The First State Bank of Red Wing
Red Wing, MN · Owner: Noble Bank Holding Co Inc
$86.3M
total assets, June 30, 2026
$86.3M
total assets, June 30, 2026
The First State Bank of Red Wing is a state nonmember bank based in Red Wing, MN, owned by Noble Bank Holding Co Inc. As of June 30, 2026 it held $86.3 million in assets and $83.1 million in deposits; assets were up 1.6% from a year before. It has 3 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$86.3M
+1.6% in a year · +1.7% in a quarter
Deposits
$83.1M
+0.5% in a year · +1.4% in a quarter
Loans
$34.5M
-2.1% in a year · -0.2% in a quarter
Profit so far
-$10K
Jan 1 to Jun 30, 2026
Capital ratio
8.96%
+0.09 pts in a year
Return on assets
-0.02%
+0.02 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 3209 S Service Dr, Red Wing, MN, 55066
- County
- Goodhue
- Holding company
- Noble Bank Holding Co Inc
- Established
- Oct 14, 1915
- Employees
- 13
- Branches
- 3
- Website
- www.firststatebankredwing.com
- Id
- b8191
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
3 offices as of June 30, 2026, holding $83.1 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Minnesota | 3 | $83.1M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Medford Branch | Medford, MN | $32.6M |
| Mazeppa Branch | Mazeppa, MN | $28.3M |
| The First State Bank Of Red Wing (main office) | Red Wing, MN | $22.2M |
Related pages
Questions and answers
How big is The First State Bank of Red Wing?
$86.3 million in total assets and $83.1 million in deposits as of June 30, 2026, with assets up 1.6% from a year before. Its loans were $34.5 million.
How many branches does The First State Bank of Red Wing have?
3 branches in Minnesota as of June 30, 2026.
Is The First State Bank of Red Wing profitable?
No: it lost $10,000 from January 1 to June 30, 2026. Its return on assets was -0.02% a year; about 1% is typical.
Who owns The First State Bank of Red Wing?
The First State Bank of Red Wing is owned by Noble Bank Holding Co 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.