Bank
First Bank Elk River
First Bank Elk River is a community-focused FDIC-insured bank based in Elk River, Minnesota, offering a wide range of financial services including deposit accounts, personal and business loans, and mortgages to local customers.
Key Statistics
As of December 2025, public records show First Bank Elk River has originated approximately $36.5M in loan volume over the past 12 months, with an average loan size of $575k.
Volume (12mo)
$36.5M
Avg Loan Size
$575k
Total Mortgages
359
Total Borrowers
68
Lending Entities
First Bank Elk River funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
359 mortgages recorded
+1 more not shown
Geography
First Bank Elk River's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 53
Volume (12mo): $35.9M
Total Volume: $198.3M
Mortgages (12mo): 1
Volume (12mo): $560k
Total Volume: $8.1M
Top Borrowers
The following individuals have the most recorded mortgage transactions with First Bank Elk River. Click on a borrower to view their full investor profile.
+65 more not shown
FAQ
What type of lender is First Bank Elk River?
First Bank Elk River is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (39%) and personal loans in their portfolio.
What entities does First Bank Elk River fund loans under?
First Bank Elk River originates mortgages through 2 different lending entities. The most common include First Bank Elk River. These are the legal entity names that appear on recorded mortgage documents.
Where is First Bank Elk River most active?
Based on recorded mortgages, First Bank Elk River is most active in Minnesota and Wisconsin.
How many loans has First Bank Elk River originated?
Public records show 359 mortgages recorded for First Bank Elk River, with $36.5M in volume over the past 12 months.
What is the average loan size for First Bank Elk River?
The average mortgage size for First Bank Elk River is $575k based on all recorded mortgages.
Does First Bank Elk River offer short-term loans?
First Bank Elk River primarily offers long-term financing, with only 9% of loans being short-term.
How is this data collected?
Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.