North Shore Bank Of Commerce
Duluth, MN — State Member Bank
Active
Vitals
-
Total Assets266.7M 5.6 %
-
Total Deposits246.4M 6.2 %
-
Total Net Loans181.2M -1.1 %
-
Net Income4.3M 65.9 %
-
Book Value16.8M 4.4 %
-
Book Value x233.5M 4.4 %
-
Book Value x350.3M 4.4 %
Balance Sheet Highlights
Financial Highlights | North Shore Bank Of Commerce | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 266,713 | 147,703 |
Total Net Loans | 181,150 | 97,223 |
Total Deposits | 246,445 | 126,600 |
Total Equity | 16,764 | 15,565 |
Profitability | ||
Net Income | 4,287 | 1,683 |
Return on Average Assets | 1.696 | 1.08 |
Return on Average Equity | 25.974 | 9.905 |
Net Interest Margin | 3.725 | 3.845 |
Efficiency Ratio | 71.053 | 68.21 |
Noninterest Income/Revenue | 48.146 | 13.68 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 73.505 | 75.205 |
Securities/Assets | .094 | .174 |
Total Equity/Total Assets | .063 | .105 |
Tangible Equity/Tangible Assets | .063 | .103 |
Capital Adequacy | ||
Tier 1 Common Capital | 17,000 | 15,225 |
Tier 1 Capital | 17,000 | 15,232 |
Tier 2 Capital | 1,495 | 1,135 |
Total Capital | 18,495 | 16,386 |
Total Risk Weighted Assets | 154,283 | 105,251 |
Leverage Ratio | 6.59 | 10.475 |
Common Equity Tier 1 Capital Ratio | 11.02 | 15.3 |
Tier 1 Capital Ratio | 11.02 | 15.308 |
Total Capital Ratio | 11.99 | 16.398 |
Timeline for North Shore Bank Of Commerce
Airport State Bank Of Duluth
Acquisition: North Shore Bank Of Commerce acquired a new subsidiary, Airport State Bank Of Duluth, 33 years
View Profile Dec 30 1990North Shore Financial Corporation
North Shore Financial Corporation became a new parent organization for North Shore Bank Of Commerce.
View Profile Dec 17 1985North Shore State Bank
Acquisition: North Shore Bank Of Commerce acquired a new subsidiary, North Shore State Bank, 40 years
View Profile Dec 31 1983North Shore Bank Of Commerce
North Shore Bank Of Commerce was established 108 years ago and is currently headquartered in Duluth, MN.
Sep 14 1915Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Airport State Bank Of Duluth | Seller | 14,706 | Discontinued | 12/30/1990 | |
North Shore State Bank | Seller | 18,013 | Discontinued | 12/31/1983 |
Relationships | Role | Relationship Start | Relationship End |
North Shore Financial Corporation | Parent | 8/5/1997 | |
North Shore Financial Corporation | Parent | 12/31/1996 | 8/4/1997 |
North Shore Financial Corporation | Parent | 4/5/1994 | 12/30/1996 |
North Shore Financial Corporation | Parent | 7/30/1993 | 4/4/1994 |
North Shore Financial Corporation | Parent | 12/17/1985 | 7/29/1993 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Peoples Bank & Trust Company Of Hazard
|
Hazard | KY | 261.7M |
Connection Bank
|
Fort Madison | IA | 267.2M |
Oregon Community Bank & Trust
|
Oregon | WI | 260.3M |
Verus Bank Of Commerce
|
Fort Collins | CO | 252.3M |
Midwest Independent Bank
|
Jefferson City | MO | 272.6M |
Liberty Bank
|
South San Francisco | CA | 268.3M |
First Choice Bank
|
Pontotoc | MS | 269.1M |
The Farmers & Merchants Bank
|
Berlin | WI | 253.0M |
Five Points Bank Of Hastings
|
Hastings | NE | 277.4M |
Peoples State Bank Of Plainview
|
Plainview | MN | 250.0M |