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BankHealth

NORTHERN STB OF GONVICK

GONVICK, MINNESOTA · FDIC Cert #10187

A
Health Score
88/100
$50M
Total Assets
$42M
Total Deposits
52.92%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, NORTHERN STB OF GONVICK holds a Tier 1 capital ratio of 52.92%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning NORTHERN STB OF GONVICK has a strong buffer to absorb potential losses.

Key Financial Metrics

1.66%
Nonperforming Loans
Moderate — some loan stress
68.26%
Liquidity Ratio
Strong — can meet withdrawal demands
1.48%
Return on Assets
Profitable — earning well on assets
$42M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

NORTHERN STB OF GONVICK shows strong financial health indicators. With $50M in assets and a Health Score of 88/100, 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

NORTHERN STB OF GONVICK has a Bank Health Score of A (88/100). It holds a Tier 1 capital ratio of 52.92%, 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.

NORTHERN STB OF GONVICK holds $50M in total assets and $42M in total deposits. It is located in GONVICK, MINNESOTA (FDIC Certificate #10187).

NORTHERN STB OF GONVICK has a Tier 1 capital ratio of 52.92%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.66%, and the return on assets is 1.48%.

Yes. NORTHERN STB OF GONVICK is FDIC-insured (Certificate #10187). 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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