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BankHealth

NORTHEAST BANK

MINNEAPOLIS, MINNESOTA · FDIC Cert #16659

A
Health Score
91/100
$743M
Total Assets
$680M
Total Deposits
13.02%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, NORTHEAST BANK holds a Tier 1 capital ratio of 13.02%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning NORTHEAST BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.02%
Nonperforming Loans
Low — healthy loan portfolio
29.59%
Liquidity Ratio
Strong — can meet withdrawal demands
1.23%
Return on Assets
Profitable — earning well on assets
$680M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

NORTHEAST BANK shows strong financial health indicators. With $743M in assets and a Health Score of 91/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

NORTHEAST BANK has a Bank Health Score of A (91/100). It holds a Tier 1 capital ratio of 13.02%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

NORTHEAST BANK holds $743M in total assets and $680M in total deposits. It is located in MINNEAPOLIS, MINNESOTA (FDIC Certificate #16659).

NORTHEAST BANK has a Tier 1 capital ratio of 13.02%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.02%, and the return on assets is 1.23%.

Yes. NORTHEAST BANK is FDIC-insured (Certificate #16659). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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