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 Northeast Bank
Northeast Bank
| RSSD ID 689357 | CERTIFICATE 16659 | ABA NUMBER 91000132 |
| 77 Broadway St Ne |
Quarter Ended : |
2025-03-31 |
| Minneapolis, Minnesota, 55413 |
Updated : |
2025-04-24 |
| nebankmn.com |
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| Institution Profile |
| Year Opened : |
1948 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
77 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 805,268 |
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Total Interest Income | 9,677 |
| Total Liabilities | 747,330 |
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Total NonInterest Income | 352 |
| Total Bank Equity Capital | 57,938 |
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Total Interest Expense | 2,427 |
| Total Deposits | 741,908 |
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Total NonInterest Expense | 4,811 |
| Net Loans & Leases | 575,470 |
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Net Income | 2,791 |
| Loan Loss Allowance | 4,904 |
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Net Charge Offs | 8 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 83,480 |
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Total loans | 558,094 |
| Total assets for the leverage ratio | 815,130 |
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Loans secured by real estate: | 446,413 |
| Tier 1 Leverage Ratio | 9.62 |
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Commercial and industrial loans | 107,826 |
| Tier 1 Capital Ratio | 12.4 |
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Loans to individuals - Credit Cards | 2 |
| Total Capital Ratio | 13.21 |
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Loans to individuals - Other | 1,335 |
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:· Northeast Bank
