Northern State Bank of Thief River Falls
Thief River Falls, MN · Cert 15286 · Peer group: banks under $1B in assets in MN (n=112-114) · Gato Holdings Inc.
State charter, non-member · FDIC · 3 branches
Q2 2026
$550.0MAssets
$195.9MLoans
$499.3MDeposits
$49.0MEquity
Executive Summary
- Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in MN (rank 36 of 112).
- Widest gap: net interest margin trails 96% of banks under $1B in assets in MN (rank 110 of 114).
- Overall: at or above the peer median on 5 of 9 directional measures.
Return on Assets
0.84%
Rank 90 of 114
Net Interest Margin
2.56%
Rank 110 of 114
Efficiency Ratio
53.73%
Rank 27 of 114
Equity / Assets
8.91%
Rank 82 of 114
Non-interest income vs. expense
Unfavorable gap of $6.6M · efficiency ratio beats 77% 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 | 0.84% | 0.87% | 1.20% | 1.41% | Beats 21% | 90 / 114 | | |
| Return on Equity | 9.47% | 8.92% | 11.27% | 13.99% | Beats 31% | 79 / 114 | | |
| Net Interest Margin | 2.56% | 3.39% | 3.88% | 4.31% | Beats 4% | 110 / 114 | | |
| Efficiency Ratio | 53.73% | 54.13% | 61.64% | 69.86% | Beats 77% | 27 / 114 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.57% | 0.09% | 0.58% | 1.82% | Beats 52% | 55 / 112 | | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.00% | 0.04% | Beats 100% | 36 / 112 | | |
| Capital |
| Tier 1 Capital Ratio | 24.96% | 11.46% | 13.31% | 18.13% | Beats 90% | 11 / 114 | | |
| Total Risk-Based Capital Ratio | 26.21% | 12.01% | 14.43% | 19.39% | Beats 90% | 11 / 114 | | |
| Equity / Assets | 8.91% | 8.52% | 10.22% | 11.94% | Beats 28% | 82 / 114 | | |
| Liquidity & Funding |
| Loans / Deposits | 39.24% | 62.85% | 77.32% | 88.06% | 4th pctl | 108 / 112 | | |
| Loans / Assets | 35.62% | 55.01% | 66.35% | 75.50% | 6th pctl | 107 / 114 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |