Total Assets
$284M
Total balance-sheet footings
FDIC Cert #5198 · Milaca, Minnesota · Est. 1897
The First National Bank of Milaca - FDIC Bank Health Profile
A community-scale look at The First National Bank of Milaca's own numbers, pulled straight from its quarterly FDIC Call Report.
- $284M
- Total assets
- A
- Health grade · Excellent
- 1.62%
- Return on assets
- 18.0%
- Tier 1 capital
Data updated July 2026
The verdict
The First National Bank of Milaca earns a PlainBankData health grade of A (93/100), with well-capitalized at 18.04% Tier 1, profitable at 1.62% ROA, 64% efficiency ratio.
- #2,578
- largest of 4,313 FDIC banks by assets
- 40th
- percentile by asset size, nationally
- 18.04%
- Tier 1 ratio - above the 10% well-capitalized line
- 79th
- 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 The First National Bank of Milaca's 93/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
The First National Bank of Milaca's composite health score
Tier 1 Capital Ratio (18.04%) 40/40
Return on Assets (ROA) (1.62%) 25/25
Texas Ratio (3.71%) 20/20
Efficiency Ratio (63.83%) 8/15
93 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$254M
Customer-funded liabilities
Net Loans
$182M
Outstanding loan book
Net Income
$5M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where The First National Bank of Milaca ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. The First National Bank of Milaca's score of 93/100 falls in the highlighted band.
The First National Bank of Milaca'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). The First National Bank of Milaca's $284M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
18.04% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
18.04%
Texas Ratio
3.71%
Equity Capital
$29M
Profitability metrics
Return on Assets (ROA)
79th percentile nationally
1.62%
Return on Equity (ROE)
17.62%
Efficiency Ratio
63.83%
What the numbers say about The First National Bank of Milaca
The First National Bank of Milaca is an FDIC-insured institution (Certificate #5198) headquartered in Milaca, Minnesota, established in 1897. It holds $284M in total assets - 2,578th of 4,313 FDIC-insured banks, $254M in customer deposits, and $182M in net loans. On safety, its Tier 1 capital ratio of 18.04% is above the 10% well-capitalized threshold, and its Texas Ratio of 3.71% sits in the healthy range below 50%. It earns a PlainBankData health grade of A (93/100), 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, The First National Bank of Milaca ranks 91st of 227 FDIC-insured banks by asset size -- a mid-sized institution, neither among the state's largest nor its smallest.
Income & expense breakdown
$15M
Interest Income
$2M
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. The First National Bank of Milaca reports a Texas Ratio of 3.71% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
3.71% - 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) The First National Bank of Milaca (FDIC Cert #5198) - 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 The First National Bank of Milaca's health grade?▼
The First National Bank of Milaca receives a health grade of A (93/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is The First National Bank of Milaca?▼
The First National Bank of Milaca holds $284M in total assets and $254M in deposits, ranking 2,578th of 4,313 FDIC-insured banks by asset size. It is headquartered in Milaca, Minnesota.
Is my money safe at The First National Bank of Milaca?▼
Yes, deposits at The First National Bank of Milaca (Certificate #5198) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is The First National Bank of Milaca's Tier 1 Capital Ratio?▼
The First National Bank of Milaca has a Tier 1 Capital Ratio of 18.04%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for The First National Bank of Milaca?▼
The First National Bank of Milaca has a Texas Ratio of 3.71%. 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 The First National Bank of Milaca?▼
The First National Bank of Milaca has an Efficiency Ratio of 63.83%. 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 The First National Bank of Milaca's profile as a depositor or analyst.
- The First National Bank of Milaca's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare The First National Bank of Milaca 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.