Advertisement
The Northern State Bank Of Gonvick
Gonvick, MN · FDIC Certificate #10187 · Chartered 05/1
Total assets
$50.57M
Total deposits
$42.29M
Total equity
$8.10M
Net loans
$18.76M
Branches (offices)
1
Net income (YTD)
$411.00K
Rank: #4,040 of 4,213 U.S. banks by assets · #202 of 221 in Minnesota. Assets changed 0.6% and deposits 0.9% over the year to June 30, 2026.
Advertisement
Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.55% |
| Return on equity | 10.26% |
| Net interest margin (YTD) | 3.18% |
| Equity to assets | 16.02% |
| Tier 1 leverage ratio | 15.75% |
| Uninsured deposits (share of deposits) | 23.7% |
| Noncurrent loans (share of loans) | 1.00% |
| Net charge-offs (share of loans) | -0.01% |
| Loans to deposits | 44.4% |
| Real estate loans (share of loans) | 63.2% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $11.86M | 63.2% | |
| Commercial & industrial | $2.06M | 11.0% | |
| Consumer / individual | $2.54M | 13.5% | |
| Construction & development | $165.00K | 0.9% | |
| Agricultural | $2.88M | 15.3% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $43.85M | $37.39M | -$3.00K | $6.41M |
| Jun 2023 | $46.91M | $40.03M | $479.00K | $6.78M |
| Jun 2024 | $49.95M | $41.84M | $382.00K | $7.89M |
| Jun 2025 | $50.28M | $41.90M | $320.00K | $8.18M |
| Jun 2026 | $50.57M | $42.29M | $411.00K | $8.10M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $42.29M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $42.29M.
Similar-sized banks
Benton County State Bank ($50.75M) · Cowboy State Bank ($50.26M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
Advertisement