Equipment Leasing Banks in Minnesota
Minnesota banks ranked by equipment and business lease receivables, from their Q2 2026 Call Reports.
48 banks with main offices in Minnesota held $324M of equipment and business leases on June 30, 2026, 0.3% of the U.S. total, down 11.6% from Q2 2025. The largest book is Minnwest Bank's, #97 nationally.
Every Minnesota bank with a lease book
Ranked within Minnesota; the national rank is under each name.
48 banks
| # | Bank | 2-yr trend | FDIC | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | Minnwest BankRedwood Falls, MN · #97 nationally | $73.9M | -22% | -$21.4M | $73.9M | 3.1% | $2.94B | 16958 | |
| 2 | Bridgewater BankSaint Louis Park, MN · #126 nationally | $41.8M | -7% | -$3M | $41.8M | 0.9% | $5.38B | 58210 | |
| 3 | MidCountry BankMinneapolis, MN · #156 nationally | $22.9M† | -2% | -$562K | $22.9M | 3.1% | $1.07B | 28865 | |
| 4 | First Resource BankLino Lakes, MN · #157 nationally | $21.9M† | +1% | +$285K | $21.9M | 2.8% | $1.08B | 58039 | |
| 5 | Citizens State Bank of RoseauRoseau, MN · #160 nationally | $20.7M† | +2% | +$450K | $20.7M | 12.3% | $291M | 10167 | |
| 6 | Merchants BankWinona, MN · #162 nationally | $18.9M | -13% | -$2.7M | $18.9M | 0.9% | $2.88B | 8866 | |
| 7 | Scale BankEdina, MN · #164 nationally | $18.7M† | -17% | -$3.8M | $18.7M | 3.6% | $627M | 20268 | |
| 8 | Falcon National BankFoley, MN · #176 nationally | $14.7M† | -15% | -$2.6M | $14.7M | 2.0% | $872M | 57603 | |
| 9 | Stearns BankSaint Cloud, MN · #183 nationally | $13.9M | -38% | -$8.5M | $13.9M | 0.5% | $3.27B | 10988 | |
| 10 | North American Banking CompanyRoseville, MN · #193 nationally | $11.3M | -20% | -$2.9M | $11.3M | 1.5% | $1.47B | 34836 | |
| 11 | First Independent BankRussell, MN · #195 nationally | $11.1M† | -14%* | -$1.7M | $11.1M | 2.5% | $632M | 1900 | |
| 12 | BankCherokeeSaint Paul, MN · #207 nationally | $9.7M† | +82% | +$4.4M | $9.7M | 3.3% | $402M | 8537 | |
| 13 | Bank of Maple PlainMaple Plain, MN · #247 nationally | $5.6M† | +18% | +$840K | $5.6M | 14.2% | $85.5M | 9332 | |
| 14 | Security Bank & Trust CompanyGlencoe, MN · #256 nationally | $5.1M† | -16% | -$975K | $5.1M | 0.6% | $1.33B | 15324 | |
| 15 | Hometown Community BankCyrus, MN · #272 nationally | $4.3M† | -10% | -$500K | $4.3M | 4.8% | $106M | 10197 | |
| 16 | Northwestern BankDilworth, MN · #273 nationally | $4.2M† | -27% | -$1.5M | $4.2M | 3.3% | $165M | 9746 | |
| 17 | Viking BankAlexandria, MN · #296 nationally | $3.4M† | +67% | +$1.4M | $3.4M | 1.3% | $330M | 32082 | |
| 18 | Deerwood BankWaite Park, MN · #303 nationally | $3.1M† | +11% | +$299K | $3.1M | 0.3% | $1.52B | 5123 | |
| 19 | Wnb FinancialWinona, MN · #306 nationally | $3.1M† | +32% | +$759K | $3.1M | 0.9% | $584M | 5280 | |
| 20 | First Farmers & Merchants BankCannon Falls, MN · #321 nationally | $2.7M | +1% | +$19K | $2.7M | 0.9% | $486M | 10168 | |
| 21 | Citizens Independent BankSaint Louis Park, MN · #324 nationally | $2.5M | +455% | +$2M | $2.5M | 1.2% | $314M | 16863 | |
| 22 | First State Bank SouthwestPipestone, MN · #357 nationally | $1.7M† | -19% | -$395K | $1.7M | 0.8% | $410M | 9770 | |
| 23 | Home State BankLitchfield, MN · #389 nationally | $1.2M† | -18% | -$270K | $1.2M | 1.0% | $219M | 9745 | |
