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Northern State Bank of Thief River Falls

Thief River Falls, MN
IDRSSD: 188056
Total Assets
$446.52M
Latest filing
Total Deposits
$394.94M
Latest filing
Net Interest Margin
2.65%
Profitability
0

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 ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date08/24/1935
Community BankYes
Ownership TypeNot Mutual
ZIP56701
State and County Number27113
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 NameN/A

Operational Info

Number of Employees51
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance10/02/1935
Primary Insurance AgencyDIF
Websitewww.nsbtrf.com
Data Updated11/14/2025
CERT15286
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$446.52M
Total Deposits$394.94M
Total Liabilities$396.65M
Total Equity Capital$49.87M
Net Income$1.13M
Net Loans and Leases$194.51M
Assets Per Employee ($Millions)$8.76M
Bank Premises and Fixed Assets$3.53M
Cash and Balances due from Depository Institutions$91.33M
Deposits Held in Domestic Offices$394.94M

Key Performance Ratios

Return on Assets (ROA)0.99%
Return on Equity (ROE)9.17%
Net Interest Margin2.65%
Efficiency Ratio56.3%
Tier 1 Risk-Based Capital Ratio25.993%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.07%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.169%
Earning Assets to total Assets96.61%

Income and Expense

Total Interest Income$5.53M
Total Noninterest Income$224.00k
Total Interest Expense$2.63M
Total Noninterest Expense$1.76M
Net Interest Income$2.90M
Pre-tax Net Operating Income$1.29M
Provision for Credit Losses$75.00k
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$61.00k
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.65M
Total Liabilities and Capital$446.52M

Securities

Securities$153.01M
Available-for-sale debt securities$153.01M
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 Northern State Bank of Thief River Falls?
$446.52M as of the latest filing.
How much are Northern State Bank of Thief River Falls's total deposits?
$394.94M in total deposits.
Where is Northern State Bank of Thief River Falls located?
Thief River Falls, MN.
What is the Net Interest Margin?
2.65%.
How many domestic offices does it operate?
3.
When was it established?
08/24/1935.
What is the Return on Assets (ROA)?
0.99%.
How much are total loans and leases?
$194.51M (latest filing).
What is the total interest income (latest filing)?
$5.53M.