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Northern State Bank Of Thief River Falls

Thief River Falls, MN · Est. 1935 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Northern State Bank Of Thief River Falls is a bank based in Thief River Falls, Minnesota, established in 1935, with $482 million in total assets across 3 branches. By Trust Grade it ranks 26th of 224 banks we track in Minnesota. Its capital ratio of 10.0% trails most similarly sized banks (47th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.07% return on assets. No consumer complaints against Northern State Bank Of Thief River Falls appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$482.2M
$100M–1B institution
Deposits
$432.7M
Branches
3
Capital ratio
10.0%
Bottom 47% of $100M–1B peers · Minnesota median 9.5%
Return on assets
1.1%
Bottom 42% of $100M–1B peers · Minnesota median 1.24%
Rank in Minnesota
#26
of 224 banks

How Northern State Bank Of Thief River Falls compares to Minnesota peers

Capital ratio
Bottom 47% of $100M–1B peers
Northern State
10.0%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 42% of $100M–1B peers
Northern State
1.1%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded Northern State Bank Of Thief River Falls

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (10.0% capital ratio)
  • Strongly profitable (ROA 1.07%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Northern State Bank Of Thief River Falls over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (3)

  • First Street & Pennington Avenue, Thief River Falls, MN 56701
  • 214 3rd St E, Thief River Falls, MN 56701
  • 201 3rd St E, Thief River Falls, MN 56701

Are deposits at Northern State Bank Of Thief River Falls insured?

Yes. Northern State Bank Of Thief River Falls is an FDIC-insured bank (FDIC certificate #15286). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Northern State Bank Of Thief River Falls: frequently asked questions

Is Northern State Bank Of Thief River Falls a good bank?

Northern State Bank Of Thief River Falls earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (10.0% capital ratio); Strongly profitable (ROA 1.07%).

Is Northern State Bank Of Thief River Falls FDIC-insured?

Yes. Northern State Bank Of Thief River Falls is a FDIC-insured bank (FDIC certificate #15286). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Northern State Bank Of Thief River Falls?

Northern State Bank Of Thief River Falls holds $482 million in total assets, ranking 26th of 224 banks we track in Minnesota. It operates 3 branches.

Does Northern State Bank Of Thief River Falls have CFPB complaints?

No CFPB complaints against Northern State Bank Of Thief River Falls appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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