North Shore Bank (MN)

Overview / Commentary
131 West Superior Street
Duluth, MN 55802

North Shore Bank (MN) is headquartered in Duluth and is the 56th largest bank in the state of Minnesota. It is also the 2,040th largest bank in the nation. It was established in 1915 and as of June of 2022, it had grown to 130 employees at 7 locations. North Shore Bank (MN) has an A health rating.


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Health Grade Components

FDIC Certificate #8850
Year Established1915
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.08%
Return on Equity - YTD11.53%
Annual Interest Income$7.3MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$402.2MM$404.0MM
LoansQ2 2022vs Q2 2021$275.4MM$309.8MM
DepositsQ2 2022vs Q2 2021$363.7MM$343.4MM
Equity CapitalQ2 2022vs Q2 2021$36.5MM$39.4MM
Loan Loss AllowanceQ2 2022vs Q2 2021$2.9MM$2.9MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$216.00K$2.1MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0

Rates for North Shore Bank (MN) are currently being reviewed.


North Shore Bank (MN) Locations
North Shore Bank Of Commerce131 W Superior StDuluth, MN 55802
Woodland Branch17 Calvary RoadDuluth, MN 55803
Lakeside Branch4801 East Superior StreetDuluth, MN 55804
Hermantown Branch4810 Miller Trunk HighwayHermantown, MN 55811
Auto Bank Branch19 N 2nd Ave WestDuluth, MN 55802

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