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The First National Bank Of Proctor

Proctor, MN · Est. 1902 · Website ↗
B
Trust Grade
Strong
Score: 88/100

The First National Bank Of Proctor is a bank based in Proctor, Minnesota, established in 1902, with $35 million in total assets across 1 branch. By Trust Grade it ranks 183rd of 224 banks we track in Minnesota. Its capital ratio of 8.1% trails most similarly sized banks (12th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 0.59% return on assets. No consumer complaints against The First National Bank Of Proctor appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$34.5M
<$100M institution
Deposits
$31.6M
Branches
1
Capital ratio
8.1%
Bottom 12% of <$100M peers · Minnesota median 9.5%
Return on assets
0.6%
Bottom 34% of <$100M peers · Minnesota median 1.24%
Rank in Minnesota
#183
of 224 banks

How The First National Bank Of Proctor compares to Minnesota peers

Capital ratio
Bottom 12% of <$100M peers
The First
8.1%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 34% of <$100M peers
The First
0.6%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded The First National Bank Of Proctor

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

Financial strength
88/100
Customer experience
n/a
Overall
B · 88
  • Well-capitalized (8.1% capital ratio)
  • Profitable (ROA 0.59%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (1)

  • 211 2nd St, Proctor, MN 55810

Are deposits at The First National Bank Of Proctor insured?

Yes. The First National Bank Of Proctor is an FDIC-insured bank (FDIC certificate #5232). 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 Proctor: frequently asked questions

Is The First National Bank Of Proctor a good bank?

The First National Bank Of Proctor earns a Bankzia Trust Grade of B (88/100, "Strong"), based on a financial-strength score of 88/100 (it has no CFPB complaints on record). Well-capitalized (8.1% capital ratio); Profitable (ROA 0.59%).

Is The First National Bank Of Proctor FDIC-insured?

Yes. The First National Bank Of Proctor is a FDIC-insured bank (FDIC certificate #5232). 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 Proctor?

The First National Bank Of Proctor holds $35 million in total assets, ranking 183rd of 224 banks we track in Minnesota. It operates 1 branch.

Does The First National Bank Of Proctor have CFPB complaints?

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

Similar Banks

The First National Bank Of Fairfax
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Lake Country Community Bank
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Farmers State Bank Of Hoffman
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Minnesota First Credit And Savings, Incorporated
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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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