Overview / Commentary
First State Bank (ND) is headquartered in Buxton and is the 27th largest bank in the state of North Dakota. It is also the 2,899th largest bank in the nation. It was established in 1885 and as of June of 2019, it had grown to 27 employees at 3 locations. First State Bank (ND) has an A+ health rating.
Health
A+
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 15539 |
| Year Established | 1885 |
| Employees | 27 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.42% |
| Return on Equity - YTD | 13.25% |
| Annual Interest Income | $4.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $197.6MM$185.1MM |
| Loans | Q2 2019vs Q2 2018 | $181.0MM$165.9MM |
| Deposits | Q2 2019vs Q2 2018 | $150.0MM$137.3MM |
| Equity Capital | Q2 2019vs Q2 2018 | $21.1MM$20.3MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $2.3MM$2.1MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $0$0 |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
Rates
Rates for First State Bank (ND) are currently being reviewed.
Locations
| First State Bank (ND) Locations | ||
|---|---|---|
| Grand Forks Branch | 2500 32nd Avenue, South | Grand Forks, ND 58201 |
| First State Bank | 423 Broadway | Buxton, ND 58218 |
| Paying and Receiving Branch | 620 Broadway Street | Thompson, ND 58278 |