The First National Bank of Northfield

The First National Bank of Northfield is headquartered in Northfield and is the 135^th largest bank in the state of Minnesota. It is also the 4,223^rd largest bank in the nation. It was established in 1872 and as of March of 2012, it had grown to 37 employees at 3 locations. The First National Bank of Northfield has a 3-star health rating.

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Data for Q1 2012

Institution Statistics The First National Bank of Northfield FDIC Certificate # 5218 BankRate Report View Year Established 1872 Employees 37 Primary Regulator OCC Assets and Liabilities Assets $131.08 million Loans $75.67 million Deposits $118.50 million Equity Capital $12.46 million Loan Loss Allowance $1.44 million Unbacked Noncurrent Loans $2.03 million Real Estate Owned $2.39 million Historic Data - March 2011 Assets $126.29 million Equity Capital $10.57 million Loan Loss Allowance $1.79 million Unbacked Noncurrent Loans $3.42 million Real Estate Owned $1.25 million Profit Margin - Quarterly Net Interest Margin 3.98% Return on Assets 0.4% Return on Equity 4.21% Interest Income $1.32 million

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 The First National Bank of Northfield had $4.42 million in non-current loans and owned real-estate with $13.9 million in equity and loan loss allowances on hand to cover it. This gives The First National Bank of Northfield a Texas Ratio of 31.81% 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 The First National Bank of Northfield decreased slightly from 41.91% as of March 31, 2011 to 31.81% as of March 31, 2012, resulting in a positive change of 24.09%.This indicates that the balance sheet and financial strength for The First National Bank of Northfield has improved slightly in recent periods. Deposit Growth In the past year, The First National Bank of Northfield has increased its total deposits by $3.02 million, resulting in 2.61% 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 The First National Bank of Northfield 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. The First National Bank of Northfield has $131.08 million in assets with $13.9 million in equity, resulting in a capitalization level of 10.60%, which is above average.

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