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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 : |
2025-03-31 |
| Gonvick, Minnesota, 56644 |
Updated : |
2025-04-30 |
| www.nsbgonvick.com |
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| 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 | 52,435 |
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Total Interest Income | 646 |
| Total Liabilities | 44,489 |
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Total NonInterest Income | 12 |
| Total Bank Equity Capital | 7,946 |
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Total Interest Expense | 273 |
| Total Deposits | 44,334 |
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Total NonInterest Expense | 171 |
| Net Loans & Leases | 16,114 |
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Net Income | 186 |
| Loan Loss Allowance | 612 |
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Net Charge Offs | (1) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 8,158 |
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Total loans | 16,431 |
| Total assets for the leverage ratio | 52,226 |
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Loans secured by real estate: | 9,083 |
| Tier 1 Leverage Ratio | 15.22 |
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Commercial and industrial loans | 2,686 |
| Tier 1 Capital Ratio | 49.08 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 50.36 |
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Loans to individuals - Other | 2,513 |
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:· The Northern State Bank of Gonvick
