Vitals
  • Total Assets
    120.9M
  • Total Deposits
    98.9M
  • Total Net Loans
    62.7M
  • Net Income
    859000.0000
  • Book Value
    18.7M
  • Book Value x2
    37.3M
  • Book Value x3
    56.0M
ROAA

1.433

ROAE

9.209

Efficiency Ratio

58

Net Interest Margin

5.386

Balance Sheet Highlights
Financial Highlights Community National Bank Of Grand Forks All Insured Commercial Banks in North Dakota
Balance Sheet $(000)
Total Assets 120,913 82,140
Total Net Loans 62,691 53,716
Total Deposits 98,946 64,586
Total Equity 18,672 8,227
Profitability
Net Income 859 513
Return on Average Assets 1.433 1.213
Return on Average Equity 9.209 11.755
Net Interest Margin 5.386 4.191
Efficiency Ratio 58 61.536
Noninterest Income/Revenue 16.307 10.725
Balance Sheet Ratios
Loan-to-Deposit 63.359 74.721
Securities/Assets .269 .478
Total Equity/Total Assets .154 .1
Tangible Equity/Tangible Assets .092 .011
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 10,279 7,342
Tier 2 Capital 808 713
Total Capital 11,087 8,053
Total Risk Weighted Assets 73,471 59,446
Leverage Ratio 9.2 9.763
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.99 14.127
Total Capital Ratio 15.09 15.365

Timeline for Community National Bank Of Grand Forks

Community Bank Of The Red River Valley

Community National Bank Of Grand Forks was acquired by Community Bank Of The Red River Valley 20 years

View Profile Aug 29 2003

Frandsen Financial Corporation

Frandsen Financial Corporation became a new parent organization for Community National Bank Of Grand Forks.

View Profile Apr 04 2002

Community National Corporation

Community National Corporation became a new parent organization for Community National Bank Of Grand Forks.

View Profile Aug 31 1984

Community National Bank Of Grand Forks

Community National Bank Of Grand Forks was established 61 years ago and is currently headquartered in Grand Forks, ND.

Apr 30 1963
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Community Bank Of The Red River Valley Buyer 282,114 Pooling of Interests Discontinued 8/29/2003
Relationships Role Relationship Start Relationship End
Frandsen Financial Corporation Parent 4/4/2002 8/28/2003
Community National Corporation Parent 8/31/1984 4/3/2002
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