Bank · FDIC insured
First State Bank and Trust
A $499M bank headquartered in Bayport, MN, with 3 branches in 2 states. Best rates: CDs 4.00% and savings 0.50% APY.
First State Bank and Trust Carrot Score
75
Carrot Score
Higher than 40% of U.S. banks and credit unions
#53 of 97 in Minneapolis, MN-WI metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About First State Bank and Trust
First State Bank and Trust is a community bank headquartered in Bayport, Minnesota, serving customers in Minnesota and Wisconsin.
- Headquarters
- 950 Highway 95 N, Bayport, MN 55003
- FDIC certificate
- 10159 ↗
Branches
3 branches in 2 states
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Minnesota
2 branches
- First State Bank and TrustMain office950 Highway 95 N, Bayport, MN 55003Directions
- Oak Park Heights Branch5891 Neal Ave N, Oak Park Heights, MN 55082Directions
Wisconsin
1 branch
- Hudson, Wi Branch680 Annabelle Way, Hudson, WI 54016Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 8.91% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.03% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.77% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $72 | $81 | — |
- CapitalLeverage ratio8.91%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.03%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.77%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$72Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of First State Bank and Trust are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.