Bayport, MN
Bank First State Bank and Trust
First State Bank and Trust is a federally insured bank based in Bayport, Minnesota.
- Type
- Bank
- Charter
- State-chartered commercial bank, not a Federal Reserve member
- Primary regulator
- FDIC
- Established
- January 1, 1914
- Headquarters
- Bayport, MN
- FDIC certificate #
- 10159
- Fed RSSD ID
- 144856
- Holding company
- Universal Finl Services Inc
- Website
- www.fsbt.com
$471M
Total assets Data as of Q1 2026
$429.3M
Total deposits Data as of Q1 2026
4
Branch locations Data as of Q1 2026
$1.9M
Net income Data as of Q1 2026
1.62%
Return on assets Data as of Q1 2026
Source: U.S. FDIC BankFind & NCUA 5300 Call Report (public data). Data sources · Data as of Q1 2026
Branches by state
First State Bank and Trust operates 4 branch locations across 2 states. Select a state to drill down to its towns and individual branches.
Ownership
First State Bank and Trust is owned by Universal Finl Services Inc. See the full ownership & merger history.
First State Bank and Trust financial summary
Other banks in Minnesota
Federally insured banks headquartered in Minnesota, by total assets.
- Ameriprise Bank, FSB $25.51B
- Bridgewater Bank $5.32B
- Frandsen Bank & Trust $3.69B
- Stearns Bank National Association $3.3B
- Minnwest Bank $2.97B
- Merchants Bank, National Association $2.93B
- Tradition Capital Bank $2.68B
- Think Mutual Bank $2.27B
Similar-size banks
Institutions close to First State Bank and Trust’s $471M in assets.
- FSNB, National Association $471.2M
- Citizens Bank & Trust Company $471.4M
- Southwest Capital Bank $471.5M
- FirstBank of Nebraska $470.3M
- Community State Bank of Orbisonia $472.1M
- Meade County Bank $469.7M