Visbanking Logo

Northeast Bank

Minneapolis, MN
IDRSSD: 689357
Total Assets
$823.86M
Latest filing
Total Deposits
$741.03M
Latest filing
Net Interest Margin
3.89%
Profitability
0

Quarterly Trends

Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).

Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Similar banks

MidCountry Bank
Minneapolis, Minnesota
→
Assets: $1.07BΔ +30.0%
Luminate Bank
Minneapolis, Minnesota
→
Assets: $412.45MΔ -50.0%
Union Bank and Trust Company
Minneapolis, Minnesota
→
Assets: $200.98MΔ -75.6%
Ameriprise Bank, FSB
Minneapolis, Minnesota
→
Assets: $24.01BΔ +2809.1%
21st Century Bank
Loretto, Minnesota
→
Assets: $819.41MΔ -0.7%
Midwest Bank
Detroit Lakes, Minnesota
→
Assets: $839.37MΔ +1.7%

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/03/1948
Community BankYes
Ownership TypeNot Mutual
ZIP55413
State and County Number27053
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameMinneapolis-St. Paul-Bloomington, MN-WI

Operational Info

Number of Employees76
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/03/1948
Primary Insurance AgencyDIF
Websitewww.nebankmn.com
Data Updated11/14/2025
CERT16659
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$823.86M
Total Deposits$741.03M
Total Liabilities$757.39M
Total Equity Capital$66.48M
Net Income$2.29M
Net Loans and Leases$593.84M
Assets Per Employee ($Millions)$11.6M
Bank Premises and Fixed Assets$3.68M
Cash and Balances due from Depository Institutions$9.60M
Deposits Held in Domestic Offices$741.03M

Key Performance Ratios

Return on Assets (ROA)1.11%
Return on Equity (ROE)14.46%
Net Interest Margin3.89%
Efficiency Ratio61.64%
Tier 1 Risk-Based Capital Ratio11.882%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.45%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.069%
Earning Assets to total Assets97.72%

Income and Expense

Total Interest Income$10.70M
Total Noninterest Income$351.00k
Total Interest Expense$2.87M
Total Noninterest Expense$5.04M
Net Interest Income$7.83M
Pre-tax Net Operating Income$2.21M
Provision for Credit Losses$925.00k
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$8.50M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$7.86M
Total Liabilities and Capital$823.86M

Securities

Securities$210.73M
Available-for-sale debt securities$210.73M
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 Northeast Bank?
$823.86M as of the latest filing.
How much are Northeast Bank's total deposits?
$741.03M in total deposits.
Where is Northeast Bank located?
Minneapolis, MN.
What is the Net Interest Margin?
3.89%.
How many domestic offices does it operate?
3.
When was it established?
01/03/1948.
What is the Return on Assets (ROA)?
1.11%.
How much are total loans and leases?
$593.84M (latest filing).
What is the total interest income (latest filing)?
$10.70M.