Great Northern Bank

Great Northern Bank is headquartered in Saint Michael and is the 236^th largest bank in the state of Minnesota. It is also the 5,874^th largest bank in the nation. It was established in 1999 and as of March of 2012, it had grown to 21 employees at 1 location. Great Northern Bank has a 3-star health rating.

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Data for Q1 2012

Institution Statistics Great Northern Bank FDIC Certificate # 35316 BankRate Report View Year Established 1999 Employees 21 Primary Regulator FDIC Assets and Liabilities Assets $66.35 million Loans $40.03 million Deposits $61.01 million Equity Capital $3.91 million Loan Loss Allowance $1.27 million Unbacked Noncurrent Loans $1.26 million Real Estate Owned $1.34 million Historic Data - March 2011 Assets $64.79 million Equity Capital $3.52 million Loan Loss Allowance $1.66 million Unbacked Noncurrent Loans $1.59 million Real Estate Owned $2.14 million Profit Margin - Quarterly Net Interest Margin 4.52% Return on Assets -0.22% Return on Equity -3.99% Interest Income $777,000

Institution Health Overall Score: 3 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 March 31, 2012 Great Northern Bank had $2.6 million in non-current loans and owned real-estate with $5.17 million in equity and loan loss allowances on hand to cover it. This gives Great Northern Bank a Texas Ratio of 50.24% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Great Northern Bank decreased slightly from 72.05% as of March 31, 2011 to 50.24% as of March 31, 2012, resulting in a positive change of 30.27%.This indicates that the balance sheet and financial strength for Great Northern Bank has improved slightly in recent periods. Deposit Growth In the past year, Great Northern Bank has increased its total deposits by $1.62 million, resulting in 2.72% 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 Great Northern Bank has shown is above 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. Great Northern Bank has $66.35 million in assets with $5.17 million in equity, resulting in a capitalization level of 7.80%, which is below average.

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