Northern State Bank
FDIC #15242
📍 Ashland, Wisconsin
Northern State Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 09/05/1933. With assets of $311.30 Million, it operates 7 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: December 1, 2022
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
December 1, 2022
Satisfactory
September 1, 2016
Satisfactory
December 1, 2010
Satisfactory
💰 Financial Strength
Total Assets$311.30 Million
Total Deposits$287.49 Million
Equity Capital$23.19 Million
Net Income$4.01 Million
📈 Performance
ROA1.70%
ROE23.61%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established09/05/1933
FDIC Cert15242
Holding CoBay Area Banking Shares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:00 AM - 4:00 PM
Tuesday8:00 AM - 4:00 PM
Wednesday8:00 AM - 4:00 PM
Thursday8:00 AM - 5:00 PM
Friday8:00 AM - 4:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
1998
Relocation
Moved HQ to: 321 West Main Street, Ashland, WI 54806.