Northview Bank
Sandstone, Minnesota, Pine County
$470M in total assets, the 1,891st largest of 4,309 US banks and 54th of 225 headquartered in Minnesota.
- FDIC certificate
- 10956
- Established
- 1908
- Owned by
- Finlayson Bancshares Inc
- Primary regulator
- FDIC
- Website
- http://www.northviewbank.com
At a glance
Compared with 150 banks headquartered in Minnesota with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $470M | 77% | $277M | |
| Loans | $382M | 79% | $181M | |
| Deposits | $393M | 77% | $243M | |
| Return on assets | 1.74% | 81% | 1.23% | |
| Net interest margin | 5.01% | 94% | 3.99% | |
| Efficiency ratio | 64.0% | 59% | 61.0% | |
| Equity to assets | 10.85% | 76% | 9.54% | |
| Loans to deposits | 97% | 82% | 82% |
Growth
Total assets grew 2.7% a year over the last 5 years and 4.0% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jun 2015 | State Bank of Park Rapids Park Rapids, MN | $91M |
| Jul 2011 | First National Bank of the North Sandstone, MN | $70M |
| Dec 2006 | The First National Bank of Deer River Deer River, MN, an affiliate under the same holding company | $16M |
| Feb 2004 | First State Bank of Floodwood Floodwood, MN, an affiliate under the same holding company | $15M |
Where they operate
12 branches in 5 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Pine County, MN | $208M | 42.4% | 1 of 6 |
| Hubbard County, MN | $79M | 14.2% | 3 of 4 |
| Carlton County, MN | $42M | 9.0% | 5 of 8 |
| Itasca County, MN | $39M | 3.8% | 9 of 9 |
| St. Louis County, MN | $24M | 0.5% | 18 of 19 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 1 branch since 2016 (13 to 12, −7.7%). 0 opened, 0 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 13 | |||
| 2024 | Closed Floodwood | 0 | 1 | −1 | 12 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 39% | 28% | |
| Construction and land | 25% | 5% | |
| Commercial real estate | 17% | 25% | |
| Business (C&I) | 8% | 15% | |
| Multifamily | 6% | 4% | |
| Consumer | 3% | 4% | |
| Farmland | 2% | 10% | |
| Agricultural | 0% | 8% | |
| Other | 0% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 40% | 49% | |
| Time deposits | 33% | 30% | |
| Noninterest-bearing | 27% | 21% |
Brokered deposits are 0.0% of deposits (peers 3.6%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.46% | 0.48% |
| Net charge-offs, annualized | -0.02% | 0.00% |
| Reserves to loans | 1.29% | 1.20% |
| Leverage ratio | 10.75% | 10.05% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Minnesota
Largest competitors in Pine County, MN
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/northview