Bank North

704 Main Street
Wausaukee, WI 54177

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 15093
Date Established 1903
Assets $0.12 billion
Loans $0.08 billion
Deposits $0.10 billion
Capital $0.01 billion

Bank North is an FDIC insured institution located in Wausaukee, WI. It was founded in 1903 and has approximately $0.12 billion in assets.

For a more detailed analysis of Bank North's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Bank North’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Wisconsin, Bank North has a significantly higher percent of Small Business 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 45.76
Multifamily
Mortgages
1.31
Credit Card Loans 0.05
Consumer Auto Loans 1.28
Small Business Loans 32.49
Construction and Development Loans 4.09
Commercial Real Estate 37.05
Commercial and Industrial Loans 6.76
Farm Loans 0.57

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bank North, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank North

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Bank North
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Branches

Bank North branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Bank North Locations

Financial Details

Bank North Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank North. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank North U.S. Bank Average
23.49% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Bank North had $3,063,000 in non-current loans and $61,000 in owned real estate. To cover these potential losses it had $13,156,000 in equity and $142,000 in loans loss reserves. That gives it a Texas Ratio of 23.49%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Bank North U.S. Bank Average
0.24% 8.58

Bank North has a Return on Equity of 0.24% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank North U.S. Bank Average
11.02% 12.11

Bank North has a Capitalization of 11.02% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank North Balance Sheet Analysis

As of September 30, 2014, Bank North had assets of $119,364,000, loans of $80,195,000, and deposits of $100,692,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Bank North

Branches and Savings

Is Bank North FDIC insured?

Yes. It is covered under FDIC Certificate #15093.

Why does Bank North pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank North CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank North a commercial bank?

Yes

Where are Bank North locations?

See branch locations nearby.

Is Bank North open on Saturdays?

Is Bank North open on Sundays?

What time does Bank North open?

What time does Bank North close?

Are Bank North ATMs Open 24/7?

Do Bank North ATMs accept cash deposits?

Can Bank North customers use other ATMs?

Do Bank North branches have notaries?

Will Bank North notarize my document?

What address for Bank North should I put for incoming ACH transfers?

Will the Bank North branch print checks?

Do Bank North checks expire?

Does Bank North require US citizenship to open account?

Can Bank North close my account?

Does Bank North Report to credit bureaus?

Does Bank North Use Equifax?

What is Bank North's ACH Routing Number?

What is Bank North's SWIFT code?

Products

Does Bank North offer mortgages?

Compare mortgage rates here.

Does Bank North offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank North offer personal loans?

Compare personal loan rates here.

Does Bank North offer student loans?

Will Bank North cash a check?

Will Bank North redeem a savings bond?

Does Bank North cash savings bonds?

Will Bank North cash money orders?

Can Bank North issue a money order?

Does Bank North do currency exchange?

Background on The Bank

Who owns Bank North?

How long has Bank North been around?

Can Bank North transfer to other banks?

Does Bank North have quick pay?

Does Bank North accept rolled coins?

Will Bank North accept loose change?

Where is Bank North headquarters?

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