Posted on May 23, 2013
American Bank of the North
117 Central Avenue
Nashwauk, MN 55769
General Bank Information
FDIC Insured Yes
FDIC Certificate # 5216
Date Established 0000
American Bank of the North is an FDIC insured institution located in Nashwauk, MN. It was founded in 0000 and has approximately $0.59 billion in assets. Customers can open an account via one of its 19 branches.
American Bank of the North Financial Size
| Assets | $0.59 billion |
| Loans | $0.45 billion |
| Deposits | $0.53 billion |
| Capital | $0.03 billion |
For a more detailed analysis of American Bank of the North's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Bank Loan Profile?
| % Loans |
% Comparison to Other Banks |
|||
| Low | Med | High | ||
| 1-4 Family Residential Loans | 29.47 | ✓ | ||
| Multifamily Mortgages |
1.05 | ✓ | ||
| Credit Card Loans | 0.98 | ✓ | ||
| Consumer Auto Loans | 0.59 | ✓ | ||
| Small Business Loans | 15.22 | ✓ | ||
| Construction and Development Loans | 12.90 | ✓ | ||
| Commercial Real Estate | 34.99 | ✓ | ||
| Commercial and Industrial Loans | 16.33 | ✓ | ||
| Farm Loans | 0.00 | ✓ | ||
The top three loan types in American Bank of the North’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.
Compared to other banks in Minnesota, American Bank of the North has a significantly higher percent of Credit Card Loans, Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double
categorization of some loan types. All data from the FDIC.
Additional information about this table.
