Frandsen Bank & Trust
Frandsen Bank & Trust reported total assets of $3.7 bn at Q2 2026, up 2.6% on a year earlier, the 351st largest of 497 banks in our US coverage. The CET1 capital ratio at Frandsen Bank & Trust was 13.89%, and the uninsured share of Frandsen Bank & Trust was 31.80%. Source: FDIC Call Reports.
Key takeaways
- On common equity tier 1 (CET1) ratio, Frandsen Bank & Trust climbed from 309th to 167th among 448 US banks between and (1 = highest; FDIC Call Reports).
- Since , Frandsen Bank & Trust has taken over 4 institutions; the latest was Bank of Zumbrota on (FDIC Call Reports).
What sets Frandsen Bank & Trust apart
How large is Frandsen Bank & Trust?
The balance sheet of Frandsen Bank & Trust at : assets $3.7 bn, deposits $3.1 bn, net loans $2.5 bn (loans equal to 79.53% of deposits). Securities make up 20.3% of total assets at Frandsen Bank & Trust. Since , when Frandsen Bank & Trust held $1.6 bn, its assets grew 134.4%. In the year to , deposits at Frandsen Bank & Trust rose 2.8% while its total assets rose 2.6%. At , Frandsen Bank & Trust employed 455 full-time equivalent staff across 40 offices, about $8.0 mn of assets per employee and $78.3 mn of deposits per office.
How much funding at Frandsen Bank & Trust is uninsured?
At Frandsen Bank & Trust, uninsured deposits (above the FDIC limit) made up 31.80% of domestic deposits at (+10.82 pp on a year earlier); Frandsen Bank & Trust ranks 288th of 500 on this measure. In dollars, Frandsen Bank & Trust estimated $995.7 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.1 bn | +2.8% | 343rd of 499 |
| Net loans and leases | $2.5 bn | 0.0% | 363rd of 500 |
| Loan-to-deposit ratio | 79.53% | -2.23 pp | 350th of 500 |
| Tier 1 leverage ratio | 10.02% | +0.87 pp | 294th of 500 |
| Total risk-based capital ratio | 15.14% | +1.53 pp | 162nd of 448 |
| Net interest margin | 4.21% | +0.34 pp | 99th of 500 |
| Return on assets (ROA) | 1.82% | +0.32 pp | 75th of 500 |
| Efficiency ratio | 54.07% | -3.18 pp | 210th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $62.3 mn | Narrowed by $22.3 mn | |
| Noncurrent loans to total loans | 0.71% | -0.11 pp | 285th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.11% | +0.12 pp | 280th of 500 (1 = lowest) |
US rank of Frandsen Bank & Trust: 1 = highest unless marked 1 = lowest.
Balance sheet
Frandsen Bank & Trust: assets, deposits and loans
- Total assets $3.7bn
- Deposits $3.1bn
- Net loans $2.5bn
Capital and securities
The CET1 ratio of Frandsen Bank & Trust stood at 13.89% in , +1.53 pp year on year. Low and high at Frandsen Bank & Trust since : 9.25% () to 13.89% (). Equity capital of Frandsen Bank & Trust at : $431.5 mn, or 11.8% of total assets. Frandsen Bank & Trust also reported a total capital ratio of 15.14% for , and a tier 1 leverage ratio of 10.02%.
The available-for-sale portfolio of Frandsen Bank & Trust showed an unrealized loss of $62.3 mn at ; the loss narrowed by $22.3 mn over the year.
Frandsen Bank & Trust: capital ratios
- Total capital 15%
- CET1 14%
- Tier 1 leverage 10%
Frandsen Bank & Trust: unrealized securities gains and losses
- Available for sale -$62mn
- Held to maturity $0
Profitability and loan quality
For the year to , Frandsen Bank & Trust earned a return on equity of 15.71%; return on assets: 1.82%. Net interest margin at Frandsen Bank & Trust: 4.21%, +0.34 pp in a year. Frandsen Bank & Trust net income: $33.4 mn, up 25.5% year on year. The efficiency ratio of Frandsen Bank & Trust was 54.07%: about 54 cents cost per revenue dollar, against 51 cents at the median peer.
At , noncurrent loans were 0.71% of total loans at Frandsen Bank & Trust; net charge-offs: 0.11% of average loans. Gross loans and leases at Frandsen Bank & Trust: $2.5 bn, down 0.1% in a year.
