BlastPoint's Banking Scorecard
The Bank of Elk River
Community
Specialty: Commercial
MN
FDIC cert 1607
Elk River, MN
1484
banks in Community tier nationally
45 in MN
View Community leaderboard (MN) →
The Bank of Elk River shows strong momentum with 2 strengths and 5.9% YoY asset growth
Key Strengths
Areas where this bank excels compared to peers
- + Credit Quality Leader: Top 46% in Community
- + Nonperforming Asset Ratio 0.48% below tier
Key Concerns
Areas that may need attention
No key concerns identified
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$717.6M
+5.9% YoY
+2.0% QoQ
|
-$673.8M |
$1.4B
+2.0% YoY
|
$508.2M
+6.2% YoY
|
$5.9B
+6.5% YoY
|
29% |
| Total Loans ? |
$432.5M
+7.0% YoY
+3.4% QoQ
|
-$542.9M |
$975.5M
+2.4% YoY
|
$283.0M
+6.2% YoY
|
$3.1B
+8.5% YoY
|
20% |
| Total Deposits ? |
$658.9M
+3.9% YoY
+0.9% QoQ
|
-$505.7M |
$1.2B
+1.7% YoY
|
$438.4M
+5.3% YoY
|
$4.7B
+6.3% YoY
|
34% |
| Return on Assets ? |
0.99%
+25.7% YoY
+1.6% QoQ
|
-0.17% |
1.16%
+17.2% YoY
|
1.11%
+14.5% YoY
|
1.12%
+15.6% YoY
|
38% |
| Net Interest Margin ? |
3.42%
+12.8% YoY
+1.8% QoQ
|
-0.25% |
3.66%
+9.1% YoY
|
3.81%
+8.2% YoY
|
3.75%
+7.1% YoY
|
37% |
| Efficiency Ratio ? |
70.53%
-6.2% YoY
+0.6% QoQ
|
+7.90% |
62.63%
-5.3% YoY
|
65.34%
-5.0% YoY
|
65.09%
-5.1% YoY
|
26% |
| Delinquency Rate ? |
0.03%
-21.8% YoY
-16.5% QoQ
|
-0.60% |
0.63%
+18.3% YoY
|
0.65%
+17.8% YoY
|
0.66%
+20.3% YoY
|
Top 9% in tier |
| Loan-to-Deposit Ratio ? |
65.64%
+3.0% YoY
+2.6% QoQ
|
-17.42% |
83.06%
+0.3% YoY
|
76.97%
-0.8% YoY
|
78.04%
+0.7% YoY
|
Bottom 14% in tier |
| Non-Interest-Bearing Deposit Share ? |
22.67%
-10.2% YoY
-9.9% QoQ
|
+1.62% |
21.05%
-0.9% YoY
|
21.89%
-2.6% YoY
|
21.79%
-1.3% YoY
|
61% |
| Nonperforming Asset Ratio ? |
0.02%
-21.0% YoY
-15.3% QoQ
|
-0.48% |
0.50%
+20.3% YoY
|
0.46%
+7.5% YoY
|
0.48%
+20.8% YoY
|
Top 9% in tier |
| Tier 1 Capital Ratio ? |
14.00%
-0.3% YoY
-1.1% QoQ
|
+3.75% |
10.24%
-0.6% YoY
|
11.33%
-0.2% YoY
|
9.75%
-1.9% YoY
|
68% |
| Non-Interest Income / Assets ? |
0.60%
-8.1% YoY
+30.2% QoQ
|
-0.14% |
0.74%
-1.3% YoY
|
0.50%
+4.9% YoY
|
0.65%
+0.6% YoY
|
60% |
Signature Analysis
Strengths (2)
Credit Quality Leader
growth
#170 of 371 · Top 46% in Community
Best-in-class credit quality (delinquency in bottom 25% of peer group). Conservative underwriting paying off.
Why this signature
Delinquency Rate:
0.03%
(Tier: 0.63%, National: 0.66%)
371 of 371 Community banks match
·
443 nationally
→ Stable
+6 banks QoQ
|
QoQ rank declining
Nonperforming Asset Ratio
metric
Top 9%
in Community
Why this stands out
Current:
0.02%
(Tier avg: 0.50%, National avg: 0.48%)
Concerns (0)
No concerns identified
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%
Top Strengths
91
91th pctile
Nonperforming Asset Ratio
Current: 0.02% · Tier avg: 0.50%
91
91th pctile
Delinquency Rate
Current: 0.03% · Tier avg: 0.63%
68
68th pctile
Tier 1 Capital Ratio
Current: 14.00% · Tier avg: 10.24%
61
61th pctile
Non-Interest-Bearing Deposit Share
Current: 22.67% · Tier avg: 21.05%
60
60th pctile
Non-Interest Income / Assets
Current: 0.60% · Tier avg: 0.74%
38
38th pctile
Return on Assets
Current: 0.99% · Tier avg: 1.16%
37
37th pctile
Net Interest Margin
Current: 3.42% · Tier avg: 3.66%
34
34th pctile
Total Deposits
Current: $658.9M · Tier avg: $1.2B
29
29th pctile
Total Assets
Current: $717.6M · Tier avg: $1.4B
26
26th pctile
Efficiency Ratio
Current: 70.53% · Tier avg: 62.63%
20
20th pctile
Total Loans
Current: $432.5M · Tier avg: $975.5M
14
14th pctile
Loan-to-Deposit Ratio
Current: 65.64% · Tier avg: 83.06%
Top Weaknesses
14
14th pctile
Loan-to-Deposit Ratio
Current: 65.64% · Tier avg: 83.06%
20
20th pctile
Total Loans
Current: $432.5M · Tier avg: $975.5M
26
26th pctile
Efficiency Ratio
Current: 70.53% · Tier avg: 62.63%
29
29th pctile
Total Assets
Current: $717.6M · Tier avg: $1.4B
34
34th pctile
Total Deposits
Current: $658.9M · Tier avg: $1.2B
37
37th pctile
Net Interest Margin
Current: 3.42% · Tier avg: 3.66%
38
38th pctile
Return on Assets
Current: 0.99% · Tier avg: 1.16%
60
60th pctile
Non-Interest Income / Assets
Current: 0.60% · Tier avg: 0.74%
61
61th pctile
Non-Interest-Bearing Deposit Share
Current: 22.67% · Tier avg: 21.05%
68
68th pctile
Tier 1 Capital Ratio
Current: 14.00% · Tier avg: 10.24%
91
91th pctile
Delinquency Rate
Current: 0.03% · Tier avg: 0.63%
91
91th pctile
Nonperforming Asset Ratio
Current: 0.02% · Tier avg: 0.50%