# FIRST NATIONAL BANK NORTH
WALKER, MN · FDIC certificate 5269 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. Composite score 0 (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 | $864.3M | |
| Deposits | $756.3M | |
| Loans and leases | $645.9M | |
| Total equity | $103.2M | |
| Loans / deposits | 84.08% (p56 of band) | 82.04% |
| Liquid assets / assets | 24.24% (p49 of band) | |
| Uninsured deposits / deposits | 17.07% (p19 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.14% (p70 of band) | 10.81% |
| Unrealized securities loss / equity | -1.46% (p83 of band) | -8.10% |
| AOCI / equity | -0.01% (p74 of band) | |
| ROA (annualized) | 2.54% (p95 of band) | 1.28% |
| Net interest margin | 4.50% (p83 of band) | 3.91% |
| Efficiency ratio | 48.72% (p16 of band) | |
| Noncurrent loans | 0.23% (p35 of band) | 0.43% |
| Net charge-offs (annualized) | 0.02% (p61 of band) | |
| Reserve coverage of noncurrent | 669.04% | |
| Real estate % of loans | 83% | |
| Construction % of loans | 61.50% (p65 of band) | |
| Auto loans | $15.3M (2.38% of loans; DQ 0.79%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 7.8% | |
| Employees | 123 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 0 |  | reserve under noncurrent |
| 2011-09 | 1 | reserve under noncurrent |  |
| 2011-12 | 1 | capital falling | reserve under noncurrent |
| 2012-03 | 0 |  | capital falling |
| 2012-06 | 1 | reserve under noncurrent |  |
| 2012-09 | 2 | capital falling |  |
| 2012-12 | 2 |  |  |
| 2013-03 | 1 |  | capital falling |
| 2013-06 | 0 |  | reserve under noncurrent |
| 2013-09 | 1 | capital falling |  |
| 2013-12 | 0 |  | capital falling |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | reserve under noncurrent |  |
| 2014-09 | 0 |  | reserve under noncurrent |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | charge-offs p90 |  |
| 2015-12 | 1 | capital falling | charge-offs p90 |
| 2016-03 | 2 | charge-offs p90 |  |
| 2016-06 | 1 |  | charge-offs p90 |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 0 |  | capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | capital falling |  |
| 2018-03 | 0 |  | capital falling |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | capital falling |  |
| 2019-03 | 0 |  | capital falling |
| 2019-06 | 0 |  |  |
| 2019-09 | 1 | capital falling |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | capital falling |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | capital falling |
| 2022-06 | 1 | construction >100% equity |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 0 |  | construction >100% equity |
| 2023-03 | 1 | deposits shrinking |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 | capital falling | deposits shrinking |
| 2024-03 | 0 |  | capital falling |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 1 | capital falling |  |
| 2025-03 | 0 |  | capital falling |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | capital falling |  |
| 2026-03 | 0 |  | capital falling |
| 2026-06 | 0 |  |  |

