American Bank of the North is headquartered in Nashwauk and is the 29th largest bank in the state of Minnesota. It is also the 1,344th largest bank in the nation. It was established in 1920 and as of December of 2020, it had grown to 131 employees at 14 locations. American Bank of the North has a B+ health rating.
Overall | |
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FDIC Certificate # | 5216 |
Year Established | 1920 |
Employees | 131 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.42% |
Return on Equity - YTD | 4.38% |
Annual Interest Income | $7.7MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $636.0MM$529.1MM |
Loans | Q4 2020vs Q4 2019 | $407.7MM$369.9MM |
Deposits | Q4 2020vs Q4 2019 | $572.2MM$455.6MM |
Equity Capital | Q4 2020vs Q4 2019 | $54.6MM$56.6MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $357.00K$5.9MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $4.6MM$5.7MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $85.00K$1.4MM |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
American Bank of the North Locations | ||
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American Bank Of The North | 117 Central Avenue | Nashwauk, MN 55769 |
Grand Rapids South Branch | 1215 Pokegama Avenue South | Grand Rapids, MN 55744 |
Cook Branch | 128 Highway 53 Se | Cook, MN 55723 |
Hibbing Downtown Branch | 2015 Third Avenue East | Hibbing, MN 55746 |
Chisholm Branch | 231 West Lake Street | Chisholm, MN 55719 |
Grand Rapids North Branch | 428 N. W. Fourth Avenue | Grand Rapids, MN 55744 |
Orr Branch | 4539 Highway 53 | Orr, MN 55771 |
Mountain Iron/Expressway Branch | 8401 Unity Drive | Mountain Iron, MN 55768 |
Biwabik Branch | 221 North Main Street | Biwabik, MN 55708 |