The Northern State Bank of Gonvick
Also written as NSB of Gonvick
BankRegReports is independent of The Northern State Bank of Gonvick and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
The Northern State Bank of Gonvick is an FDIC-insured commercial bank headquartered in Gonvick, MN, established in 1928 (FDIC certificate 10187), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $50.6M, up 0.6% from Q2 2025, the 202nd largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 46.18% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 10187
- Headquarters
- Gonvick, MN
- Established
- 1928
- Total assets, Q2 2026
- $50.6M
- Assets vs Q2 2025
- +0.6%
- CET1 ratio, Q2 2026
- 46.18%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 091215817
- Latest call report
- Q2 2026, FFIEC 051 · The Northern State Bank of Gonvick call report
- Asset rank in state
- 202nd of 221 in Minnesota
The Northern State Bank of Gonvick runs leaner than most banks of its size. Its balance sheet stood at $51 million at June 30, 2026; it is based in Gonvick, Minnesota. It spends about 47 cents to bring in each dollar of revenue, lower than about 9 in 10 of the 533 banks with less than $100 million in assets (median 69 cents). It also grew its loan book 16.4% over the year, 6.3 times the median of 2.6% for banks its size.
Earnings jumped: net income for the quarter was $209,000, 56% above the same quarter a year earlier. Over the same year, loans grew 16.4% and deposits grew 0.9%. Its margin is thin by comparison: it keeps 3.08 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.91 cents).
As of June 30, 2026, The Northern State Bank of Gonvick reported a CET1 capital ratio of 46.18%, a return on assets of 1.61%, a nonperforming-loan ratio of 1.00% and a Texas ratio of 2.22%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, The Northern State Bank of Gonvick is the 202nd largest of the 221 banks headquartered in Minnesota. From Q1 2026 to Q2 2026, its total assets fell 5.4% to $50.6M, loans rose 1.0% and deposits fell 6.8%. The largest part of its loan book on June 30, 2026 was farmland and other real estate loans, at 21.4% of total loans, ahead of 1-4 family residential loans at 20.6%. The FDIC Summary of Deposits lists a single office for it, in Gonvick, MN. On its Q2 2026 call report, The Northern State Bank of Gonvick meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 283 Main St, Gonvick, MN 56644
- County
- Clearwater
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- May 12, 1928
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 5
- Domestic deposits
- $42.3M
- Allowance for credit losses
- $587K
- Net charge-offs (YTD)
- -$1K
- Average total assets
- $51.9M
- Average total loans
- $19.0M
- Average interest-bearing deposits
- $39.3M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 10187
- Fed RSSD
- 75455
- Website
- www.nsbgonvick.com →
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
The Northern State Bank of Gonvick's total assets moved between a low of $43.6M (Q3 2023) and a high of $54.6M (Q4 2025) from Q3 2023 to Q2 2026, 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
$50.6M total assets against $50.3M; $42.5M total liabilities against $42.1M.
$18.8M net loans and leases against $16.0M; $42.3M total deposits against $41.9M.
$22.4M securities against $22.6M; $9.0M cash and balances due against $11.3M.
$619K total interest income against $632K; $229K total interest expense against $283K.
$390K net interest income against $349K.
$14K total noninterest income against $14K; $190K total noninterest expense against $184K.
No provision recorded in the last 12 quarters.
$209K net income against $134K.
1.61% return on assets against 1.03%; 3.08% net interest margin against 2.75%.
46.18% CET1 capital ratio against 52.69%; 15.75% tier 1 leverage ratio against 15.50%.
Inside the full The Northern State Bank of Gonvick terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe Northern State Bank of Gonvick rankings
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.03% (Q2 2025) to 2.13% (Q4 2024) and its net interest margin ran from 2.75% (Q2 2025) to 3.53% (Q3 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 46.18% | 1.61% | 1.00% | 2.22% | 3.08% |
| Q1 2026 | 43.02% | 1.52% | 1.02% | 2.29% | 3.17% |
| Q4 2025 | 46.53% | 1.39% | 0.79% | 1.66% | 2.82% |
| Q3 2025 | 49.88% | 1.26% | 1.24% | 2.45% | 2.89% |
| Q2 2025 | 52.69% | 1.03% | 1.20% | 2.26% | 2.75% |
| Q1 2025 | 49.08% | 1.42% | 1.23% | 2.40% | 2.90% |
| Q4 2024 | 50.96% | 2.13% | 1.32% | 2.60% | 3.36% |
| Q3 2024 | 54.08% | 2.03% | 1.42% | 2.61% | 3.53% |
Swipe the table sideways to see every column.
Branch Network
View the branch → 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 |
|---|---|---|---|
| The Northern State Bank of Gonvick | Gonvick , MN | 56644 | $42.3M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 250 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 2 loans, $27K approved, $13K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 1995 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), 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 The Northern State Bank of Gonvick’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about The Northern State Bank of Gonvick
What are The Northern State Bank of Gonvick's total assets?
As of the Q2 2026 filing, The Northern State Bank of Gonvick reported total assets of $50.6 million in its FFIEC call report.
Where is The Northern State Bank of Gonvick headquartered?
It is headquartered in Gonvick, MN, United States.
When was The Northern State Bank of Gonvick founded?
It was established in 1928, per the FDIC institution directory.
Is The Northern State Bank of Gonvick FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #10187). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Northern State Bank of Gonvick?
The Northern State Bank of Gonvick's primary federal regulator is the FDIC.
What is The Northern State Bank of Gonvick's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 46.18% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does The Northern State Bank of Gonvick operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Northern State Bank of Gonvick's Texas Ratio?
Its Texas Ratio is 2.22% 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.
Go deeper on The Northern State Bank of Gonvick.
Get an email when The Northern State Bank of Gonvick files its next call report, and benchmark it against any peer you choose.
Unlock The Northern State Bank of Gonvick, freeFree account