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

- 2025-12-15 [First National Bank in Akeley Closed After Pickup Drives Into Building - Lakeland PBS](https://news.google.com/rss/articles/CBMikgFBVV95cUxQMWd6RVNRalBlSlVQZV82Tl9jUFhEM1cxamdIQUNEd01CUDVLcGd4blA0cW1aajF3bmVsM0hnSTItckQ1THliaVUzMndoeno3bXdJT3VpRkl6S3hfQ2JCT1VQcU5ydUhBVXl3RER5T3RvWnY4aWVWbzdHTjhBaFZjOGdoTVdMM3NPNmpYZnhxU2pldw?oc=5) · Lakeland PBS
- 2018-12-26 [First National Bank is Dementia Friendly - The Pilot Independent](https://news.google.com/rss/articles/CBMivAFBVV95cUxQNXp6eVhPRWo0dUR2dW56WFh1UExJczZhbm5DVm5WSWg4cFhpMjhMV21BakM2RndWVDZQa2oxbmRFOWZKRFFUa1hGekJKWUdjMHp3ZzR6NzlkZlN4bE9qa3dfR0lkYmY5ejRubC14elI3bmkzaGl0LVgzZ2RCNGpOU1dLUTlMdUZIdmdZa0Q3WjVZNlJualh4ODhKQnBfQnpGdHhLcXRQSVh0UmtZZ2p5dlQ0YndKV0F6TUtLZg?oc=5) · The Pilot Independent
- 2024-12-09 [Blake Herman Obituary Dec 9, 2024 - brenny.com](https://news.google.com/rss/articles/CBMiWkFVX3lxTFBLczZLMVFhSGVOSzJaQU9wLWhwMFNaZk1TbjRaWVBqcjZMLW5qSVFBczFCcWxRX2l6ZV9jVnlCTTBRNVZ4bjY1S3RkdUF6UkgxUWdhYjhtc0cyUQ?oc=5) · brenny.com
- 2026-01-12 [School Board split on vote for 2026 chair - Brainerd Dispatch](https://news.google.com/rss/articles/CBMijgFBVV95cUxNb2VOSFREMVlFNEFhTmdjS3hnTXZWa3FWV1d1bmhDUGc1eHRwU2JfVi1Za1Z1RW9rZ3laU0d4bnFOUm1zTUJEYmdXTDZqdFJxNk9CVTQ2eDBDd0JuSEJtT3FzZ3lyNVFKcDY1cUJISmc0bnhqMWRZNndVbGJ0UnBQYkFsYnJfSGNsaExrY2Rn?oc=5) · Brainerd Dispatch
- 2025-05-07 [Community center in northern Minnesota, $2 million in debt, files for bankruptcy - startribune.com](https://news.google.com/rss/articles/CBMitgFBVV95cUxORXBmU2FrdmhteE5KOGNYQksxeVF4SmpVSkxmaE0yU09DX0Y0Mm1VZUIzd3ExTkFRN0w0MGpjYzJSTks0VmVMTG5YTF8xN1d6VjFXaTBRZFUxaTE2Q3pmRHRTeFpGbERfUDZRZXJnbmFfY1VwMmRocWsxSmZuLU1pVm5HelprVHkwQmZjLVNoM1lnVGE0ODVPTXJvODV6ck9XeDI4RUR5YnVSQUNoeHJfSUJLMG9Jdw?oc=5) · startribune.com
- 2014-07-20 [Obituary information for Joseph "Joe" Anton Lueken - ceasefuneralhome.com](https://news.google.com/rss/articles/CBMihgFBVV95cUxORTRscko0dVlJWDJxdTFKVjVZQ2M1TXd0VTF5NlZMeTM4VTJtdFp5dFFCYUVmSmN0aVhTN1FoZ0JJem5tWmlJTklQRWZLbjBXSTdnc2hNU0FLbW91WGg4YVlzeGVMVTNaWmdlTGVpOGZmRWNqcjc0QXpqbHNGYUx5S1dkZ0JGZw?oc=5) · ceasefuneralhome.com
- 2023-11-08 [Ideal Township family is thankful for support after house fire - pineandlakes.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxNY1NXZDN2eEZneW41R3ZJLWYwV3R1aGtxeG1BdVFTN0lDbDlXUlRiT3llemNpRmtfQ1k3SUdtaEFoOGtPbjZUVmdnV21fcG43eHFYUXJlaExoQ2QwYVk4ZEg3S0dIa3dmVF9HRmV0Y0UxbzM3MllhWTNIMnhaMGwtaXRzc21yMWhFanlpZURpeEZXTmRyLXh1aVJzbWJ1Qm5MS1BrZw?oc=5) · pineandlakes.com
- 2023-01-13 [Brainerd School Board discusses student achievement, summer school - Brainerd Dispatch](https://news.google.com/rss/articles/CBMirgFBVV95cUxOQmU2NkJXZF9iRTFBQ3BWUU5UYWcwdjhPQXZPSXlEQlZjYkx3TEtGT1ZUYkhfUVhCdFpFWTFJczlhU0hPdHpDODdOanpTOVQ1cnhFTWhDY3QxZkdQdXR1czhvWWtuZmdIQWVDWEZOWG5vNksyMlUzVUJ2Q0FUZ3VJaldzSzJnalgwV3AtM3NvT0h3NzcybV9iWWlXd1NsSEo0NUhOQ3lSRk9oNmRqTUE?oc=5) · Brainerd Dispatch

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5269 (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/21.json (key "5269", 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