Alliance Bank
Lake City, Minnesota, Wabasha County
$756M in total assets, the 1,336th largest of 4,309 US banks and 29th of 225 headquartered in Minnesota.
- FDIC certificate
- 10973
- Established
- 1867
- Owned by
- Alliance Finl Services Inc
- Primary regulator
- FDIC
- Website
- www.alliancebanks.com
At a glance
Compared with 150 banks headquartered in Minnesota with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $756M | 93% | $277M | |
| Loans | $616M | 95% | $181M | |
| Deposits | $658M | 93% | $243M | |
| Return on assets | 0.99% | 31% | 1.25% | |
| Net interest margin | 3.74% | 34% | 4.00% | |
| Efficiency ratio | 64.4% | 60% | 61.0% | |
| Equity to assets | 10.15% | 63% | 9.54% | |
| Loans to deposits | 94% | 75% | 82% |
Growth
Total assets grew -0.2% a year over the last 5 years and 2.7% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 2007 | Alliance Bank New Ulm, MN, an affiliate under the same holding company | $431M |
| Aug 2005 | American Bank Eau Claire, WI, an affiliate under the same holding company | $74M |
| Oct 2000 | Courtland State Bank Courtland, MN | $18M |
| Jul 1998 | Farmers State Bank of Huntley, Incorporated Huntley, MN, an affiliate under the same holding company | $11M |
| Jul 1998 | State Bank of Hanska Hanska, MN, an affiliate under the same holding company | $21M |
Where they operate
6 branches in 5 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Ramsey County, MN | $349M | 0.5% | 9 of 33 |
| Brown County, MN | $166M | 17.1% | 2 of 10 |
| Wabasha County, MN | $103M | 11.7% | 4 of 7 |
| Watonwan County, MN | $22M | 3.9% | 6 of 6 |
| Goodhue County, MN | $18M | 1.2% | 11 of 12 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 4 branches since 2016 (10 to 6, −40.0%). 0 opened, 0 acquired, 4 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 10 | |||
| 2017 | Closed 3 in Minnesota | 0 | 3 | −3 | 7 |
| 2020 | Closed Courtland | 0 | 1 | −1 | 6 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 41% | 25% | |
| Business (C&I) | 17% | 15% | |
| 1-4 family residential | 13% | 28% | |
| Farmland | 9% | 10% | |
| Multifamily | 8% | 4% | |
| Agricultural | 7% | 8% | |
| Construction and land | 3% | 5% | |
| Consumer | 2% | 4% | |
| Other | 1% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 45% | 49% | |
| Noninterest-bearing | 29% | 21% | |
| Time deposits | 25% | 30% |
Brokered deposits are 1.8% of deposits (peers 3.6%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.01% | 0.48% |
| Net charge-offs, annualized | -0.01% | 0.00% |
| Reserves to loans | 1.65% | 1.20% |
| Leverage ratio | 10.07% | 10.06% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Minnesota
Largest competitors in Ramsey County, MN
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/alliance-bank-lake-city-mn