Park State Bank
Headquartered in Duluth, MN. Part of Park Financial Group, Inc. FDIC certificate #8851 · Federal Reserve RSSD 286457.
Total assets
$1.5B
Deposits
$1.2B
Q1 2026
Active branches
17
Closings since Jan 2020
9
2 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$5M
Return on assets
1.43%
Return on equity
14.70%
Noncurrent loan rate
0.98%
Deposits by year (Summary of Deposits)
02019
02020
12021
12022
12023
12024
12025
Values in $ billions, June 30 of each year.
Closings by year
12020
22021
12022
22023
22025
12026
Openings by year
12020
12024
Other network changes since 2020
- 1 branch relocations
- 19 branches acquired through purchases or mergers
Branches by state
Recent closings
- 231 W LAKE ST · closed July 10, 2026
- 32 S RIVER ST · closed December 5, 2025
- PLATT AVE E · closed January 22, 2025
- U.S. HIGHWAY 169 · closed December 20, 2023
- 1600 MILLER TRUNK HWY · closed May 19, 2023
- 802 11TH ST · closed May 22, 2022
- 522 E HOWARD STREET · closed May 23, 2021
- 2310 3RD STREET NW · closed May 23, 2021
- 1108 NICOLLET MALL · closed August 27, 2020
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.parkstatebank.com.