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Acquisition dossier · FDIC #8191

The First State Bank of Red Wing

Red Wing, MN · Goodhue County · FDIC

$84.9M assets3 officesNOBLE BANK HOLDING CO INC6/6 core metrics available
Acquisition score95Signal: Earnings pressure

Where this bank sits among peers

923 same-period banks with 0.5× to 2× this bank’s assets. Selected bank excluded.

View metric table ↓
Return on assets921 reported
074148Up to -0.11%: 66 banks-0.11% 0.16%: 35 banks0.16% 0.43%: 66 banks0.43% 0.7%: 105 banks0.7% 0.98%: 130 banks0.98% 1.25%: 141 banks1.25% 1.52%: 148 banks1.52% 1.79%: 85 banks1.79% 2.06%: 59 banksFrom 2.06%: 86 banks≤-0.38%≥2.33%
Median 1.07%Selected bank -0.07%
Distribution data
First and last bins include all tail observations.
RangeBanks
< -0.11%66
-0.11% to < 0.16%35
0.16% to < 0.43%66
0.43% to < 0.7%105
0.7% to < 0.98%130
0.98% to < 1.25%141
1.25% to < 1.52%148
1.52% to < 1.79%85
1.79% to < 2.06%59
≥ 2.06%86

Full range: -12.76% to 20.53%. 2 missing values excluded. Central scale uses the 5th to 95th percentile; outliers are pooled into edge bins.

Value percentile: 7 / 100. Larger values are not necessarily better.

Net interest margin923 reported
074148Up to 2.83%: 86 banks2.83% 3.11%: 70 banks3.11% 3.4%: 95 banks3.4% 3.68%: 134 banks3.68% 3.97%: 148 banks3.97% 4.26%: 110 banks4.26% 4.54%: 90 banks4.54% 4.83%: 65 banks4.83% 5.11%: 56 banksFrom 5.11%: 69 banks≤2.54%≥5.4%
Median 3.82%Selected bank 2.64%
Distribution data
First and last bins include all tail observations.
RangeBanks
< 2.83%86
2.83% to < 3.11%70
3.11% to < 3.4%95
3.4% to < 3.68%134
3.68% to < 3.97%148
3.97% to < 4.26%110
4.26% to < 4.54%90
4.54% to < 4.83%65
4.83% to < 5.11%56
≥ 5.11%69

Full range: -0.95% to 7.75%. 0 missing values excluded. Central scale uses the 5th to 95th percentile; outliers are pooled into edge bins.

Value percentile: 7 / 100. Larger values are not necessarily better.

Efficiency ratio923 reported
082164Up to 49.19%: 101 banks49.19% 55.58%: 81 banks55.58% 61.98%: 164 banks61.98% 68.37%: 154 banks68.37% 74.76%: 115 banks74.76% 81.15%: 102 banks81.15% 87.54%: 78 banks87.54% 93.94%: 49 banks93.94% 100.33%: 23 banksFrom 100.33%: 56 banks≤42.8%≥106.72%
Median 66.7%Selected bank 102.5%
Distribution data
First and last bins include all tail observations.
RangeBanks
< 49.19%101
49.19% to < 55.58%81
55.58% to < 61.98%164
61.98% to < 68.37%154
68.37% to < 74.76%115
74.76% to < 81.15%102
81.15% to < 87.54%78
87.54% to < 93.94%49
93.94% to < 100.33%23
≥ 100.33%56

Full range: 0% to 436.9%. 0 missing values excluded. Central scale uses the 5th to 95th percentile; outliers are pooled into edge bins.

Value percentile: 94 / 100. Larger values are not necessarily better.

Equity to assets923 reported
081162Up to 7.9%: 118 banks7.9% 9.39%: 149 banks9.39% 10.89%: 162 banks10.89% 12.39%: 160 banks12.39% 13.88%: 92 banks13.88% 15.38%: 81 banks15.38% 16.88%: 48 banks16.88% 18.38%: 33 banks18.38% 19.87%: 16 banksFrom 19.87%: 64 banks≤6.4%≥21.37%
Median 11.1%Selected bank 3.3% (outside central range)
Distribution data
First and last bins include all tail observations.
RangeBanks
< 7.9%118
7.9% to < 9.39%149
9.39% to < 10.89%162
10.89% to < 12.39%160
12.39% to < 13.88%92
13.88% to < 15.38%81
15.38% to < 16.88%48
16.88% to < 18.38%33
18.38% to < 19.87%16
≥ 19.87%64

Full range: 1.5% to 99.1%. 0 missing values excluded. Central scale uses the 5th to 95th percentile; outliers are pooled into edge bins.

Value percentile: 1 / 100. Larger values are not necessarily better.

