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Northern Sky Bank, Financial Information

About Northern Sky Bank

 Address:
1901 Sahlstrom Drive
Crookston, MN
Polk County, Minnesota
 Established:
Jan 1916
 Number of domestic offices:
1
Agriculture bank
Total assets$91M
Net income$1M
Net income, quarterly$0M
Total deposits$77M
Domestic deposits$77M
Equity capital$13M
ROA1.61%
ROAQ, quarterly1.36%
ROA, pretax1.36%
ROAQ, quarterly, pretax1.36%
ROE10.84%
ROEQ, quarterly9.27%
UpdatedMar 11, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Since 1916 Crookston National Bank has been a partner in the growth and progress of the Crookston area. Crookston National Bank has always operated as an independent community bank dedicated to customer service.

Crookston National Bank offers numerous Checking and Savings Accounts. Also for the short or long term investor, Crookston National Bank offers Certificates of Deposit and Retirement Accounts. For the business owner Crookston National Bank offers a variety of checking and savings accounts.

Crookston National Bank
1901 Sahlstrom Drive
P.O. Box 619
Crookston, MN 56716

Historical Data