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The First National Bank of Bemidji, Financial Information

AboutThe First National Bank of Bemidji

 Address:
1600 Paul Bunyan Dr
Bemidji,MN
Beltrami County,Minnesota
 Established:
Nov 1897
 Number of domestic offices:
4
Total assets$795M
Net income$16M
Net income,quarterly$4M
Total deposits$648M
Domestic deposits$648M
Equity capital$111M
ROA2.11%
ROAQ,quarterly1.83%
ROA,pretax1.83%
ROAQ,quarterly,pretax1.83%
ROE15.04%
ROEQ,quarterly13.21%
UpdatedMay 20, 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.

First National Bank Bemidji's Main Office is located at 1600 Paul Bunyan Dr NW. The office opened on February 19, 2008. There are two drive-up ATMs. The Safe Deposit area is located on the Main floor and is open Monday - Saturday.

First National Bank Bemidji features approximately $400 million in assets with 110 full and part-time employees. Its banking products include savings, checking, safe deposit boxes, loans, mortgages, 1st TeleBanc, 1st Net Connection and disclosures. The company also features United States savings bonds, wire transfers, notary public service, direct deposit, cashier s checks, bill paying services, account balancing and safe deposit boxes.

First National Bank Bemidji has grown to $601 million in assets with 110 full and part-time employees. Thomas E. Welle is President and Chairman of the Board. The bank is rated highly for its safety and soundness and continues its strong commitment to the Bemidji community.

Historical Data