Skip to main content
bank

The First National Bank Of Bagley

Bagley, MN · Est. 1903 · Website ↗
B
Trust Grade
Strong
Score: 87/100

The First National Bank Of Bagley is a bank based in Bagley, Minnesota, established in 1903, with $126 million in total assets across 2 branches. By Trust Grade it ranks 188th of 224 banks we track in Minnesota. Its capital ratio of 7.0% trails most similarly sized banks (7th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.16% return on assets. No consumer complaints against The First National Bank Of Bagley appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$125.6M
$100M–1B institution
Deposits
$116.2M
Branches
2
Capital ratio
7.0%
Bottom 7% of $100M–1B peers · Minnesota median 9.5%
Return on assets
1.2%
Bottom 47% of $100M–1B peers · Minnesota median 1.24%
Rank in Minnesota
#188
of 224 banks

How The First National Bank Of Bagley compares to Minnesota peers

Capital ratio
Bottom 7% of $100M–1B peers
The First
7.0%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 47% of $100M–1B peers
The First
1.2%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded The First National Bank Of Bagley

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
87/100
Customer experience
n/a
Overall
B · 87
  • Well-capitalized (7.0% capital ratio)
  • Strongly profitable (ROA 1.16%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for The First National Bank Of Bagley over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (2)

  • 31 Central St E, Bagley, MN 56621
  • 124 1st St W, Fosston, MN 56542

Are deposits at The First National Bank Of Bagley insured?

Yes. The First National Bank Of Bagley is an FDIC-insured bank (FDIC certificate #5087). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

The First National Bank Of Bagley: frequently asked questions

Is The First National Bank Of Bagley a good bank?

The First National Bank Of Bagley earns a Bankzia Trust Grade of B (87/100, "Strong"), based on a financial-strength score of 87/100 (it has no CFPB complaints on record). Well-capitalized (7.0% capital ratio); Strongly profitable (ROA 1.16%).

Is The First National Bank Of Bagley FDIC-insured?

Yes. The First National Bank Of Bagley is a FDIC-insured bank (FDIC certificate #5087). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is The First National Bank Of Bagley?

The First National Bank Of Bagley holds $126 million in total assets, ranking 188th of 224 banks we track in Minnesota. It operates 2 branches.

Does The First National Bank Of Bagley have CFPB complaints?

No CFPB complaints against The First National Bank Of Bagley appear in our data over the analysis window, which is typical for a bank of this size.

Similar Banks

State Bank Of New Richland
bank · New Richland, MN · $125M assets
Community First Bank
bank · Menahga, MN · $126M assets
Minnesota Lakes Bank
bank · Delano, MN · $126M assets
Key Community Bank
bank · Inver Grove Heights, MN · $124M assets
Heritage Bank Minnesota
bank · West Concord, MN · $123M assets
The First National Bank Of Cokato
bank · Cokato, MN · $128M assets

Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

From the Blog

View all guides →