Northern State Bank of Thief River Falls
Total assets
$550.0M
▲ +19.2% YoY
Deposits
$499.3M
▲ +21.4% YoY
Loans
$193.2M
▼ -1.5% YoY
Offices
3
GATO HOLDINGS INC
ROA (annualized)
1.10%
peers 1.28%
ROE (annualized)
11.52%
peers 12.44%
Peer comparison 748 banks with 500M-1B in assets
| Metric | This bank | Peer median | Δ |
|---|---|---|---|
| Asset growth (YoY) | +19.2% | +4.9% | +14.3 pts |
| Deposit growth (YoY) | +21.4% | +4.3% | +17.0 pts |
| Loan growth (YoY) | -1.5% | +5.3% | -6.8 pts |
| ROA | 1.10% | 1.28% | -0.2 pts |
| ROE | 11.5% | 12.4% | -0.9 pts |
ROA ranks in the 38th percentile of its peer group · Q2 2026
Profile
- Established
- 1935
- Charter
- State
- Primary regulator
- FDIC
- Holding company
- GATO HOLDINGS INC
- Specialization
- Agricultural Specialization
- Address
- 201 3rd St E, Thief River Falls, MN, 56701
- County
- Pennington
- Offices
- 3
- FDIC cert #
- 15286
- RSSD ID
- 188056
- Latest call report
- Q2 2026
Total assets last 8 quarters
Deposits last 8 quarters
Quarterly financials FDIC call report
| Quarter | Assets | Deposits | Loans | Equity | Net income YTD | ROA | NIM | Nonperforming |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $550.0M | $499.3M | $193.2M | $49.0M | $2.8M | 1.10% | 2.57% | 0.22% |
| Q1 2026 | $482.2M | $432.7M | $188.3M | $48.1M | $1.3M | 1.07% | 2.58% | 0.27% |
| Q4 2025 | $494.3M | $444.8M | $196.4M | $48.1M | $4.4M | 0.94% | 2.64% | 0.14% |
| Q3 2025 | $446.5M | $394.9M | $194.5M | $49.9M | $3.1M | 0.90% | 2.68% | 0.26% |
| Q2 2025 | $461.5M | $411.4M | $196.1M | $48.4M | $1.9M | 0.85% | 2.68% | 0.12% |
| Q1 2025 | $446.9M | $398.5M | $191.9M | $47.0M | $1.1M | 0.92% | 2.69% | 0.07% |
| Q4 2024 | $470.7M | $423.4M | $192.3M | $46.1M | $6.0M | 1.32% | 2.91% | 0.23% |
| Q3 2024 | $440.0M | $389.8M | $193.7M | $48.4M | $4.3M | 1.27% | 2.88% | 0.57% |
Loan mix (Q2 2026): real estate $128.5M · commercial $30.3M · consumer $18.5M · securities $141.9M
Ratio pack Q2 2026 · peer medians from 748 institutions
Profitability
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Return on assets Annualized net income ÷ assets | 1.10% | 1.28% | 38th | |
Return on equity Annualized net income ÷ equity or net worth | 11.5% | 12.4% | 44th | |
Net interest margin Interest income − interest expense, ÷ assets | 2.57% | 3.89% | 3th | |
Efficiency ratio Operating expense ÷ revenue — lower is leaner | 53.7% | 61.2% | 27th | |
Non-interest income share Fees and other income as a share of total revenue | 00.0% | 00.0% | ||
Cost of funds Annualized interest expense ÷ deposits | 00.0% | 00.0% |
Balance sheet
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loan-to-deposit Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand | 00.0% | 00.0% | ||
Loans-to-assets How much of the balance sheet is lent out | 00.0% | 00.0% | ||
Securities-to-assets Investment portfolio as a share of assets | 00.0% | 00.0% | ||
Cash-to-assets On-balance-sheet liquidity | 00.0% | 00.0% |
Capital
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Capital ratio Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7% | 00.0% | 00.0% |
Credit quality
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Nonperforming / delinquency Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans | 00.0% | 00.0% | ||
Net charge-off rate Annualized charge-offs net of recoveries ÷ loans | 00.0% | 00.0% | ||
CRE concentration Commercial real estate loans ÷ capital. Regulators flag banks above 300% | 00.0% | 00.0% |
Franchise
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Assets per office Branch efficiency; high numbers usually mean digital-first | 00.0% | 00.0% |
11 more ratios, with trends and peer percentiles.
See Pro plan →The full ratio pack is part of CharterBench Pro.
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