# GREAT NORTHERN BANK
SAINT MICHAEL, MN · FDIC certificate 35316 · asset band <$300M · latest filing 2013-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $71.2M | |
| Deposits | $64.7M | |
| Loans and leases | $37.6M | |
| Total equity | $4.8M | |
| Loans / deposits | 56.93% (p29 of band) | 69.26% |
| Liquid assets / assets | 40.77% (p62 of band) | |
| Uninsured deposits / deposits | 14.67% (p59 of band) | 12.49% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.09% (p51 of band) | |
| FHLB advances / assets | 1.40% | |
| Tier 1 leverage | 7.00% (p5 of band) | 10.29% |
| Unrealized securities loss / equity | -5.14% (p25 of band) | -1.01% |
| AOCI / equity | -5.37% (p37 of band) | |
| ROA (annualized) | 0.93% (p62 of band) | 0.76% |
| Net interest margin | 3.98% (p69 of band) | 3.63% |
| Efficiency ratio | 95.52% (p88 of band) | |
| Noncurrent loans | 1.90% (p69 of band) | 0.94% |
| Net charge-offs (annualized) | -0.19% (p1 of band) | |
| Reserve coverage of noncurrent | 108.10% | |
| Real estate % of loans | 82% | |
| Construction % of loans | 15.11% (p48 of band) | |
| Auto loans | $288,000 (0.77% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -2.2% | |
| Employees | 20 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | leverage <7% |  |
| 2011-06 | 2 | reserve under noncurrent |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 3 | capital falling |  |
| 2012-03 | 3 | losing money, charge-offs p90 | reserve under noncurrent, capital falling |
| 2012-06 | 2 |  | losing money |
| 2012-09 | 1 |  | charge-offs p90 |
| 2012-12 | 2 | uninsured deposits leaving |  |
| 2013-03 | 1 |  | uninsured deposits leaving |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2017-08-23 [Paul Ederer to retire former Great Northern Bank | Local News - hometownsource.com](https://news.google.com/rss/articles/CBMi6wFBVV95cUxPWHBtd3ZhR1BndHNJYjFPMG01WDVpbHFZSm0wSFN4MGpEbHFEQnMtU3JheTV4TUMzc3E1WWVmQ2xoY0tCZTdmdmY0M2YtQ1dtOWNxcHBYM2pURlVoZUYxNG1OUGJGc3RLc01XeGVXbnVFTWFOelZFd2hScGF1SGJqTzFwMGV4R1hneUlOaE4yVGNvMW1uNEJMbnZIOGNVM0ZnSm5PdWNma3YtU3AzY1BldE1QbWxPaVVIbzVnOUdwbUR2UHJubXBWeEZIUVlnbE5BSlJUWjVzZTZjMjNRbXo5Y3VrRWZHRUN2cmRn?oc=5) · hometownsource.com
- 2015-04-13 [Founder of Great Northern Bank, Peter Alworth, Moving On - North Wright County Today](https://news.google.com/rss/articles/CBMimwFBVV95cUxPVDhBYUJRN19EN2JqTUxhWFF5Wlp2LVVHZTFjU2JEMGk3WTh0RnlURTZ6RGpyd2Fxd0pYU0RUTVlYUkJQWVNoOGg1TDY1aC1EMHdTOFZPSXFMZmZ6Z2RUOGFvOURKTHNBYmtYQUM3OUhvN3BmX3JrMmFseF9EaUlHNEVXM0JpREpUd3Q2bTVTd1U4dnBkenJiVDNJcw?oc=5) · North Wright County Today
- 2024-06-20 [Robert BRADFORD Obituary - Mpls, MN - Pioneer Press](https://news.google.com/rss/articles/CBMidEFVX3lxTE9paDc2b0JiVXBzM1BkaEdWdkpuR2J3OU9XekRYY0NpOXgySm5NRm5id1FudHRKRjdtQlVQdHZXelVUUTl0MmVEbGRaNTRzS0FqOTZyTXJKVlY1ZWZzSHFNaEZiUkhhNDEycHJEVDVfSmtmZXVa?oc=5) · Pioneer Press
- 2014-08-20 [Ohio Turnpike says sponsorships, ads OK, but not naming rights to tollway - Cleveland.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxOUWstT0tCWWhqUUlzWDNPb3A3cUdJQXZ5Q3ZqVUpmWFo0ek8ybGVtck9GSHdYZS1fZzdyVS1XVXpVS1hUbG5icmU1TjVNQm5Xc1dEZHhCNUE1U0xoejY2UWczcUtJQjBjMXJqTmd5NF9qVWp2TzJzSk9oM1Rua0tZbw?oc=5) · Cleveland.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35316 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/52.json (key "35316", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide