Minnesota – Itasca – Nashwauk
(NM) Commercial bank, state charter and Fed nonmember
active
www.ambnk.com
Minnesota
Itasca
Nashwauk
(NM) Commercial bank, state charter and Fed nonmember
active
5216
1920
FDIC Certificate Number: 5216
FDIC's unique number: 3503
The FDIC Field Office where an institution is physically located: Grand Forks
Federal Reserve ID Number: 716655
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 19
Number of Foreign Offices: 0
The date of the last data update: 2006-11-03
1920-01-01 Institution established. Original name: The American National Bank Of Nashwauk.
1992-02-01 Acquired The First National Bank Of Nashwauk in Nashwauk, Minnesota.
1993-07-26 Changed name to The American Bank Of Nashwauk .
1993-07-26 Changed primary regulatory agency from Comptroller Of The Currency to Federal Deposit Insurance Corporation.
2002-04-01 Acquired Mountain Iron First State Bank in Mountain Iron, Minnesota.
2002-04-01 Changed name to American Bank Of The North .
2002-04-01 Acquired American Bank Of The North in Grand Rapids, Minnesota.
Total assets: $637,704,000
Total deposits: $568,767,000
Deposits held in domestic offices: $568,767,000
Equity capital: $51,861,000
Net income: $2,941,000
Return on Assets: 0.92
Return on Equity: 11.81
Last updated on: 2011-10-20
Bank Holding Company: Mesaba Bancshares, Inc.
American Bank Of The North - Admin Building Branch
American Bank Of The North - American Bank Of The North
American Bank Of The North - Biwabik Branch
American Bank Of The North - Bovey Branch
American Bank Of The North - Calumet Branch
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Profile ID: LFUS-BAB-P-25188