BlastPoint's Banking Scorecard
First Independent Bank
Community
Specialty: Agricultural
MN
FDIC cert 1900
Russell, MN
1484
banks in Community tier nationally
45 in MN
View Community leaderboard (MN) →
First Independent Bank faces 2 concerns requiring attention
Key Strengths
Areas where this bank excels compared to peers
No key strengths identified
Key Concerns
Areas that may need attention
- - Credit Quality Pressure: Bottom 14% in Community
- - Non-Interest Income / Assets 0.58% below tier
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$600.2M
+13.7% YoY
+4.3% QoQ
|
-$791.3M |
$1.4B
+2.0% YoY
|
$508.2M
+6.2% YoY
|
$5.9B
+6.5% YoY
|
Bottom 15% in tier |
| Total Loans ? |
$401.4M
+18.3% YoY
+5.4% QoQ
|
-$574.0M |
$975.5M
+2.4% YoY
|
$283.0M
+6.2% YoY
|
$3.1B
+8.5% YoY
|
Bottom 15% in tier |
| Total Deposits ? |
$507.4M
+18.6% YoY
+4.7% QoQ
|
-$657.2M |
$1.2B
+1.7% YoY
|
$438.4M
+5.3% YoY
|
$4.7B
+6.3% YoY
|
Bottom 14% in tier |
| Return on Assets ? |
1.11%
+38.9% YoY
-4.3% QoQ
|
-0.05% |
1.16%
+17.2% YoY
|
1.11%
+14.5% YoY
|
1.12%
+15.6% YoY
|
49% |
| Net Interest Margin ? |
3.60%
+10.6% YoY
+2.4% QoQ
|
-0.06% |
3.66%
+9.1% YoY
|
3.81%
+8.2% YoY
|
3.75%
+7.1% YoY
|
47% |
| Efficiency Ratio ? |
59.76%
-7.3% YoY
-1.8% QoQ
|
-2.88% |
62.63%
-5.3% YoY
|
65.34%
-5.0% YoY
|
65.09%
-5.1% YoY
|
58% |
| Delinquency Rate ? |
0.16%
+38.8% YoY
-31.7% QoQ
|
-0.47% |
0.63%
+18.3% YoY
|
0.65%
+17.8% YoY
|
0.66%
+20.3% YoY
|
75% |
| Loan-to-Deposit Ratio ? |
79.12%
-0.2% YoY
+0.6% QoQ
|
-3.94% |
83.06%
+0.3% YoY
|
76.97%
-0.8% YoY
|
78.04%
+0.7% YoY
|
36% |
| Non-Interest-Bearing Deposit Share ? |
27.58%
+0.5% YoY
+0.3% QoQ
|
+6.53% |
21.05%
-0.9% YoY
|
21.89%
-2.6% YoY
|
21.79%
-1.3% YoY
|
78% |
| Nonperforming Asset Ratio ? |
0.14%
+74.2% YoY
-10.0% QoQ
|
-0.36% |
0.50%
+20.3% YoY
|
0.46%
+7.5% YoY
|
0.48%
+20.8% YoY
|
72% |
| Tier 1 Capital Ratio ? |
9.81%
-5.0% YoY
-1.8% QoQ
|
-0.44% |
10.24%
-0.6% YoY
|
11.33%
-0.2% YoY
|
9.75%
-1.9% YoY
|
30% |
| Non-Interest Income / Assets ? |
0.16%
-14.3% YoY
+27.3% QoQ
|
-0.58% |
0.74%
-1.3% YoY
|
0.50%
+4.9% YoY
|
0.65%
+0.6% YoY
|
Bottom 8% in tier |
Signature Analysis
Strengths (0)
No strengths identified
Concerns (2)
Credit Quality Pressure
risk
#115 of 808 · Bottom 14% in Community
Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.
Why this signature
Delinquency Rate:
0.16%
(Tier: 0.63%, National: 0.66%)
808 of 808 Community banks match
·
961 nationally
→ Stable
+22 banks QoQ
Non-Interest Income / Assets
metric
Bottom 8%
in Community
Why this stands out
Current:
0.16%
(Tier avg: 0.74%, National avg: 0.65%)
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
78
78th pctile
Non-Interest-Bearing Deposit Share
Current: 27.58% · Tier avg: 21.05%
75
75th pctile
Delinquency Rate
Current: 0.16% · Tier avg: 0.63%
72
72th pctile
Nonperforming Asset Ratio
Current: 0.14% · Tier avg: 0.50%
58
58th pctile
Efficiency Ratio
Current: 59.76% · Tier avg: 62.63%
49
49th pctile
Return on Assets
Current: 1.11% · Tier avg: 1.16%
47
47th pctile
Net Interest Margin
Current: 3.60% · Tier avg: 3.66%
36
36th pctile
Loan-to-Deposit Ratio
Current: 79.12% · Tier avg: 83.06%
30
30th pctile
Tier 1 Capital Ratio
Current: 9.81% · Tier avg: 10.24%
15
15th pctile
Total Loans
Current: $401.4M · Tier avg: $975.5M
15
15th pctile
Total Assets
Current: $600.2M · Tier avg: $1.4B
14
14th pctile
Total Deposits
Current: $507.4M · Tier avg: $1.2B
8
8th pctile
Non-Interest Income / Assets
Current: 0.16% · Tier avg: 0.74%
Top Weaknesses
8
8th pctile
Non-Interest Income / Assets
Current: 0.16% · Tier avg: 0.74%
14
14th pctile
Total Deposits
Current: $507.4M · Tier avg: $1.2B
15
15th pctile
Total Assets
Current: $600.2M · Tier avg: $1.4B
15
15th pctile
Total Loans
Current: $401.4M · Tier avg: $975.5M
30
30th pctile
Tier 1 Capital Ratio
Current: 9.81% · Tier avg: 10.24%
36
36th pctile
Loan-to-Deposit Ratio
Current: 79.12% · Tier avg: 83.06%
47
47th pctile
Net Interest Margin
Current: 3.60% · Tier avg: 3.66%
49
49th pctile
Return on Assets
Current: 1.11% · Tier avg: 1.16%
58
58th pctile
Efficiency Ratio
Current: 59.76% · Tier avg: 62.63%
72
72th pctile
Nonperforming Asset Ratio
Current: 0.14% · Tier avg: 0.50%
75
75th pctile
Delinquency Rate
Current: 0.16% · Tier avg: 0.63%
78
78th pctile
Non-Interest-Bearing Deposit Share
Current: 27.58% · Tier avg: 21.05%