PARK FINANCIAL GROUP INC
Legal name: PARK FINANCIAL GROUP, INC.
1 active bank · 2 merged/absorbed · $1.5B combined assets
RSSD ID: 4792022 (FFIEC NIC)
Combined Assets
$1.5B
CRA Rating Summary
At a Glance
Dominant CRA Rating
Satisfactory
1 of 1 bank · Meets expectations for community lending
Combined Assets
$1.5B
1 active bank
Financial Summary
FDIC Call ReportsAggregated from the most recent call report filings for all active charters.
Total Deposits
$1.2B
Net Income
$5M
ROA (avg)
1.43%
asset-weighted avg
Tier 1 Capital (avg)
0%
asset-weighted avg
Mortgage Lending (HMDA)
Aggregated HMDA data across all active charters for 2024.
Applications
375
Origination Rate
62.67%
Denial Rate
11.73%
Bank Charters
Each charter is examined independently for CRA compliance. Legacy entities were merged or absorbed during corporate consolidation.
PARK STATE BANK
DULUTH, MN · FDIC · $1.5B
SatisfactoryAMERICAN BANK OF THE NORTH
Merged 2021NASHWAUK, MN · FDIC · $672M
SatisfactoryTHE LAKE BANK
Merged 2021TWO HARBORS, MN · FDIC · $162M
Satisfactory
| Charter | Location | Regulator | Assets | Ownership | Current Rating | Exam Date |
|---|---|---|---|---|---|---|
| PARK STATE BANK | DULUTH, MN | FDIC | $1.5B | 100.0% | Satisfactory | Nov 2024 |
| AMERICAN BANK OF THE NORTHMerged 2021 | NASHWAUK, MN | FDIC | $672M | — | Satisfactory | Nov 2019 |
| THE LAKE BANKMerged 2021 | TWO HARBORS, MN | FDIC | $162M | — | Satisfactory | Nov 2018 |
CRA (Community Reinvestment Act) exams are conducted per charter, not per holding company. Asset figures are from the most recent FDIC call report.