North Shore Bank of Commerce
Duluth, MN
IDRSSD: 126553
Total Assets
$582.84M
Latest filing
Total Deposits
$493.40M
Latest filing
Net Interest Margin
4.43%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
North Shore Bank of Commerce
131 W Superior St
Duluth, MN 55802
Full Service - Brick and Mortar
Updated 01/30/2026Established 09/14/1915FDIC Certificate 5645
Branches (6)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| North Shore Bank of Commerce (Main) | 131 W Superior St | Duluth, MN |
| HERMANTOWN BRANCH | 4810 Miller Trunk Hwy | Hermantown, MN |
| WOODLAND BRANCH | 17 E Calvary Rd | Duluth, MN |
| NORTHSHORE.BANK BRANCH | 131 W Superior St | Duluth, MN |
| AUTO BANK BRANCH | 19 N 2nd Ave | Duluth, MN |
| LAKESHORE BRANCH | 131 W Superior St | Duluth, MN |
| LAKESIDE BRANCH | 4801 E Superior St | Duluth, MN |
Showing 6 of 6
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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 09/14/1915 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55802 |
| State and County Number | 27137 |
| Subchapter S Corporations | Yes |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 09 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Duluth, MN-WI |
Operational Info
| Number of Employees | 126 |
| Domestic Offices | 7 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.northshore.bank |
| Data Updated | 01/30/2026 |
| CERT | 8850 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $582.84M |
| Total Deposits | $493.40M |
| Total Liabilities | $532.23M |
| Total Equity Capital | $50.61M |
| Net Income | $2.85M |
| Net Loans and Leases | $437.12M |
| Assets Per Employee ($Millions) | $4.66M |
| Bank Premises and Fixed Assets | $6.89M |
| Cash and Balances due from Depository Institutions | $49.53M |
| Deposits Held in Domestic Offices | $493.40M |
Key Performance Ratios
| Return on Assets (ROA) | 1.99% |
| Return on Equity (ROE) | 23.1% |
| Net Interest Margin | 4.43% |
| Efficiency Ratio | 66.54% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.08% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.684% |
| Earning Assets to total Assets | 91.61% |
Income and Expense
| Total Interest Income | $8.26M |
| Total Noninterest Income | $3.09M |
| Total Interest Expense | $2.47M |
| Total Noninterest Expense | $5.91M |
| Net Interest Income | $5.79M |
| Pre-tax Net Operating Income | $2.85M |
| Provision for Credit Losses | $120.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $29.60M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $9.23M |
| Total Liabilities and Capital | $582.84M |
Securities
| Securities | $53.69M |
| Available-for-sale debt securities | $53.69M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of North Shore Bank of Commerce?
$582.84M as of the latest filing.
How much are North Shore Bank of Commerce's total deposits?
$493.40M in total deposits.
Where is North Shore Bank of Commerce located?
Duluth, MN.
What is the Net Interest Margin?
4.43%.
How many domestic offices does it operate?
7.
When was it established?
09/14/1915.
What is the Return on Assets (ROA)?
1.99%.
How much are total loans and leases?
$437.12M (latest filing).
What is the total interest income (latest filing)?
$8.26M.