Vitals
  • Total Assets
    515.7M 4.1 %
  • Total Deposits
    461.0M 6.5 %
  • Total Net Loans
    316.7M 0.8 %
  • Net Income
    8.5M 14.2 %
  • Book Value
    50.0M -9.8 %
  • Book Value x2
    100.0M -9.8 %
  • Book Value x3
    150.0M -9.8 %
ROAA

1.692

ROAE

16.276

Efficiency Ratio

58.525

Net Interest Margin

3.863

Balance Sheet Highlights
Financial Highlights First National Bank North All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 515,655 147,703
Total Net Loans 316,721 97,223
Total Deposits 460,966 126,600
Total Equity 50,014 15,565
Profitability
Net Income 8,515 1,683
Return on Average Assets 1.692 1.08
Return on Average Equity 16.276 9.905
Net Interest Margin 3.863 3.845
Efficiency Ratio 58.525 68.21
Noninterest Income/Revenue 17.48 13.68
Balance Sheet Ratios
Loan-to-Deposit 68.708 75.205
Securities/Assets .202 .174
Total Equity/Total Assets .097 .105
Tangible Equity/Tangible Assets .09 .103
Capital Adequacy
Tier 1 Common Capital 48,576 15,225
Tier 1 Capital 48,576 15,232
Tier 2 Capital 3,902 1,135
Total Capital 52,478 16,386
Total Risk Weighted Assets 311,821 105,251
Leverage Ratio 9.45 10.475
Common Equity Tier 1 Capital Ratio 15.58 15.3
Tier 1 Capital Ratio 15.58 15.308
Total Capital Ratio 16.83 16.398

Timeline for First National Bank North

Lakes State Bank

Acquisition: First National Bank North acquired a new subsidiary, Lakes State Bank, 9 years

View Profile Apr 11 2015

Backus Office

Acquisition: First National Bank North acquired a new subsidiary, Backus Office , 33 years

View Profile Dec 15 1990

Walker Ban Co.

Walker Ban Co. became a new parent organization for First National Bank North.

View Profile Aug 06 1981

First National Bank North

First National Bank North was established 121 years ago and is currently headquartered in Walker, MN.

Dec 01 1902
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Lakes State Bank Seller 111,307 Pooling of Interests Discontinued 4/11/2015
Backus Office Seller Charter Retained 12/15/1990
Relationships Role Relationship Start Relationship End
Walker Ban Co. Parent 12/28/2000
Walker Ban Co. Parent 1/9/1997 12/27/2000
Walker Ban Co. Parent 2/14/1995 1/8/1997
Walker Ban Co. Parent 10/1/1989 2/13/1995
Walker Ban Co. Parent 9/1/1989 9/30/1989
Walker Ban Co. Parent 11/15/1985 8/31/1989
Walker Ban Co. Parent 8/6/1981 11/14/1985
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