First State Bank of Harvey


Overview / Commentary
701-324-2285
700 Lincoln Avenue
Harvey, ND 58341

First State Bank of Harvey is headquartered in Harvey and is the 50th largest bank in the state of North Dakota. It is also the 4,007th largest bank in the nation. It was established in 1913 and as of June of 2022, it had grown to 16 employees at 2 locations. First State Bank of Harvey has a B health rating.

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. First State Bank of Harvey has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #8383
Year Established1913
Employees16
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.62%
Return on Equity - YTD8.3%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$98.4MM$94.6MM
LoansQ2 2022vs Q2 2021$26.1MM$27.7MM
DepositsQ2 2022vs Q2 2021$92.5MM$83.7MM
Equity CapitalQ2 2022vs Q2 2021$5.4MM$10.5MM
Loan Loss AllowanceQ2 2022vs Q2 2021$451.00K$409.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$630.00K$114.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

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Locations


First State Bank of Harvey Locations
Anamoose Branch604 Main StreetAnamoose, ND 58710
First State Bank Of Harvey700 Lincoln AveHarvey, ND 58341

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