| 24 | Northview BankSandstone, MN · #412 nationally | $934K† | +39% | +$262K | $934K | 0.2% | $470M | 10956 | |
| 25 | BankVistaSartell, MN · #422 nationally | $811K† | -18% | -$176K | $811K | 0.1% | $651M | 35406 | |
| 26 | State Bank of ChandlerChandler, MN · #437 nationally | $692K† | +613% | +$595K | $692K | 1.5% | $68.7M | 8858 | |
| 27 | Tradition Capital BankWayzata, MN · #438 nationally | $690K | -62% | -$1.1M | $690K | 0.0% | $2.72B | 58057 | |
| 28 | Crown BankEdina, MN · #451 nationally | $580K† | -60% | -$886K | $580K | 0.2% | $402M | 35480 | |
| 29 | Citizens Alliance BankClara City, MN · #480 nationally | $446K | New | +$446K | $446K | 0.0% | $1.44B | 1402 | |
| 30 | Harvest BankKimball, MN · #494 nationally | $375K† | -13%* | -$56K | $375K | 0.1% | $355M | 11415 | |
| 31 | The Citizens National Bank of Park RapidsPark Rapids, MN · #501 nationally | $334K† | -26% | -$119K | $334K | 0.1% | $397M | 5223 | |
| 32 | Frandsen Bank & TrustLonsdale, MN · #503 nationally | $333K | -31% | -$152K | $333K | 0.0% | $3.66B | 1399 | |
| 33 | Granite BankCold Spring, MN · #505 nationally | $327K† | -2% | -$8K | $327K | 0.1% | $353M | 5116 | |
| 34 | First Farmers & Merchants National BankLuverne, MN · #508 nationally | $322K† | -14% | -$53K | $322K | 0.2% | $243M | 5186 | |
| 35 | Eagle BankGlenwood, MN · #518 nationally | $291K† | -12% | -$38K | $291K | 0.2% | $227M | 8824 | |
| 36 | Janesville State BankJanesville, MN · #528 nationally | $252K† | -24% | -$78K | $252K | 0.4% | $98.8M | 10960 | |
| 37 | Woodlands National BankHinckley, MN · #531 nationally | $245K | -26% | -$84K | $245K | 0.2% | $331M | 1417 | |
| 38 | Farmers & Merchants State Bank of New York MillsNew York Mills, MN · #585 nationally | $104K† | -40% | -$69K | $104K | 0.3% | $83.5M | 9340 | |
| 39 | Wadena State BankWadena, MN · #587 nationally | $101K† | -32% | -$48K | $101K | 0.1% | $207M | 13430 | |
| 40 | Citizens State Bank Norwood Young AmericaNorwood Young America, MN · #596 nationally | $88K† | -17% | -$18K | $88K | 0.1% | $141M | 1933 | |
| 41 | Lake Country Community BankMorristown, MN · #597 nationally | $87K† | -64% | -$155K | $87K | 0.5% | $31.5M | 17122 | |
| 42 | Ultima Bank MinnesotaWinger, MN · #612 nationally | $64K† | -48% | -$60K | $64K | 0.0% | $334M | 8867 | |
| 43 | Community First BankMenahga, MN · #618 nationally | $55K† | -33% | -$27K | $55K | 0.1% | $126M | 5197 | |
| 44 | Eagle Rock BankRochester, MN · #635 nationally | $32K† | -26% | -$11K | $32K | 0.0% | $508M | 34171 | |
| 45 | United Community BankPerham, MN · #650 nationally | $18K† | -63% | -$30K | $18K | 0.0% | $359M | 8544 | |
| 46 | The First National Bank of FairfaxFairfax, MN · #654 nationally | $15K† | -82% | -$70K | $15K | 0.1% | $35.6M | 5142 | |
| 47 | Vermillion State BankVermillion, MN · #655 nationally | $15K | -64% | -$27K | $15K | 0.0% | $931M | 10214 | |
| 48 | The First National Bank of Le CenterLonsdale, MN · #657 nationally | $12K† | -48% | -$11K | $12K | 0.0% | $178M | 5180 |
Business leases: Call Report item 10.b. † Total lease receivables: the bank's filing does not split out consumer leases (mostly small banks on FFIEC 051). * Growth is pro forma: the year-ago figure includes banks merged in since. All leases includes consumer (mostly auto) leases. Click a column to sort.
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