Platinum Bank
Oakdale, MN · Owner: Platinum Bcorp Inc
$739M
total assets, June 30, 2026
$739M
total assets, June 30, 2026
Platinum Bank is a state nonmember bank based in Oakdale, MN, owned by Platinum Bcorp Inc. As of June 30, 2026 it held $739.1 million in assets and $601.1 million in deposits; assets were up 6.5% from a year before. It has 2 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$739M
+6.5% in a year · +4.4% in a quarter
Deposits
$601M
+6.1% in a year · +5.5% in a quarter
Loans
$652M
+6.5% in a year · +2.0% in a quarter
Profit so far
$5.4M
Jan 1 to Jun 30, 2026 · +38.7% in a year
Capital ratio
8.55%
+0.05 pts in a year
Return on assets
1.53%
+0.33 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 7667 10th St N, Oakdale, MN, 55128
- County
- Washington
- Holding company
- Platinum Bcorp Inc
- Established
- Feb 12, 2007
- Employees
- 90
- Branches
- 2
- Website
- www.platinumbankmn.com
- Id
- b58511
Quarter by quarter
March 31, 2007 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
2 offices as of June 30, 2026, holding $601.1 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Minnesota | 2 | $601M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Platinum Bank (main office) | Oakdale, MN | $531M |
| Plymouth Branch | Plymouth, MN | $69.9M |
Related pages
Questions and answers
How big is Platinum Bank?
$739.1 million in total assets and $601.1 million in deposits as of June 30, 2026, with assets up 6.5% from a year before. Its loans were $652.3 million.
How many branches does Platinum Bank have?
2 branches in Minnesota as of June 30, 2026.
Is Platinum Bank profitable?
Yes: it earned $5.44 million from January 1 to June 30, 2026 (up 38.7% from the same months a year before). Its return on assets was 1.53% a year; about 1% is typical.
Who owns Platinum Bank?
Platinum Bank is owned by Platinum Bcorp 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.