Northern State Bank Ashland Wisconsin Bank Information and Performance

Northern State Bank in Ashland, Wisconsin, has a long history in the community, dating back to 1889. The bank has been serving the local area for over 130 years.

The bank has a strong presence in the community, with multiple locations in Ashland and surrounding areas. This makes it convenient for residents to bank locally.

Northern State Bank is a member of the FDIC, ensuring that deposits are insured up to $250,000. This provides peace of mind for customers.

Northern State Bank in Ashland, Wisconsin, has a significant presence in the financial sector, with total assets valued at $304,085k. This substantial scale and market influence are reflected in its financial landscape.

The bank's total liabilities stand at $275,077k, while total equity capital is at $29,008k. This nuanced breakdown provides valuable insights into the bank's financial structure and stability.

Key operational metrics include total deposits of $274,729k, net loans and leases at $161k, and a detailed analysis of income and expense components. These metrics offer a comprehensive understanding of the bank's performance and competitive positioning within the financial industry.

Here is a summary of the bank's financial ratios:

Northern State Bank's Return on Equity is 22.3%, indicating that the bank is efficiently making money from its capital.

Northern State Bank's financial metrics provide valuable insights into its financial stability and performance. The bank's total assets stand at $304,085k, showcasing its substantial scale and influential market presence.

A closer look at the bank's financial structure reveals total liabilities of $275,077k and total equity capital of $29,008k. This breakdown is essential in understanding the bank's financial stability and risk management strategies.

The Tier 1 Risk-Based Capital Ratio, a key indicator of the bank's financial stability, is 17.3426. This ratio is a crucial metric in evaluating the bank's ability to absorb potential losses.

Northern State Bank's net loans and leases stand at $161k, which is a relatively small portion of its total assets. This could indicate that the bank is not heavily invested in loans and leases.

Here's a summary of the bank's key financial metrics:

The bank's return on assets (ROA) is 1.98, which suggests that it is generating a decent amount of income from its assets. However, the ROA is not the only metric that matters, and a more in-depth analysis is required to fully understand the bank's financial performance.

The Northern State Bank's loan portfolio is a mix of residential and commercial loans. They have a significant portion of 1-4 Family Residential Loans, making up 35.69% of their portfolio.

The top three loan types in their portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Commercial Real Estate loans account for 26.48% of their portfolio, which is a notable portion.

Here's a breakdown of the top loan types in Northern State Bank's portfolio:

The bank's loan portfolio also includes smaller portions of other loan types, such as Multifamily Mortgages and Credit Card Loans.

The Northern State Bank in Ashland, Wisconsin is a great option for banking needs. The bank is a Federal Reserve Non-member Bank, which means it's not directly affiliated with the Federal Reserve System.

You can rest assured that your deposits are insured by the FDIC, with a certificate number of 15242. This provides a safety net in case something happens to the bank.

The bank's routing number is ACH: 091510253, which is useful to know when setting up direct deposits or payments. Online banking is also available through the bank's website, nsbashland.com.

The bank has a total of 6 offices across 2 states, making it a convenient option for those with multiple locations.

Northern State Bank's performance and condition are strong indicators of its financial health. The bank's Tier 1 Risk-Based Capital Ratio is 17.3426, a key indicator of its financial stability.

The bank's asset quality is also a concern, with a net charge-off to loans ratio of 0, indicating that the bank has not experienced any significant loan losses. This is a positive sign for the bank's risk management strategies.

Here are some key performance and condition ratios for Northern State Bank as of December 31, 2011:

The bank's non-performing assets, including non-performing loans and real estate owned, are well-covered by its tangible common equity and loan loss reserves, with a Texas Ratio of 0.47%. This indicates that the bank has a strong capital position to absorb potential loan losses.

Northern State Bank's financial performance is a crucial aspect of its overall health and stability. The bank boasts total assets of $304,085k, with a substantial scale and influential market presence.

Total liabilities stand at $275,077k, and total equity capital at $29,008k. This breakdown provides valuable insights into the bank's financial structure and stability.

The bank's total deposits amount to $274,729k, with net loans and leases at $161k. These metrics are essential in understanding the bank's risk management strategies and overall profitability.

The Tier 1 Risk-Based Capital Ratio stands at 17.3426, and Return on Assets at 1.98. These ratios give a clear picture of the bank's financial health and risk management.

Here's a comparison of Northern State Bank's financial ratios with the U.S. Bank Average:

The bank's Return on Equity of 22.3% is significantly higher than the U.S. Bank Average of 10.02%, indicating efficient use of capital. The Capitalization ratio of 10.14% is lower than the U.S. Bank Average of 11.29%, suggesting a slightly higher risk profile.

The Condition Ratios section of Northern State Bank's financial report provides valuable insights into the bank's stability and risk management. The Loss allowance to loans ratio was 77.58% in 2011, indicating a relatively high level of provision for potential loan losses.

The bank's noncurrent assets plus other real estate owned to assets ratio was 50.07%, suggesting that a significant portion of the bank's assets are noncurrent or have been repossessed.

A bank's ability to maintain a healthy equity capital to assets ratio is crucial for its stability. In 2011, Northern State Bank's equity capital to assets ratio was 70.66%.

Here's a breakdown of some key Condition Ratios for Northern State Bank in 2011:

The bank's Core capital (leverage) ratio was 8.26% in 2011, indicating that it has a sufficient amount of core capital to absorb potential losses.