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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 : |
2025-06-30 |
| Gonvick, Minnesota, 56644 |
Updated : |
2025-07-22 |
| 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 | 50,279 |
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Total Interest Income | 1,278 |
| Total Liabilities | 42,103 |
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Total NonInterest Income | 26 |
| Total Bank Equity Capital | 8,176 |
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Total Interest Expense | 556 |
| Total Deposits | 41,898 |
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Total NonInterest Expense | 355 |
| Net Loans & Leases | 16,004 |
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Net Income | 320 |
| Loan Loss Allowance | 616 |
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Net Charge Offs | (6) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 8,281 |
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Total loans | 16,754 |
| Total assets for the leverage ratio | 52,158 |
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Loans secured by real estate: | 9,173 |
| Tier 1 Leverage Ratio | 15.5 |
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Commercial and industrial loans | 2,794 |
| Tier 1 Capital Ratio | 52.69 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 53.98 |
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Loans to individuals - Other | 2,531 |
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:· The Northern State Bank of Gonvick
