Drake Bank
Saint Paul, MN · Owner: Plato Holdings Inc
$247M
total assets, June 30, 2026
$247M
total assets, June 30, 2026
Drake Bank is a state nonmember bank based in Saint Paul, MN, owned by Plato Holdings Inc. As of June 30, 2026 it held $247.4 million in assets and $211.6 million in deposits; assets were down 9.4% from a year before. It has 1 branch.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$247M
-9.4% in a year · -4.8% in a quarter
Deposits
$212M
-9.5% in a year · -5.7% in a quarter
Loans
$194M
-11.2% in a year · -1.0% in a quarter
Profit so far
-$1.6M
Jan 1 to Jun 30, 2026 · -218.9% in a year
Capital ratio
7.27%
-1.02 pts in a year
Return on assets
-1.24%
-2.23 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 60 Plato Blvd E, Saint Paul, MN, 55107
- County
- Ramsey
- Holding company
- Plato Holdings Inc
- Established
- May 1, 2002
- Employees
- 33
- Branches
- 1
- Website
- www.drake-bank.com
- Id
- b57336
Quarter by quarter
June 30, 2002 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
1 office as of June 30, 2026, holding $211.6 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Minnesota | 1 | $212M | 100.0% |
Related pages
Questions and answers
How big is Drake Bank?
$247.4 million in total assets and $211.6 million in deposits as of June 30, 2026, with assets down 9.4% from a year before. Its loans were $193.7 million.
How many branches does Drake Bank have?
1 branch in Minnesota as of June 30, 2026.
Is Drake Bank profitable?
No: it lost $1.58 million from January 1 to June 30, 2026. Its return on assets was -1.24% a year; about 1% is typical.
Who owns Drake Bank?
Drake Bank is owned by Plato Holdings Inc, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.