Great Northern Bank
Saint Michael, MN — Domestic Branch of a Domestic Bank
Acquired Mar 2014
Vitals
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Total Assets71.2M -1.0 %
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Total Deposits64.7M -2.2 %
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Total Net Loans36.8M -12.8 %
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Net Income666000.0000 60.5 %
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Book Value4.8M 9.4 %
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Book Value x29.5M 9.4 %
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Book Value x314.3M 9.4 %
Balance Sheet Highlights
Financial Highlights | Great Northern Bank | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 71,230 | 130,832 |
Total Net Loans | 36,834 | 81,249 |
Total Deposits | 64,703 | 112,584 |
Total Equity | 4,766 | 13,127 |
Profitability | ||
Net Income | 666 | 1,303 |
Return on Average Assets | .935 | .952 |
Return on Average Equity | 14.788 | 9.157 |
Net Interest Margin | 3.919 | 3.83 |
Efficiency Ratio | 95.524 | 71.481 |
Noninterest Income/Revenue | 7.968 | 13.093 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 56.928 | 69.667 |
Securities/Assets | .103 | .196 |
Total Equity/Total Assets | .067 | .1 |
Tangible Equity/Tangible Assets | .067 | .099 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 5,010 | 12,887 |
Tier 2 Capital | 521 | 1,021 |
Total Capital | 5,531 | 13,935 |
Total Risk Weighted Assets | 43,089 | 90,245 |
Leverage Ratio | 7 | 9.986 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 11.63 | 15.223 |
Total Capital Ratio | 12.84 | 16.349 |
Timeline for Great Northern Bank
First American Bank, N.A.
Great Northern Bank was acquired by First American Bank, N.A. 10 years
View Profile Mar 01 2014Great Northern Bank
Great Northern Bank was established 24 years ago and is currently headquartered in Saint Michael, MN.
Oct 04 1999Great Northern Corporation
Great Northern Corporation became a new parent organization for Great Northern Bank.
View Profile Oct 04 1999Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
First American Bank, N.A. | Buyer | 184,911 | Acquisition | Discontinued | 3/1/2014 |
Relationships | Role | Relationship Start | Relationship End |
Great Northern Corporation | Parent | 10/4/1999 | 2/28/2014 |
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