The Northern State Bank of Gonvick, Financial Information

AboutThe Northern State Bank of Gonvick

 Address:
283 Main Street
Gonvick,MN
Clearwater County,Minnesota
 Established:
May 1928
 Number of domestic offices:
1
Agriculture bank
Total assets$41M
Net income$0M
Net income,quarterly$0M
Total deposits$34M
Domestic deposits$34M
Equity capital$7M
ROA0.46%
ROAQ,quarterly0.75%
ROA,pretax0.75%
ROAQ,quarterly,pretax0.75%
ROE2.62%
ROEQ,quarterly4.41%
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.

The Northern State Bank of Gonvick is a commercial bank, state charter and Fed nonmember, supervised by the FDIC. The bank was established in 1928. As an independently owned, full service bank, The Northern State Bank of Gonvick offers many loan options to serve the growing needs of the customers and the community.

The Northern State Bank
P.O. Box 60
283 Main Street
Gonvick, MN 56644
218-487-5244
218-487-5247 Fax

Lobby
Monday - Thursday: 8:30am - 3:00pm
Friday: 8:30am - 5:00pm

Drive Up
Monday - Thursday: 8:30am - 3:30pm
Friday: 8:30am - 5:00pm
Saturday: 8:30am - 12:00noon