The Miners National Bank of Eveleth

Eveleth, MN
IDRSSD: 43856
Total Assets
$92.56M
Latest filing
Total Deposits
$80.86M
Latest filing
Net Interest Margin
4.63%
Profitability

Locations

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Main Office
The Miners National Bank of Eveleth
401 Grant Ave
Eveleth, MN 55734
Full Service - Brick and Mortar
Updated 11/14/2025Established 10/10/1903FDIC Certificate 3441

Branches (0)

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NameAddressCity / State
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The Miners National Bank of Eveleth (Main)401 Grant AveEveleth, MN

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 ClassCommercial bank, national (federal) charter, Fed member, and supervised by the OCC
Primary RegulatorOCC
Established Date10/10/1903
Community BankYes
Ownership TypeNot Mutual
ZIP55734
State and County Number27137
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code3
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameDuluth, MN-WI

Operational Info

Number of Employees14
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitehttp://www.mnbeveleth.com
Data Updated11/14/2025
CERT5141
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$92.56M
Total Deposits$80.86M
Total Liabilities$83.52M
Total Equity Capital$9.04M
Net Income$223.00k
Net Loans and Leases$65.03M
Assets Per Employee ($Millions)$6.61M
Bank Premises and Fixed Assets$1.17M
Cash and Balances due from Depository Institutions$10.73M
Deposits Held in Domestic Offices$80.86M

Key Performance Ratios

Return on Assets (ROA)0.98%
Return on Equity (ROE)9.99%
Net Interest Margin4.63%
Efficiency Ratio69.85%
Tier 1 Risk-Based Capital Ratio19.839%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.768%
Earning Assets to total Assets91.44%

Income and Expense

Total Interest Income$1.31M
Total Noninterest Income$31.00k
Total Interest Expense$351.00k
Total Noninterest Expense$695.00k
Net Interest Income$964.00k
Pre-tax Net Operating Income$300.00k
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$2.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$663.00k
Total Liabilities and Capital$92.56M

Securities

Securities$11.50M
Available-for-sale debt securities$9.25M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$2.25M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of The Miners National Bank of Eveleth?
$92.56M as of the latest filing.
How much are The Miners National Bank of Eveleth's total deposits?
$80.86M in total deposits.
Where is The Miners National Bank of Eveleth located?
Eveleth, MN.
What is the Net Interest Margin?
4.63%.
How many domestic offices does it operate?
1.
When was it established?
10/10/1903.
What is the Return on Assets (ROA)?
0.98%.
How much are total loans and leases?
$65.03M (latest filing).
What is the total interest income (latest filing)?
$1.31M.