Uninsured deposits923 reported
076152Up to 9.26%: 128 banks9.26% 12.92%: 129 banks12.92% 16.58%: 143 banks16.58% 20.24%: 152 banks20.24% 23.89%: 103 banks23.89% 27.55%: 91 banks27.55% 31.21%: 53 banks31.21% 34.87%: 42 banks34.87% 38.53%: 19 banksFrom 38.53%: 63 banks≤5.6%≥42.19%
Median 18%Selected bank 27.1%
Distribution data
First and last bins include all tail observations.
RangeBanks
< 9.26%128
9.26% to < 12.92%129
12.92% to < 16.58%143
16.58% to < 20.24%152
20.24% to < 23.89%103
23.89% to < 27.55%91
27.55% to < 31.21%53
31.21% to < 34.87%42
34.87% to < 38.53%19
≥ 38.53%63

Full range: 0.4% to 97.5%. 0 missing values excluded. Central scale uses the 5th to 95th percentile; outliers are pooled into edge bins.

Value percentile: 80 / 100. Larger values are not necessarily better.

Noncurrent loans923 reported
0239477Up to 0.42%: 477 banks0.42% 0.84%: 123 banks0.84% 1.26%: 84 banks1.26% 1.68%: 60 banks1.68% 2.09%: 43 banks2.09% 2.51%: 28 banks2.51% 2.93%: 22 banks2.93% 3.35%: 19 banks3.35% 3.77%: 12 banksFrom 3.77%: 55 banks≤0%≥4.19%
Median 0.38%Selected bank 1.07%
Distribution data
First and last bins include all tail observations.
RangeBanks
< 0.42%477
0.42% to < 0.84%123
0.84% to < 1.26%84
1.26% to < 1.68%60
1.68% to < 2.09%43
2.09% to < 2.51%28
2.51% to < 2.93%22
2.93% to < 3.35%19
3.35% to < 3.77%12
≥ 3.77%55

Full range: 0% to 21.44%. 0 missing values excluded. Central scale uses the 5th to 95th percentile; outliers are pooled into edge bins.

Value percentile: 70 / 100. Larger values are not necessarily better.

Custom asset cohort, not official UBPR peers. At least five reported observations required per metric.

Reported facts, not a recommendation

Operating evidence

6 / 6 available
Same-period comparisons. Changes in basis points; 100 bp = 1 percentage point.
MetricReportedQoQYoYPeer medianValue percentileValid peers
Earnings-0.07%-25 bp+24 bp1.07%7 / 100921
Earnings2.64%+7 bp+29 bp3.82%7 / 100923
Earnings102.50%N/AN/A66.70%94 / 100923
Capital3.30%-50 bp+150 bp11.10%1 / 100923
Franchise27.10%N/AN/A18.00%80 / 100923
Credit1.07%N/AN/A0.38%70 / 100923
Peer definition, reporting period and interpretation

Custom asset cohort: active banks with 0.5× to 2× this bank’s assets in the same reporting period, excluding this bank. The cohort has 923 institutions. Each metric excludes missing values; fewer than five valid peers suppresses the median and percentile. This is not an official UBPR peer group.

A higher percentile means a larger value, not a better bank. Ties use midrank. Equity/assets is not a regulatory capital ratio. ROA and margin retain the provider’s reported definitions; quarter changes compare reported ratios, not standalone quarterly earnings.

Financial period: 2026-03-31. Missing periods remain N/A. Source: Call Report financials via FDIC.

Questions to take into diligence
  • Return on assets: Separate recurring earnings from one-off items before setting a valuation.
  • Net interest margin: Review deposit repricing and asset yields to test earnings durability.
  • Efficiency ratio: Validate achievable cost savings and the integration expense required.
  • Equity to assets: Test closing capital after credit marks and acquisition costs. This is not a regulatory capital ratio.
  • Uninsured deposits: Review depositor concentration, retention and liquidity under runoff assumptions.
  • Noncurrent loans: Inspect loan-level losses, reserves and collateral before accepting a credit mark.
Diligence considerations

Factors to review

Diligence priorities

1

Efficiency ratioValidate achievable cost savings and the integration expense required.

2

Uninsured depositsReview depositor concentration, retention and liquidity under runoff assumptions.

3

Equity to assetsTest closing capital after credit marks and acquisition costs. This is not a regulatory capital ratio.

Franchise footprint

3 reported branches

$82.6M branch deposits
  1. 1
    Medford BranchMedford, MN · Steele
    $32.2MDeposits
  2. 2
    Mazeppa BranchMazeppa, MN · Wabasha
    $29.1MDeposits
  3. 3
    The First State Bank Of Red WingRed Wing, MN · Goodhue
    $21.4MDeposits

Evidence timeline

Structure changes and public-company filings

0 linked records