American Federal Bank

Fargo, ND
IDRSSD: 637170
Total Assets
$770.46M
Latest filing
Total Deposits
$597.48M
Latest filing
Net Interest Margin
4.01%
Profitability

Locations

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Main Office
American Federal Bank
215 5th St N
Fargo, ND 58102
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1891FDIC Certificate 41974

Branches (12)

Page 1 of 2
NameAddressCity / State
American Federal Bank (Main)215 5th St NFargo, ND
FOSSTON BRANCH209 Johnson Ave NFosston, MN
WAPHETON BRANCH615 2nd Ave NWahpeton, ND
FARGO SOUTH BRANCH1301 30th Ave SFargo, ND
CROOKSTON BRANCH304 N BroadwayCrookston, MN
ADA BRANCH201 E Main St SAda, MN
MOORHEAD BRANCH601 Center AveMoorhead, MN
WARREN BRANCH101 E Johnson AveWarren, MN
Showing 7 of 12

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassFederal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS
Primary RegulatorOCC
Established Date01/01/1891
Community BankYes
Ownership TypeNot Mutual
ZIP58102
State and County Number38017
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number09
Numeric code33
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameFargo, ND-MN

Operational Info

Number of Employees131
Domestic Offices13
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.americanfederalbank.com
Data Updated11/14/2025
CERT29140
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$770.46M
Total Deposits$597.48M
Total Liabilities$695.62M
Total Equity Capital$74.84M
Net Income$2.57M
Net Loans and Leases$658.27M
Assets Per Employee ($Millions)$5.97M
Bank Premises and Fixed Assets$10.04M
Cash and Balances due from Depository Institutions$9.70M
Deposits Held in Domestic Offices$597.48M

Key Performance Ratios

Return on Assets (ROA)1.34%
Return on Equity (ROE)13.97%
Net Interest Margin4.01%
Efficiency Ratio69.17%
Tier 1 Risk-Based Capital Ratio13.73%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.714%
Earning Assets to total Assets94.42%

Income and Expense

Total Interest Income$10.90M
Total Noninterest Income$1.09M
Total Interest Expense$3.62M
Total Noninterest Expense$5.79M
Net Interest Income$7.28M
Pre-tax Net Operating Income$2.58M
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$94.17M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$3.98M
Total Liabilities and Capital$770.46M

Securities

Securities$68.96M
Available-for-sale debt securities$68.89M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of American Federal Bank?
$770.46M as of the latest filing.
How much are American Federal Bank's total deposits?
$597.48M in total deposits.
Where is American Federal Bank located?
Fargo, ND.
What is the Net Interest Margin?
4.01%.
How many domestic offices does it operate?
13.
When was it established?
01/01/1891.
What is the Return on Assets (ROA)?
1.34%.
How much are total loans and leases?
$658.27M (latest filing).
What is the total interest income (latest filing)?
$10.90M.