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First State Bank Of Bigfork

Bigfork, MN · Est. 1912 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

First State Bank Of Bigfork is a bank based in Bigfork, Minnesota, established in 1912, with $118 million in total assets across 2 branches. By Trust Grade it ranks 21st of 224 banks we track in Minnesota. Its capital ratio of 10.9% is stronger than 62% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.22% return on assets. No consumer complaints against First State Bank Of Bigfork appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$118.2M
$100M–1B institution
Deposits
$102.2M
Branches
2
Capital ratio
10.9%
Top 38% of $100M–1B peers · Minnesota median 9.5%
Return on assets
1.2%
Top 49% of $100M–1B peers · Minnesota median 1.24%
Rank in Minnesota
#21
of 224 banks

How First State Bank Of Bigfork compares to Minnesota peers

Capital ratio
Top 38% of $100M–1B peers
First State
10.9%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Top 49% of $100M–1B peers
First State
1.2%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded First State Bank Of Bigfork

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

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (10.9% capital ratio)
  • Strongly profitable (ROA 1.22%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (2)

  • 184 E Main St, Kelliher, MN 56650
  • 400 Main Avenue, Bigfork, MN 56628

Are deposits at First State Bank Of Bigfork insured?

Yes. First State Bank Of Bigfork is an FDIC-insured bank (FDIC certificate #10991). 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.

First State Bank Of Bigfork: frequently asked questions

Is First State Bank Of Bigfork a good bank?

First State Bank Of Bigfork earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (10.9% capital ratio); Strongly profitable (ROA 1.22%).

Is First State Bank Of Bigfork FDIC-insured?

Yes. First State Bank Of Bigfork is a FDIC-insured bank (FDIC certificate #10991). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is First State Bank Of Bigfork?

First State Bank Of Bigfork holds $118 million in total assets, ranking 21st of 224 banks we track in Minnesota. It operates 2 branches.

Does First State Bank Of Bigfork have CFPB complaints?

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

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Security State Bank Of Wanamingo
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Heritage Bank Minnesota
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The First National Bank Of Coleraine
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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.

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