American Federal Bank
BankRegReports is independent of American Federal Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
American Federal Bank is an FDIC-insured savings institution headquartered in Fargo, ND, established in 1891 (FDIC certificate 29140), and it is supervised by the OCC. At Q2 2026 it reported total assets of $795.8M, up 3.7% from Q2 2025, the 15th largest of 60 banks headquartered in North Dakota. Its CET1 capital ratio was 12.92% at Q2 2026, above regulatory requirements.
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 29140
- Headquarters
- Fargo, ND
- Established
- 1891
- Total assets, Q2 2026
- $795.8M
- Assets vs Q2 2025
- +3.7%
- CET1 ratio, Q2 2026
- 12.92%
- Domestic offices
- 13 FDIC institution directory, current count
- Routing number
- 291271004
- Latest call report
- Q2 2026, FFIEC 051 · American Federal Bank call report
- Holding company
- AMERICAN FEDERAL CORPORATION
- Asset rank in state
- 15th of 60 in North Dakota
American Federal Bank, based in Fargo, North Dakota, reported $796 million in assets at June 30, 2026, up 3.7% from a year earlier. It carries problem assets equal to 0.0% of the capital and reserves that would absorb them, lower than about 9 in 10 of the 2,627 banks with $100 million to $1 billion in assets (median 2.7%). On the other hand, it funds 9.32% of its assets with Tier 1 capital, lower than about three-quarters of banks its size (median 10.99%).
Net income for the quarter rose 10% from a year earlier, to $2.4 million. Over the same year, loans grew 3.9% and deposits shrank 0.4%. Concentration is the risk to watch: it holds commercial real estate loans worth 2.1 times its capital, higher than about three-quarters of banks its size (median 1.2 times).
As of June 30, 2026, American Federal Bank reported a CET1 capital ratio of 12.92%, a return on assets of 1.23%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
American Federal Bank ranks as the 15th largest of the 60 banks based in North Dakota, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 4.1% to $795.8M, loans rose 4.6% and deposits fell 0.8%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 27.5% of total loans, followed by farmland and other real estate loans at 21.6%. The FDIC Summary of Deposits lists 13 offices for it, in 12 cities across 2 states; its Fargo 2 offices book 23% of its branch deposits. Judged on its Q2 2026 call report, American Federal Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 215 5th St N, Fargo, ND 58102
- County
- Cass
- Metro Area
- Fargo, ND-MN
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- —
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1891
- Former names
- American Federal Savings Bank (1985-1995)
- Domestic offices
- 13 FDIC institution directory, current count
- Employees (FTE)
- 130
- Domestic deposits
- $615.6M
- Allowance for credit losses
- $7.1M
- Net charge-offs (YTD)
- $1K
- Average total assets
- $779.1M
- Average total loans
- $663.8M
- Average interest-bearing deposits
- $511.0M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 29140
- Fed RSSD
- 637170
- SEC CIK
- 1057885 → filed by AMERICAN FEDERAL CORPORATION
- Website
- www.americanfederalbank.com →
- Parent Holding Company
- AMERICAN FEDERAL CORPORATION (RSSD 3802858)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, American Federal Bank's total assets ranged from $739.1M (Q3 2023) to $813.8M (Q3 2024), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$795.8M total assets against $767.7M; $724.5M total liabilities against $695.4M.
$678.1M net loans and leases against $652.6M; $615.6M total deposits against $617.8M.
$75.7M securities against $74.3M; $10.1M cash and balances due against $10.7M.
$11.0M total interest income against $10.5M; $3.3M total interest expense against $3.4M.
$7.7M net interest income against $7.2M.
$1.2M total noninterest income against $986K; $6.3M total noninterest expense against $6.0M.
$250K provision for credit losses against $0.
$2.4M net income against $2.2M.
1.23% return on assets against 1.15%; 4.16% net interest margin against 3.92%.
12.92% CET1 capital ratio against 13.48%; 9.32% tier 1 leverage ratio against 9.77%.
Inside the full American Federal Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
American Federal Bank rankings
Its closest position to the top of a national ranking is 1,252 of 4,196, for total assets; its furthest is 3,379 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.77% (Q3 2024) to 1.34% (Q3 2025) and its net interest margin ran from 2.99% (Q4 2024) to 4.16% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.92% | 1.23% | 0.00% | 0.00% | 4.16% |
| Q1 2026 | 12.93% | 0.90% | 0.07% | 0.60% | 3.90% |
| Q4 2025 | 12.21% | 1.09% | 0.01% | 0.13% | 3.42% |
| Q3 2025 | 13.73% | 1.34% | 0.02% | 0.13% | 3.93% |
| Q2 2025 | 13.48% | 1.15% | 0.02% | 0.16% | 3.92% |
| Q1 2025 | 12.77% | 0.95% | 0.14% | 1.24% | 3.68% |
| Q4 2024 | 11.96% | 0.80% | 0.00% | 0.02% | 2.99% |
| Q3 2024 | 11.57% | 0.77% | 0.00% | 0.02% | 3.44% |
Swipe the table sideways to see every column.
Branch Network
View all 13 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| American Federal Bank (main office) | Fargo , ND | 58102 | $85.4M |
| Crookston Branch | Crookston , MN | 56716 | $67.9M |
| Hallock Branch | Hallock , MN | 56728 | $61.8M |
| Fosston Branch | Fosston , MN | 56542 | $61.4M |
| East Grand Forks Branch | East Grand Forks , MN | 56721 | $61.0M |
| Fergus Falls Branch | Fergus Falls , MN | 56537 | $55.9M |
| Fargo South Branch | Fargo , ND | 58103 | $53.7M |
| Wapheton Branch | Wahpeton , ND | 58075 | $39.9M |
| Moorhead Branch | Moorhead , MN | 56560 | $37.8M |
| Ada Branch | Ada , MN | 56510 | $31.4M |
| Grand Forks Branch | Grand Forks , ND | 58201 | $27.6M |
| Warren Branch | Warren , MN | 56762 | $17.3M |
| Northwood Branch | Northwood , ND | 58267 | $14.3M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| August 3, 1996 | Structure Change | Acquired Northwestern Savings Bank, F.S.B. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 2, 1996 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 31, 1977 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 3 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.5% of deposits in ND, rank 36 of 70 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 289 applications, 186 loans originated, $62.0M originated, across 7 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $2.0M approved, $2.0M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2024 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows American Federal Bank’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about American Federal Bank
What are American Federal Bank's total assets?
As of the Q2 2026 filing, American Federal Bank reported total assets of $795.8 million in its FFIEC call report.
Where is American Federal Bank headquartered?
It is headquartered in Fargo, ND, United States.
When was American Federal Bank founded?
It was established in 1891, per the FDIC institution directory.
Is American Federal Bank FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #29140). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates American Federal Bank?
American Federal Bank's primary federal regulator is the OCC.
What is American Federal Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.92% in its Q2 2026 call report, above regulatory requirements.
How many branches does American Federal Bank operate?
It operates 13 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is American Federal Bank's Texas Ratio?
Its Texas Ratio is 0.00% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was American Federal Bank previously called?
The charter now named American Federal Bank has also operated as American Federal Savings Bank (1985-1995), per FDIC structure-change records.
Go deeper on American Federal Bank.
Get an email when American Federal Bank files its next call report, and benchmark it against any peer you choose.
Unlock American Federal Bank, freeFree account