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 The Northern State Bank of Gonvick
The Northern State Bank of Gonvick
| RSSD ID 75455 | CERTIFICATE 10187 | ABA NUMBER 91215817 |
| 283 Main St |
Quarter Ended : |
2025-12-31 |
| Gonvick, Minnesota, 56644 |
Updated : |
2026-02-12 |
| Institution Profile |
| Year Opened : |
1928 |
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 : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
5 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 54,598 |
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Total Interest Income | 2,515 |
| Total Liabilities | 46,621 |
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Total NonInterest Income | 52 |
| Total Bank Equity Capital | 7,977 |
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Total Interest Expense | 1,080 |
| Total Deposits | 46,388 |
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Total NonInterest Expense | 731 |
| Net Loans & Leases | 17,501 |
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Net Income | 656 |
| Loan Loss Allowance | 586 |
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Net Charge Offs | 4 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 7,981 |
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Total loans | 17,923 |
| Total assets for the leverage ratio | 52,315 |
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Loans secured by real estate: | 10,423 |
| Tier 1 Leverage Ratio | 14.85 |
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Commercial and industrial loans | 2,338 |
| Tier 1 Capital Ratio | 46.53 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 47.8 |
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Loans to individuals - Other | 2,624 |
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:· The Northern State Bank of Gonvick
