American Bank of the North

American Bank of the North is headquartered in Nashwauk and is the 12^st largest bank in the state of Minnesota. It is also the 1,060^th largest bank in the nation. It was established in 1920 and as of December of 2011, it had grown to 178 employees at 19 locations. American Bank of the North's savings rates are 44% higher than the national average, but it has a 1-star health rating.

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Data for Q4 2011

Institution Statistics American Bank of the North FDIC Certificate # 5216 BankRate Report View Year Established 1920 Employees 178 Primary Regulator FDIC Assets and Liabilities Assets $622.86 million Loans $475.84 million Deposits $567.24 million Equity Capital $41.32 million Loan Loss Allowance $18.53 million Unbacked Noncurrent Loans $61.55 million Real Estate Owned $18.97 million Historic Data - December 2010 Assets $643.44 million Equity Capital $47.66 million Loan Loss Allowance $13.44 million Unbacked Noncurrent Loans $32.41 million Real Estate Owned $15.71 million Profit Margin - Quarterly Net Interest Margin 4.03% Return on Assets -1.34% Return on Equity -17.95% Interest Income $29.00 million

Institution Health Overall Score: 1 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 American Bank of the North had $80.52 million in non-current loans and owned real-estate with $59.85 million in equity and loan loss allowances on hand to cover it. This gives American Bank of the North a Texas Ratio of 134.53% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for American Bank of the North increased slightly from 78.34% as of December 31, 2010 to 134.53% as of December 31, 2011, resulting in a negative change of 71.74%. This indicates that the balance sheet and financial strength for American Bank of the North has declined slightly in recent periods. Deposit Growth In the past year, American Bank of the North has decreased its total deposits by -$12.51 million, resulting in -2.16% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth American Bank of the North has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. American Bank of the North has $622.86 million in assets with $59.85 million in equity, resulting in a capitalization level of 9.61%, which is average.

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