Northern Interstate Bank, N. A., Financial Information

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.

The State Bank of Norway was chartered on June 12, 1901, when the city was a booming mining town. Two years later, the bank's state charter was converted and its name was changed to First National Bank of Norway. In 1993, the bank built a new 9,000-square-foot main office at 501 West U.S. Hwy 2, on the city of Norway’s west side. Four years later, The First National Bank of Norway opened a full service grocery-store branch office in the downtown area at Ebeling's Supermarket, 531 Main Street. In 2001, the bank has explanded into Iron Mountain with its second branch at 1917 N. Stephenson Avenue. The First National Bank of Norway is the hometown, independent, community bank.

Main Office
501 W US Hwy 2, Norway,
Michigan 49870
PO Box 218
906-563-9233

Iron Mountain Office
1917 N Stephenson Ave.
Iron Mountain, Michigan 49801
906-779-0455

Supermarket Office
531 Main St., Norway
Michigan 49870
906-563-9233

Carney Office
01 US Hwy 41 N, Carney
Michigan 49812
PO Box 7
Carney, MI 49812
906-639-2600