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Pine River State Bank
Pine River, MN · State-chartered bank (not a Fed member) · Part of Norbanc Group Inc
- Total assets
- $185.3M
- Q2 2026
- Deposits
- $169.8M
- Net income
- $852K
- first half of 2026
- Return on assets
- 0.92%
- Annualized
Bank details
As reported to the FDIC
- FDIC certificate
- 10194
- Main office
- Pine River, MN
- Holding company
- Norbanc Group Inc
- Charter
- State-chartered bank (not a Fed member)
- Primary federal regulator
- Federal Deposit Insurance Corporation (FDIC)
- Established
- 01/22/1918
- FDIC insured since
- 01/01/1934
- U.S. offices
- 5
- Employees (full-time equivalent)
- 39
- Specialty
- All Other Under 1 Billion
- Website
- www.pineriverstatebank.com
Quarterly financials
From the bank's Call Reports. Income figures are year to date; ratios are annualized.
| Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $185.3M | $183.7M | $188.3M | $182.6M | $179M | $173.6M | $179.7M | $182.8M |
| Deposits | $169.8M | $168.5M | $172.5M | $167.5M | $164.6M | $159.8M | $166.4M | $166.2M |
| Net loans and leases | $105.5M | $102.2M | $98.88M | $99.7M | $100.4M | $102.3M | $101.1M | $101.1M |
| Securities | $55.66M | $56M | $58.1M | $52.62M | $43.4M | $43.05M | $44.05M | $42.02M |
| Equity capital | $15.13M | $14.85M | $15.36M | $14.62M | $14.02M | $13.36M | $12.74M | $12.44M |
| Net income (year to date) | $852K | $409K | $1.7M | $1.17M | $726K | $311K | $1.04M | $695K |
| Return on assets | 0.92% | 0.88% | 0.94% | 0.87% | 0.82% | 0.70% | 0.59% | 0.53% |
| Return on equity | 11.27% | 10.83% | 12.13% | 11.38% | 10.86% | 9.53% | 8.91% | 8.15% |
| Net interest margin | 3.71% | 3.62% | 3.53% | 3.47% | 3.36% | 3.23% | 3.09% | 3.02% |
| Efficiency ratio | 74.9% | 74.6% | 72.8% | 74.3% | 75.7% | 78.3% | 80.5% | 81.9% |
| Noncurrent loans | 0.75% | 0.44% | 0.02% | 0.06% | 0.12% | 0.44% | 0.02% | 0.00% |
| Net charge-off rate | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% |
| Leverage (core capital) ratio | 8.48% | 8.22% | 8.19% | 8.07% | 8.26% | 8.35% | 8.02% | 7.85% |
| Total risk-based capital ratio | 17.61% | 18.31% | 18.18% | 17.34% | 15.35% | 16.48% | 16.61% | 16.14% |
Assets grew 3.5% from Q2 2025.
Loan mix
Share of gross loans, Q2 2026
- Real estate loans$94.56M89.6%
- Commercial and industrial loans$5.9M5.6%
- Consumer loans$1.9M1.8%
Find bank branches in Minnesota · Employees: 39
Frequently asked questions
- What is Pine River State Bank's FDIC certificate number?
- Pine River State Bank's FDIC certificate number is 10194.
- How big is Pine River State Bank?
- Pine River State Bank reported total assets of $185.3M and deposits of $169.8M as of Q2 2026.
- Is Pine River State Bank FDIC insured?
- Yes. Pine River State Bank has been insured by the FDIC since 01/01/1934. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
Source: Federal Deposit Insurance Corporation, BankFind Suite (Call Report data) · Last updated 06/30/2026