BlastPoint's Banking Scorecard
First Bank Elk River
Micro
Specialty: Commercial
MN
FDIC cert 5136
Designations: ✓ Community bank
Elk River, MN
2498
banks in Micro tier nationally
179 in MN
View Micro leaderboard (MN) →
First Bank Elk River demonstrates 1 strength
Key Strengths
Areas where this bank excels compared to peers
- + Non-Interest Income / Assets 1.14% above 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 ? |
$363.9M
+1.9% YoY
+2.7% QoQ
|
+$146.4M |
$217.5M
+2.3% YoY
|
$508.2M
+6.2% YoY
|
$5.9B
+6.5% YoY
|
83% |
| Total Loans ? |
$264.8M
+2.0% YoY
+1.8% QoQ
|
+$125.6M |
$139.2M
+2.8% YoY
|
$283.0M
+6.2% YoY
|
$3.1B
+8.5% YoY
|
Top 13% in tier |
| Total Deposits ? |
$270.1M
-7.0% YoY
-3.7% QoQ
|
+$86.5M |
$183.7M
+1.8% YoY
|
$438.4M
+5.3% YoY
|
$4.7B
+6.3% YoY
|
75% |
| Return on Assets ? |
1.30%
+131.9% YoY
+127.9% QoQ
|
+0.22% |
1.08%
+14.7% YoY
|
1.11%
+14.5% YoY
|
1.12%
+15.6% YoY
|
65% |
| Net Interest Margin ? |
3.21%
+9.5% YoY
+0.3% QoQ
|
-0.65% |
3.85%
+6.6% YoY
|
3.81%
+8.2% YoY
|
3.75%
+7.1% YoY
|
22% |
| Efficiency Ratio ? |
60.91%
-22.7% YoY
-20.3% QoQ
|
-6.81% |
67.73%
-4.8% YoY
|
65.34%
-5.0% YoY
|
65.09%
-5.1% YoY
|
65% |
| Delinquency Rate ? |
0.18%
+284.0% YoY
-13.4% QoQ
|
-0.46% |
0.64%
+24.4% YoY
|
0.65%
+17.8% YoY
|
0.66%
+20.3% YoY
|
64% |
| Loan-to-Deposit Ratio ? |
98.03%
+9.6% YoY
+5.7% QoQ
|
+23.50% |
74.53%
+0.5% YoY
|
76.97%
-0.8% YoY
|
78.04%
+0.7% YoY
|
Top 11% in tier |
| Non-Interest-Bearing Deposit Share ? |
29.62%
-7.6% YoY
-10.1% QoQ
|
+7.22% |
22.39%
-1.3% YoY
|
21.89%
-2.6% YoY
|
21.79%
-1.3% YoY
|
78% |
| Nonperforming Asset Ratio ? |
0.13%
+284.2% YoY
-14.1% QoQ
|
-0.32% |
0.45%
+25.1% YoY
|
0.46%
+7.5% YoY
|
0.48%
+20.8% YoY
|
64% |
| Tier 1 Capital Ratio ? | 0.00% | -8.85% |
8.85%
-3.4% YoY
|
11.33%
-0.2% YoY
|
9.75%
-1.9% YoY
|
51% |
| Non-Interest Income / Assets ? |
1.70%
+280.8% YoY
+393.3% QoQ
|
+1.14% |
0.56%
+0.3% YoY
|
0.50%
+4.9% YoY
|
0.65%
+0.6% YoY
|
Top 4% in tier |
Signature Analysis
Strengths (1)
Non-Interest Income / Assets
metric
Top 4%
in Micro
Why this stands out
Current:
1.70%
(Tier avg: 0.56%, National avg: 0.65%)
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
96
96th pctile
Non-Interest Income / Assets
Current: 1.70% · Tier avg: 0.56%
89
89th pctile
Loan-to-Deposit Ratio
Current: 98.03% · Tier avg: 74.53%
87
87th pctile
Total Loans
Current: $264.8M · Tier avg: $139.2M
83
83th pctile
Total Assets
Current: $363.9M · Tier avg: $217.5M
78
78th pctile
Non-Interest-Bearing Deposit Share
Current: 29.62% · Tier avg: 22.39%
75
75th pctile
Total Deposits
Current: $270.1M · Tier avg: $183.7M
65
65th pctile
Return on Assets
Current: 1.30% · Tier avg: 1.08%
65
65th pctile
Efficiency Ratio
Current: 60.91% · Tier avg: 67.73%
64
64th pctile
Delinquency Rate
Current: 0.18% · Tier avg: 0.64%
64
64th pctile
Nonperforming Asset Ratio
Current: 0.13% · Tier avg: 0.45%
51
51th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 8.85%
22
22th pctile
Net Interest Margin
Current: 3.21% · Tier avg: 3.85%
Top Weaknesses
22
22th pctile
Net Interest Margin
Current: 3.21% · Tier avg: 3.85%
51
51th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 8.85%
64
64th pctile
Nonperforming Asset Ratio
Current: 0.13% · Tier avg: 0.45%
64
64th pctile
Delinquency Rate
Current: 0.18% · Tier avg: 0.64%
65
65th pctile
Efficiency Ratio
Current: 60.91% · Tier avg: 67.73%
65
65th pctile
Return on Assets
Current: 1.30% · Tier avg: 1.08%
75
75th pctile
Total Deposits
Current: $270.1M · Tier avg: $183.7M
78
78th pctile
Non-Interest-Bearing Deposit Share
Current: 29.62% · Tier avg: 22.39%
83
83th pctile
Total Assets
Current: $363.9M · Tier avg: $217.5M
87
87th pctile
Total Loans
Current: $264.8M · Tier avg: $139.2M
89
89th pctile
Loan-to-Deposit Ratio
Current: 98.03% · Tier avg: 74.53%
96
96th pctile
Non-Interest Income / Assets
Current: 1.70% · Tier avg: 0.56%