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Is Northeast Bank Safe?

Northeast Bank has a Bank Health Score of 91/100 (A), based on FDIC call report data. Its strongest factor is loan quality (100/100), while profitability is its weakest area (69/100).

Key Data

MetricValueScore
Tier 1 Capital Ratio13.02%85/100
Nonperforming Loan Ratio0.02%100/100
Liquidity Ratio29.59%98/100
Return on Assets1.23%69/100
Total Assets$0.7B

How does Northeast Bank compare?

With a Bank Health Score of 91/100, Northeast Bank sits 21.0 points above the national average of 70/100 for FDIC-insured banks. Within Minnesota, where 225 FDIC-insured banks are headquartered, Northeast Bank ranks above the state average of 73/100 (Grade B).

The bank's Tier 1 capital ratio of 13.02% is the federal regulator's headline measure of bank capital strength — it sits comfortably above the 8% "well-capitalized" threshold.Its nonperforming loan ratio of 0.02% is healthy — most loans are current.

What changed in the last year?

Over the last four quarters, Northeast Bank's Bank Health Score fell by 1.0 points to 91/100. Tier 1 capital was essentially flat at 13.02%.

Northeast Bank has a Bank Health Score of 91/100 (A), based on FDIC call report data. Its strongest factor is loan quality (100/100), while profitability is its weakest area (69/100).