
- percentile by asset size, nationally
- 10.68%
- Tier 1 ratio - above the 10% well-capitalized line
- 64th
- percentile for profitability (ROA), nationally
PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.
How First Bank Elk River's 76/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
First Bank Elk River's composite health score
Tier 1 Capital Ratio (10.68%) 28/40
Return on Assets (ROA) (1.30%) 20/25
Texas Ratio (1.42%) 20/20
Efficiency Ratio (60.91%) 8/15
76 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$270M
Customer-funded liabilities
Net Loans
$265M
Outstanding loan book
Net Income
$5M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where First Bank Elk River ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. First Bank Elk River's score of 76/100 falls in the highlighted band.
First Bank Elk River'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). First Bank Elk River's $364M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
10.68% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
10.68%
Texas Ratio
1.42%
Equity Capital
$31M
Profitability metrics
Return on Assets (ROA)
64th percentile nationally
1.30%
Return on Equity (ROE)
17.65%
Efficiency Ratio
60.91%
What the numbers say about First Bank Elk River
First Bank Elk River is an FDIC-insured institution (Certificate #5136) headquartered in Elk River, Minnesota, established in 1907. It holds $364M in total assets - 2,225th of 4,313 FDIC-insured banks, $270M in customer deposits, and $265M in net loans. On safety, its Tier 1 capital ratio of 10.68% is above the 10% well-capitalized threshold, and its Texas Ratio of 1.42% sits in the healthy range below 50%. It earns a PlainBankData health grade of B (76/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
Within Minnesota, First Bank Elk River ranks 71st of 227 FDIC-insured banks by asset size -- a mid-sized institution, neither among the state's largest nor its smallest.
Income & expense breakdown
$16M
Interest Income
$6M
Non-Interest Income
$10M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. First Bank Elk River reports a Texas Ratio of 1.42% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
1.42% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Minnesota by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) First Bank Elk River (FDIC Cert #5136) - 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 First Bank Elk River's health grade?▼
First Bank Elk River receives a health grade of B (76/100) 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 good financial health with solid capital levels above regulatory minimums.
How large is First Bank Elk River?▼
First Bank Elk River holds $364M in total assets and $270M in deposits, ranking 2,225th of 4,313 FDIC-insured banks by asset size. It is headquartered in Elk River, Minnesota.
Is my money safe at First Bank Elk River?▼
Yes, deposits at First Bank Elk River (Certificate #5136) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is First Bank Elk River's Tier 1 Capital Ratio?▼
First Bank Elk River has a Tier 1 Capital Ratio of 10.68%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for First Bank Elk River?▼
First Bank Elk River has a Texas Ratio of 1.42%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is First Bank Elk River?▼
First Bank Elk River has an Efficiency Ratio of 60.91%. Above 60% means a larger share of revenue goes to operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read First Bank Elk River's profile as a depositor or analyst.
- First Bank Elk River's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare First Bank Elk River 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.