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Northeast Bank
Northeast Bank
| RSSD ID 689357 | CERTIFICATE 16659 | ABA NUMBER 91000132 |
| 77 Broadway St Ne |
Quarter Ended : |
2025-06-30 |
| Minneapolis, Minnesota, 55413 |
Updated : |
2025-07-24 |
| www.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 : |
76 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 825,278 |
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Total Interest Income | 20,059 |
| Total Liabilities | 765,306 |
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Total NonInterest Income | 712 |
| Total Bank Equity Capital | 59,972 |
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Total Interest Expense | 5,177 |
| Total Deposits | 758,861 |
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Total NonInterest Expense | 9,677 |
| Net Loans & Leases | 589,058 |
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Net Income | 5,417 |
| Loan Loss Allowance | 5,404 |
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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 | 85,256 |
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Total loans | 580,362 |
| Total assets for the leverage ratio | 836,070 |
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Loans secured by real estate: | 465,791 |
| Tier 1 Leverage Ratio | 9.53 |
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Commercial and industrial loans | 111,157 |
| Tier 1 Capital Ratio | 11.86 |
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Loans to individuals - Credit Cards | 4 |
| Total Capital Ratio | 12.69 |
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Loans to individuals - Other | 1,013 |
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