Park State Bank
Duluth, MN · Owner: Park Financial Group Inc
$1.5B
total assets, June 30, 2026
$1.5B
total assets, June 30, 2026
Park State Bank is a state nonmember bank based in Duluth, MN, owned by Park Financial Group Inc. As of June 30, 2026 it held $1.5 billion in assets and $1.2 billion in deposits; assets were up 5.7% from a year before. It has 18 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$1.5B
+5.7% in a year · +1.4% in a quarter
Deposits
$1.2B
+4.3% in a year · +0.4% in a quarter
Loans
$903M
+3.6% in a year · -1.2% in a quarter
Profit so far
$9.7M
Jan 1 to Jun 30, 2026 · +4.6% in a year
Capital ratio
9.89%
-0.42 pts in a year
Return on assets
1.30%
0.00 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2630 W Superior St, Duluth, MN, 55806
- County
- St. Louis
- Holding company
- Park Financial Group Inc
- Established
- Jun 28, 1916
- Employees
- 158
- Branches
- 18
- Website
- www.parkstatebank.com
- Id
- b8851
Quarter by quarter
March 31, 1984 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
18 offices as of June 30, 2026, holding $1.2 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Minnesota | 18 | $1.2B | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Park State Bank (main office) | Duluth, MN | $268M |
| Mountain IronExpressway Branch | Mountain Iron, MN | $164M |
| Hibbing Downtown Branch | Hibbing, MN | $109M |
| Minneapolis Branch | Minneapolis, MN | $105M |
| Two Harbors Branch | Two Harbors, MN | $103M |
| Grand Rapids South Branch | Grand Rapids, MN | $87.8M |
| First National Bank Branch | Chisholm, MN | $51.6M |
| Nashwauk Branch | Nashwauk, MN | $49.1M |
| Hermantown Branch | Hermantown, MN | $46.1M |
| Grand Rapids North Branch | Grand Rapids, MN | $43.9M |
Related pages
Questions and answers
How big is Park State Bank?
$1.5 billion in total assets and $1.2 billion in deposits as of June 30, 2026, with assets up 5.7% from a year before. Its loans were $902.7 million.
How many branches does Park State Bank have?
18 branches in Minnesota as of June 30, 2026.
Is Park State Bank profitable?
Yes: it earned $9.67 million from January 1 to June 30, 2026 (up 4.6% from the same months a year before). Its return on assets was 1.30% a year; about 1% is typical.
Who owns Park State Bank?
Park State Bank is owned by Park Financial Group 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.