Vitals
  • Total Assets
    106.1M -23.2 %
  • Total Deposits
    72.5M -25.7 %
  • Total Net Loans
    74.7M -21.5 %
  • Net Income
    109000.0000 -81.9 %
  • Book Value
    24.6M 0.9 %
  • Book Value x2
    49.2M 0.9 %
  • Book Value x3
    73.7M 0.9 %
ROAA

.126

ROAE

.589

Efficiency Ratio

89.857

Net Interest Margin

4.219

Balance Sheet Highlights
Financial Highlights Northern National Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 106,102 110,372
Total Net Loans 74,708 77,159
Total Deposits 72,537 90,714
Total Equity 24,577 11,303
Profitability
Net Income 109 997
Return on Average Assets .126 1.005
Return on Average Equity .589 9.544
Net Interest Margin 4.219 3.991
Efficiency Ratio 89.857 73.299
Noninterest Income/Revenue 9.895 12.434
Balance Sheet Ratios
Loan-to-Deposit 102.993 81.782
Securities/Assets .081 .255
Total Equity/Total Assets .232 .102
Tangible Equity/Tangible Assets .093 .048
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 9,914 10,556
Tier 2 Capital 924 1,008
Total Capital 10,838 11,576
Total Risk Weighted Assets 73,565 84,942
Leverage Ratio 10.6 9.752
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.48 13.344
Total Capital Ratio 14.73 14.485

Timeline for Northern National Bank

Frandsen Bank & Trust

Northern National Bank was acquired by Frandsen Bank & Trust 14 years

View Profile Oct 17 2009

Frandsen Financial Corporation

Frandsen Financial Corporation became a new parent organization for Northern National Bank.

View Profile May 22 2008

Anderson Financial Group, Inc.

Anderson Financial Group, Inc. became a new parent organization for Northern National Bank.

View Profile Oct 21 1997

Northern National Bank

Northern National Bank was established 26 years ago and is currently headquartered in Nisswa, MN.

Oct 10 1997

International Bancorporation, Inc.

International Bancorporation, Inc. became a new parent organization for Northern National Bank.

View Profile Oct 10 1997
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Frandsen Bank & Trust Buyer 1,586,077 Pooling of Interests Discontinued 10/17/2009
Relationships Role Relationship Start Relationship End
Frandsen Financial Corporation Parent 5/22/2008 10/16/2009
Anderson Financial Group, Inc. Parent 10/21/1997 5/21/2008
International Bancorporation, Inc. Parent 10/10/1997 10/20/1997
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