What is Wadena State Bank's financial health grade?

Wadena State Bank has a TFS Financial Health Grade of B+ (score: 83.0/100). This grade is based on capital adequacy, asset quality, earnings, and consumer protection metrics.

How many branches does Wadena State Bank have?

Wadena State Bank has 4 branch locations across the United States.

Is Wadena State Bank FDIC insured?

Yes, Wadena State Bank is FDIC insured (Certificate #13430).

What are the total assets of Wadena State Bank?

Wadena State Bank has total assets of $206.0M as reported in its most recent FDIC filing.

Wadena State Bank: Safety Grade & Financial Health

BankWadena, Minnesota

www.wadenastatebank.com

Total Assets

$206.0M

Total Deposits

$186.4M

Branches

Established

1917

Wadena State Bank is a bank headquartered in Wadena, Minnesota, established in 1917. It holds $206.0M in total assets across 4 branch locations. In our editorial opinion, based on public FDIC/NCUA data, Wadena State Bank earns a TFS Financial Health Grade of B+ (83.0/100) — our editorial assessment, not an official rating or financial advice.

TFS Health Grade

B+

83.0 / 100

Good financial health

How we grade

TFS Health Grades are our editorial opinion based on public FDIC/NCUA data — not an official rating, not financial advice.

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Capital & Safety

Tier 1 Capital Ratio

10.18%(8%)

Total Capital Ratio

0.00%(10%)

Non-Performing Loan Ratio

0.10%

Profitability

Return on Assets (ROA)

1.73%(1%)

Return on Equity (ROE)

21.06%(10%)

Net Interest Margin

4.35%

Efficiency Ratio

57.51%(60%)

Lending & Liquidity

Total Loans

$134.4M

Loan-to-Deposit Ratio

71.42%

Net Charge-Off Ratio

Other banks in Minnesota

Mid-Central National Bank

Bank

Wadena, MN

$115.9M

B-

Ameriprise Bank, FSB

Bank

Minneapolis, MN

$25.3B

B-

WINGS FINANCIAL

Apple Valley, MN

$9.3B

TRUSTONE FINANCIAL

Growth

Asset Growth (YoY)

+2.17%

Deposit Growth (YoY)

+1.51%

Net Income

$3.5M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

No CFPB complaints found for this institution.

Data sourced from CFPB Consumer Complaint Database. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

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Branch	Address	City	State	Type
Wadena State BankHQ	304 1st St Se	Wadena	MN	11
Wadena State Bank	108 2nd Street	Bluffton	MN	11
Wadena State Bank	121 Main Avenue East	Deer Creek	MN	11
Wadena State Bank	301 1st St Se	Wadena	MN	23

Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

Institution Details

Institution TypeBank

FDIC Certificate #13430

Primary RegulatorFED

FDIC/NCUA InsuredYes

Data sourced from FDIC / NCUA. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.