Northern State Bank of Gonvick, The
Gonvick, MN · Cert 10187 · Peer group: banks under $1B in assets in MN (n=111-113)
State charter, non-member · FDIC · 1 branch
Q2 2026
$50.6MAssets
$19.3MLoans
$42.3MDeposits
$8.1MEquity
Executive Summary
- Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in MN (rank 36 of 111).
- Widest gap: net interest margin trails 83% of banks under $1B in assets in MN (rank 94 of 113).
- Overall: at or above the peer median on 6 of 9 directional measures.
Return on Assets
1.38%
Rank 34 of 113
Net Interest Margin
3.10%
Rank 94 of 113
Efficiency Ratio
46.63%
Rank 9 of 113
Equity / Assets
16.02%
Rank 9 of 113
Non-interest income vs. expense
Unfavorable gap of $724K · efficiency ratio beats 93% of banks under $1B in assets in MN | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.38% | 0.87% | 1.20% | 1.41% | Beats 70% | 34 / 113 | | |
| Return on Equity | 8.58% | 8.92% | 11.27% | 13.99% | Beats 21% | 89 / 113 | | |
| Net Interest Margin | 3.10% | 3.42% | 3.88% | 4.31% | Beats 17% | 94 / 113 | | |
| Efficiency Ratio | 46.63% | 54.13% | 61.48% | 69.86% | Beats 93% | 9 / 113 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 1.00% | 0.09% | 0.58% | 1.82% | Beats 39% | 69 / 111 | | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.00% | 0.04% | Beats 100% | 36 / 111 | | |
| Capital |
| Tier 1 Capital Ratio | 46.18% | 11.53% | 13.31% | 18.13% | Beats 96% | 5 / 113 | | |
| Total Risk-Based Capital Ratio | 47.46% | 12.12% | 14.43% | 19.39% | Beats 96% | 5 / 113 | | |
| Equity / Assets | 16.02% | 8.52% | 10.10% | 11.94% | Beats 92% | 9 / 113 | | |
| Liquidity & Funding |
| Loans / Deposits | 45.74% | 62.08% | 77.32% | 88.06% | 9th pctl | 101 / 111 | | |
| Loans / Assets | 38.25% | 55.01% | 66.35% | 75.50% | 8th pctl | 104 / 113 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |