This institution is no longer active

Operations ceased on May 22, 2021. CRA examination history below reflects the period it was active.

AMERICAN BANK OF THE NORTH

NASHWAUK, MN · Supervised by FDIC

Est. 1920FDIC #5,216RSSD: FDIC-5216

Part ofPARK FINANCIAL GROUP INC→ View all charters

Satisfactory Same

Current rating · Exam: November 2019

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Strong

ROA 1.64%

Is this bank safe?

AMERICAN BANK OF THE NORTH holds a Satisfactory CRA rating (2019), is financially strong (ROA +1.64%). Overall, this bank appears financially sound.

Institution Profile

FDIC BankFind

Address

117 Central Avenue, NASHWAUK, MN

County

Itasca County

Established

January 1, 1920

Total Assets

$672M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

November 1, 2019

Exam Type

Intermediate Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 6 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q1 2021Call Report / FDIC

Total Assets

$672M

Total Deposits

$608M

Net Loans

$396M

Net Income

$3M

ROA

1.64%

Above avg for Small banks. Peer avg: 0.44%

ROE

19.30%

Risk-Based Capital

13.91%

Below avg for Small banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Small banks

Compared to the peer-bank Small peer group (same asset tier).

ROA1.64%Peer avg: 0.44%▲ Above avg

Risk-Based Capital13.91%Peer avg: 23.03%▼ Below avg

Mortgage Denial Rate8.44%Peer avg: 6.90%▲ More than avg

Unlock peer list → See which specific banks are in this peer group.

Mortgage Lending

CFPB HMDA

Year	Applications	Orig. Rate	Denial Rate
2021	379	78.63%	8.44%

Denial rate = denials ÷ total applications. 2024 national avg: 23.75% · Small bank avg: 6.90% · above-average shown in red

Rating History

CRA / FFIEC

Exam Date	Rating	Exam Type
Nov 2019	Satisfactory	Intermediate Small Bank
Nov 2016	Satisfactory	Intermediate Small Bank
Oct 2013	Satisfactory	Intermediate Small Bank

6 previous ratings locked — back to 1994

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Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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