Frandsen Bank & Trust: profitability
- Return on equity 16%
- Net interest margin 4.2%
- Return on assets 1.8%
Peer group of Frandsen Bank & Trust
The peer group of Frandsen Bank & Trust is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Frandsen Bank & Trust (state member bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Minnesota. Against them, Frandsen Bank & Trust shows CET1 ratio 13.89% against a peer median of 11.37%, return on equity 15.71% against a peer median of 12.68% and uninsured deposit share 31.80% against a peer median of 30.35%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Macatawa Bank | National bank | MI | $3.7 bn | 11.37% | 11.42% | 37.25% | |
| St. Charles Bank & Trust Company | National bank | IL | $3.7 bn | 11.07% | 14.34% | 31.17% | |
| Cornerstone Capital Bank, SSB | State-chartered stock savings bank | TX | $3.7 bn | not reported | 1.00% | 25.72% | |
| Frandsen Bank & Trust | State member bank | MN | $3.7 bn | 13.89% | 15.71% | 31.80% | |
| Parkway Bank and Trust Company | State nonmember bank | IL | $3.7 bn | 12.59% | 10.61% | 13.20% | |
| First PREMIER Bank | State member bank | SD | $3.6 bn | 19.95% | 13.94% | 56.10% | |
| First Community Bank | State nonmember bank | AR | $3.6 bn | 10.61% | 16.94% | 29.53% | |
. FDIC Call Reports.
Last eight quarters
Two years at Frandsen Bank & Trust, to : assets +4.2%, deposits +5.2%, equity +17.9%. Staff 452 to 455; offices 39 to 40.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.5 bn | $3.6 bn | $3.6 bn | $3.6 bn | $3.6 bn | $3.7 bn | $3.7 bn | $3.7 bn |
| Total deposits | $3.0 bn | $3.1 bn | $3.1 bn | $3.0 bn | $3.1 bn | $3.2 bn | $3.1 bn | $3.1 bn |
| Bank equity capital | $366.1 mn | $348.0 mn | $367.8 mn | $371.0 mn | $399.5 mn | $419.0 mn | $426.1 mn | $431.5 mn |
| CET1 ratio | 11.40% | 11.80% | 12.08% | 12.36% | 12.66% | 13.24% | 13.61% | 13.89% |
| Return on equity (ROE) | 14.60% | 14.40% | 14.63% | 14.71% | 13.51% | 14.01% | 14.24% | 15.71% |
| Uninsured share of domestic deposits | 20.44% | 20.93% | 21.87% | 20.98% | 21.36% | 21.50% | 31.28% | 31.80% |
| Full-time equivalent employees | 452 | 450 | 455 | 458 | 445 | 450 | 448 | 455 |
| Number of offices | 39 | 39 | 39 | 39 | 39 | 39 | 40 | 40 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Frandsen Bank & Trust, oldest first; figures before and after each event are not like for like.
- . Absorbed Provincial Bank (FDIC certificate 34443).
- . Absorbed Peoples Bank Midwest (FDIC certificate 5347).
- . Absorbed Pine Island Bank (FDIC certificate 12193).
- . Absorbed Bank of Zumbrota (FDIC certificate 13654).
Large one-quarter moves at Frandsen Bank & Trust
- Total assets at Frandsen Bank & Trust changed by +25.3% in the quarter to 2020-12-31: Absorbtion - Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Peoples Bank Midwest.
Questions and identifiers
What were the total assets of Frandsen Bank & Trust?
Frandsen Bank & Trust reported $3.7 bn at in its Call Report. That makes Frandsen Bank & Trust the 351st largest of 497 banks in our US coverage.
Is Frandsen Bank & Trust the same as its holding company?
No. This page covers Frandsen Bank & Trust, FDIC certificate 1399; FRANDSEN FINANCIAL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Frandsen Bank & Trust profitable?
Frandsen Bank & Trust reported net income of $33.4 mn for the year to ; annualized return on equity: 15.71%. So yes: Frandsen Bank & Trust made a profit over these months.
When is data for Frandsen Bank & Trust next updated?
Figures from Frandsen Bank & Trust for are due after .
Where can I check the figures for Frandsen Bank & Trust?
In the FDIC BankFind Suite record for certificate 1399, and in the Call Reports of Frandsen Bank & Trust (RSSD ID 751656) at the FFIEC Central Data Repository.