The First State Bank of Red Wing
Headquarters: Red Wing, Minnesota
Overview
The First State Bank of Red Wing is an FDIC-insured bank headquartered in Red Wing, Minnesota. It reported $84.94M in assets and $81.98M in deposits for the period ending March 31, 2026. Bankular currently lists 3 branch locations.
What Bankular checked
These dates identify the official records and review steps supporting this profile.
Quarterly change
What changed since the previous report
December 31, 2025 to March 31, 2026
These comparisons use consecutive official regulatory reporting periods. A change is descriptive and is not a recommendation or safety rating.
Financial indicators
Capital, profitability and credit quality
These are the latest reported capital, profitability and credit-quality measures available for this institution. Read the figures together rather than as a single safety rating.
Locations
Find a branch of The First State Bank of Red Wing
Main Office
3209 S Service Dr, Red Wing, Minnesota, 55066
Full-service branch · Opened October 14, 1915
Mazeppa Branch
First Street And State Highway 60, Mazeppa, Minnesota, 55956
Full-service branch · Opened January 1, 1909
Medford Branch
115 1st St NE, Medford, Minnesota, 55049
Full-service branch · Opened October 16, 1912
Financial overview
Latest reported figures
Through March 31, 2026
Financial trends
How the balance sheet has changed
Compare recent quarters to see the direction of assets, deposits and loans.
| Quarter | Assets | Deposits | Net loans | ROA |
|---|---|---|---|---|
| March 31, 2026 | $84.94M | $81.98M | $34.27M | -0.07% |
| December 31, 2025 | $85.75M | $82.38M | $34.88M | 0.18% |
| September 30, 2025 | $84.53M | $81.58M | $35.50M | 0.13% |
| June 30, 2025 | $84.97M | $82.64M | $34.94M | -0.05% |
| March 31, 2025 | $82.81M | $81.10M | $33.08M | -0.31% |
| December 31, 2024 | $80.56M | $79.59M | $32.57M | 0.08% |
| September 30, 2024 | $82.64M | $77.79M | $33.40M | 0.05% |
| June 30, 2024 | $79.61M | $76.40M | $32.63M | -0.16% |
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More on The First State Bank of Red Wing
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Branch locations
3 listed locations.
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Explore →State banking market
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Explore →Red Wing banking market
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Explore →Sources and methodology
Review the official sources and reporting periods.
Explore →Frequently asked questions
Is The First State Bank of Red Wing federally insured?
Yes. Bankular identifies this institution in FDIC records under certificate 8191.
Where is The First State Bank of Red Wing headquartered?
The First State Bank of Red Wing is headquartered in Red Wing, Minnesota, at 3209 S Service Dr, Red Wing, Minnesota, 55066.
How large is The First State Bank of Red Wing?
It reported $84.94M in assets and $81.98M in deposits for the period ending March 31, 2026.
How many locations does The First State Bank of Red Wing have?
Bankular currently lists 3 branch locations for this institution.
Data sources and methodology
Bankular combines official regulatory records with institution-published product information. The detailed sources are available below for readers who want to verify a figure.